Leasing Commercial Property Information

Despite repeated calls to decentralise the NSW public service, and push workers into the ­regions, one of the state’s biggest commercial office space users, the NSW government, is seeking up to 22,000sqm of high-quality ­office space in Sydney CBD or the southern CBD in a bid to amalgamate several agencies. 

A third Victorian Institute of Technology campus will open its doors in Melbourne after the higher education provider snapped up five floors in the heart of the CBD.

The private O’Brien Group Australia’s purchase of the Icebergs Dining Room and Bar at Bondi Beach from former adman John Singleton for about $15 million will help it grow its leisure empire in Sydney by giving it an exposure to the booming top-end dining market.

Suncorp has snapped up more than 4600sqm of office space in the Adelaide CBD, in what is understood to be the city’s largest leasing deal this year.

A new wave of international luxury retailers is looking to set up shop in Australia, eyeing a stable economy and the growth in tourism from Asia.

Vacancy rates at popular boutique fashion strip High St in Melbourne’s leafy Armadale have dipped to a new low below 3.5%.

Despite a raft of store closures the major retail landlords are still keeping occupancy levels high and seeing turnover lift, according to new research. 

Specialty Fashion Group is believed to have struck a deal with one of its landlords, Scentre Group, after the owner of Australian Westfield-branded shopping malls is said to have agreed to lower the retailer’s rents …

Eastern seaboard office markets continue to strengthen with ­vacancy rates dropping below 5% in the country’s two largest cities, driven by upbeat economic conditions in Melbourne and a withdrawal of office space from the market in Sydney.