Canberra Commercial Property News

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.

Dexus Property Group is selling the home of Australia’s Customs Service in Canberra, with expectations the office precinct will fetch more than $85 million.

Abacus Property Group has put the former CSIRO headquarters in Canberra on the block with developers tipped to chase the well-located site and potentially build luxury apartments. This article originally appeared on theaustralian.com.au/property.

Developer Peet has struck an agreement to develop 3300 new homes at the University of Canberra in a $1.7 billion project likely to run for up to 20 years. This article originally appeared on theaustralian.com.au/property.

A seven-year high for Canberra commercial property has prompted the sale of a prominent Hume Property Partners-owned CBD office tower.

Canberra’s iconic Fyshwick Fishwyck Fresh Food Markets have been sold for $42 million, proving a bit of local knowledge can go a long way.

The Canberra office market is coming back to life, with the Juilliard Group swooping on a group of government-leased buildings in Tuggeranong. This article originally appeared in theaustralian.com.au/property.

Australia’s desire to attract foreign students should be a call to arms to developers and landlords, a peak education body says.

While recent GDP numbers proved disappointing, there’s a distinct lack of gloom in the CBD office sector, with agents predicting vacancies will fall in 2014.