B-grade Commercial Property Insights

B-grade commercial property news , guides and insights.

News
Race on for RBA headquarters
The race for the Reserve Bank headquarters building at the Paris end of Melbourne’s blue-chip Collins St is coming to a head with listed property player Dexus facing off against private players rumoured to include investor Harry Stamoulis and US group Pembroke.
News
AMP Capital grabs two more buildings at Wynyard Place
Funds manager AMP Capital has tightened its grip on the Sydney precinct surrounding Wynyard station, buying half stakes in two buildings in Carrington St worth about $500 million in their entirety.
News
Singapore group adds $60m Brisbane office to portfolio
Singapore-based Rockworth Capital Partners has swooped on an office building in Brisbane’s financial district in a deal worth more than $60 million.
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Linfox, Salta miss out on $95m VACC headquarters
Abacus Property Group has confirmed its purchase of a $95 million office tower in Melbourne’s busy St Kilda Rd corridor, in conjunction with Singapore-­listed Wing Tai Holdings. 
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Singapore groups to cash in on Sydney CBD demand
A pair of Singaporean groups, Roxy Pacific and Tong Eng. Group, are set to become the latest owners to cash in on Sydney’s office boom as they bring a Clarence Street building to market that could sell for than $160 million.
News
Hyde Park sale: Sydney office market runs hot
Sydney’s office market continues to run hot with the Mah family emerging as the buyer of a $90.8 million complex opposite Hyde Park while another nearby site that could sustain a major hotel development has hit the block.
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Hub takes second Melbourne co-working space to the top
Co-working giant Hub will open its second Melbourne space at the top of one of the city’s best-known skyscrapers.
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Sydney a ‘Hong Kong tycoon’s party’
Hong Kong tycoons and finance houses have set a fierce pace in buying Sydney towers over the past year, and their interest is expected to flow into 2018 as a tide of fresh capital pours out of the territory.
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Foreign investors zero in on Perth office market
International funds managers are taking advantage of the stronger interest in Perth commercial towers to strike deals worth more than $120 million.
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