Office

Property funds house Charter Hall is pushing more deeply into the long-lease office market, picking up a building in the NSW regional city of Gosford for $64.1m.

US property house LaSalle Investment Management is showing its confidence in the recovery of office markets with a $111.45m purchase in northern Sydney’s Macquarie Park.

Private capital is leading a new wave of dealmaking in Perth, with tycoons Gina Rinehart and Andrew Forrest active and lower-profile players also buying ­assets.

Charter Hall has shrugged off the chill winds rattling through the commercial property market, taking a half-interest in the $2bn Southern Cross Towers complex in Melbourne.

The stunningly restored London & Lancashire Building on Collins Street, Melbourne has been listed for sale, with the seven-storey landmark attracting keen buyer interest.

Demand for office space across Australia has hit record levels post-pandemic.

Cold and flu season along with rising Covid cases caused the national return of workers to CBD offices to stall through June, according to the Property Council.

Before 2020, offices were the undisputed asset of choice with commercial real estate investors. Cue the pandemic and the rise of remote working, and demand to buy offices fell off a cliff. Since this time, …

Property developers Third.i and partner Toohey Miller have tapped boutique construction firm Roberts Co to build a bold project in North Sydney.