Office

Healthy demand for office space in suburban Sydney is prompting a series of new projects with Singapore-backed Frasers and the private Winten Property Group winning the deal of approval for a $750 million development.

The John Bond-led Primewest has snapped up an office block and a shopping centre in Western Australia in deals worth $65m in total as it buys fresh assets that will add to its $4 billion property funds empire.

Property developer Mirvac has purchased the former Melbourne Convention Centre site for $200 million, with plans to create a build-to-rent precinct in the heart of the CBD.

Office property heavyweight Dexus will press ahead with a $2 billion-plus twin tower proposal on Brisbane’s Eagle Street Pier site, with the new precinct signalling its confidence in the Queensland capital.

Hong Kong-based Link REIT has made one of the biggest direct property plays of the year, snapping up an office building beside Westfield Sydney for about $683 million.

Looking for something slimming this summer?

Listed property groups that own office towers and warehouses have confirmed their dominant position with commercial property giant Dexus unveiling a $656 million jump in property valuations, even as malls are under the pump.

A Maroochydore commercial property with an unforgettable exterior is being offered to both buyers and tenants. Located just moments from the beach and positioned amongst the $20 billion SunCentral development, the property at 1/40 Maud St is …

Brisbane’s rise to become one of the country’s most active office markets has been confirmed with local group Prime Super and advisor Whitehelm Capital swooping on an Adelaide Street tower for more than $150 million.