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Sales of commercial property around the country fell 60 per cent to $3 billion in the first six months of 2008, plumbing depths not seen for 15 years, according to research from agent CB Richard Ellis.>More
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A prolonged period of high fuel costs is creating a tougher operating environment for many industrial property occupiers, leading to reduced demand and ultimately downward pressure on rents, according to market experts at Jones Lang LaSalle.>More
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Rental growth and prime yields in Melbourne's retail sector firmed over the past 12 months but turnover-- mostly in food sales -- declined by 0.9 per cent in April.>More
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Cashed-up interstate investors are driving inner-city Melbourne’s office property to new levels, taking advantage of the strong market in one inner-city hot spot. With sales totalling $100m and a strong rental market, will this trend continue?>More
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Westfield Albany, New Zealand's largest shopping centre on Auckland's North Shore, has taken out top prize at the 2008 New Zealand Property Council’s Awards.>More
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The new Southpoint development at South Bank in Brisbane is set to commence construction this month, following the announcement of the approval of the amendments to the Approved Development Plan (ADP) from the Minister for South Bank Corporation.>More
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