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A-grade commercial property news, guides and insights.

German giant targets major Eagle St office
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German giant targets major Eagle St office
German funds manager Deka Immobilien is targeting the purchase of Brisbane’s 66 Eagle St complex for about $370 million, with the play again highlighting the city’s appeal to global investors.
$415m deal sealed for Parramatta’s Jessie Street Centre
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$415m deal sealed for Parramatta’s Jessie Street Centre
The acquisitive Charter Hall has put its belief in the suburban office markets of Sydney on display, unveiling a deal backed by Singapore’s sovereign wealth fund to buy the Jessie Street Centre in Parramatta for about $415 million.
Top Melbourne law firm weighs up offer to exit tower of power
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Top Melbourne law firm weighs up offer to exit tower of power
Top law firm Herbert Smith Freehills is being courted by developers looking to lure it out of Melbourne’s tower of power, 101 Collins Street, with the under-construction skyscraper at 80 Collins Street emerging as an option for the group.
Centuria secures Bowen Hills office block for $65m
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Centuria secures Bowen Hills office block for $65m
Property funds group Centuria has snapped up an office block in Brisbane’s Bowen Hills for $65.4 million as it bolsters its unlisted diversified vehicle.
US oil giant stays put on Perth’s St Georges Terrace
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US oil giant stays put on Perth’s St Georges Terrace
US oil and gas giant Chevron will stay in its existing St Georges Terrace digs until the end of 2023 while Brookfield builds its new headquarters tower at Perth’s Elizabeth Quay.
Investec seeks $90m for Fortitude Valley tower
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Investec seeks $90m for Fortitude Valley tower
The listed Investec Australia Property Fund is bringing a Fortitude Valley office block to market with hopes of reaping more than $90 million, as investor interest in the city surges.
Sydney office market surges as Blackstone eyes off $3bn in deals
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Sydney office market surges as Blackstone eyes off $3bn in deals
The premium end of Sydney’s commercial property market is headed for greater heights, with US private equity group Blackstone looking to strike a series of deals involving about $3 billion worth of the city’s best office towers.
John Holland closes in on buyer for Macquarie Park complex
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John Holland closes in on buyer for Macquarie Park complex
Property developer and builder John Holland is close to securing a buyer for the $350 million office complex it is undertaking in Sydney’s northern suburb of Macquarie Park, with the listed Growthpoint Properties Australia heading the field.
Wentworth Place joins $1bn rush of Parramatta stock
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Wentworth Place joins $1bn rush of Parramatta stock
More than $1 billion worth of towers in the western Sydney hub of Parramatta are in play with Charter Hall Direct’s PFA Fund to become the latest seller by putting Wentworth Place on the block.
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