ACT Commercial Property News

Australian Capital Territory commercial property news, commercial real estate market data, business news and insights.

News
Chance to dip toe in former Swimming Australia offices
A pair of prominent ACT offices is on the market in a building that was formerly Swimming Australia’s Canberra headquarters.
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German fund buys Canberra’s Maddocks House
German fund manager Real I.S. has swooped on an office complex in Canberra’s government district, picking up Maddocks House for $29 million.
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Singapore group buys major Canberra office and SA chicken facility
Singapore’s Soilbuild REIT has become the latest group from the city-state to leap into the Australian market, snapping up a Canberra office complex and an Inghams facility in South Australia in deals worth just over $116 million in total.
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Canberra offices back in investor frame
Canberra’s office market is again on the radar of local institutions, which wracked up a busy second half in 2017 after foreign buyers had set the early pace.
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Canberra government buildings earmarked for hotels, shops
Major development and investment companies have swooped on four properties in the parliamentary triangle precinct in Canberra that were sold off by the federal government for a total of $122.5 million and will be turned into new hotels, shops and office space.
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Who’s looking after the federal government’s properties?
The federal government has tapped a series of new providers to manage the commonwealth’s property portfolio as it looks to drive greater efficiencies across its holdings. This article originally appeared on theaustralian.com.au/property.
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Canberra’s Garema Centre to make way for $100m luxury hotel
Builder Geocon will develop a $100 million deluxe hotel in the heart of Canberra city after snapping up the Garema Centre in Bunda Street. Geocon managing director Nick Georgalis says tourists and business travellers to …
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Canberra almost topples Sydney for office rent growth
Canberra emerged as the surprise best performer of Australia’s office markets last year with the national capital ­second only to Sydney in delivering rent growth in the last quarter. This article originally appeared on theaustralian.com.au/property.
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Department of Finance signs on at One Canberra building
Developer the Willemsen Group has signed a multi-million-dollar long-term lease with the Commonwealth Department of Fin­ance for a new office building in Canberra near Parliament House. This article originally appeared on www.theaustralian.com.au/property.
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