Commercial
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newsThe 7 must-know numbers of the week, starting with the price hopes for Harry M Miller's former Woollahra manor home
Property Observer reviews the top seven numbers of the week, including the average rental yield for houses in Bondi Beach.
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officeThe Royal College of General Practitioners South Melbourne HQ fetches healthy $9 million
Lemon Baxter director Paul O’Sullivan says the sale price for the office suggests growing confidence in an ever improving property market.
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retailWestfield's twin vehicle structure delivering benefits
This year both entities have significantly outperformed their A-REIT peers in terms of sharemarket performance.
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reitsDexus acquires Brisbane’s “Blue Tower” as it sees office growth potential in Queensland capital
Dexus is targeting an internal rate of return of 10.2% per annum over the next 10 years for the "Blue Tower" in the Brisbane CBD, which it has acquired for $241.6 million.
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reitsDexus reports 67% slump in profits, with mixed outlook for offices and warehouses
Dexus operating in a "challenging and volatile environment" says CEO Darren Steinberg as it reports 67% slump in full year profits.
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hammer pricesCommercial hammer prices: Charter Hall buys Stockland mall for $164 million
Recent commercial sales include The Edmondstone Motel in South Brisbane, which sold for $4.75 million.
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officeSydney and Melbourne green offices outperformed standard market in 2011-12: IPD
Green star-rated offices secured returns of 12% for Sydney investors, compared with 9.2% for the office market as a whole.
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retailSydney's prime retail rental market at 12 o'clock and about to fall: Jones Lang LaSalle
Sydney's retail property market for rentals is at 12 o'clock on the "property clock", between the quadrants "rental value growth slowing" and rental values falling".
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retailCinemas, mini-majors and food retailers the strongest performers in Westfield stores
The magic of the movies continues at Westfield shopping centres, with cinemas the strongest-performing tenants.
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retailWestfield half-year profits up 31% but revenue down amid subdued retail climate
Westfield has recorded strong profits for the half-year to June 30, but warns that retailing conditions remain subdued with just 0.8% growth in speciality store sales.
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