Office
officeHeritage Melbourne office property and former CBD horse stables sells to local developer for $8.5 million
The narrow 36-40 LaTrobe Street site,is the former premises of the Burton Livery and Bait Stables built in 1890.
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hammer pricesTea importer pays $290,000 for office and warehouse in Melbourne's sought after south-east
Industrial property leasing demand is high in Melbourne's south-east with rents stable or increasing slightly, according to valuers Propell.
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commercialFederal budget a hit and miss for commercial property sector: Cushman & Wakefield
The housing market is a critical driver of the broader economy and the commercial property sector by extension says Cushman & Wakefield managing director David Woolford.
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reitsGPT set to resume takeover talks with Australand but block share trade still possible: Street Talk
There has been no official announcement from either GPT or Australand about a resumption of talks.
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officeOffice-to-retail conversion a growing CBD trend as ground floor space dries up: Colliers International
International retailers are struggling to find large ground floor spaces in the Melbourne CBD.
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officeSydney CBD remains the capital for big business headquarters: Chart of the week
Sydney remains the preferred location of choice for Australia's biggest companies with around 36% of the companies listed on the S&P ASX 300 headquartered in the city.
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commercialCommercial mortgage commitments up 1.5% in March: ABS
The rise in March and February followed a 9% fall in January with commercial lending continuing to trend downwards.
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foreign investmentProperty Council warns against further tinkering with offshore investment rules
Last year, the government doubled the withholding tax rate on distributions to offshore investors from 7.5% to 15%.
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leasingAustralia Post’s 999-year lease in North Melbourne revealed by Melbourne City Council
Australia Post has the lease on the 70 Errol Street premises until 2881.
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reitsMirvac kicks off new strategic focus with $584 million CBD office portfolio acquisition
The portfolio includes two A Grade office towers – the 90 Collins Street office tower at the Paris End of Collins Street and the Allendale Square skyscraper in Perth.
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