Office

A Brisbane skyscraper is poised to come to market – and it will be chased by deep-pocketed local and international investors.

The Japanese telecommunications giant is among the leading the way in office investing this year with more offshore capital tipped to follow.

The offer by the Singapore state investor will be the largest sale of an office portfolio since the pandemic, with a staged approach on the cards.

A prominent super group has sold off a 14-storey office tower on St Kilda Rd in the strip’s biggest office sale in three years, as another fund plans a major redevelopment.

An unexpected solution has been put on the table, with developers backing it but it could cause a stir.

Empty storefronts, ‘For Lease’ signs, and a raft of eerily empty office spaces — Australia’s urban landscapes are undeniably undergoing a period of transformation. Once bustling hives of commerce, many commercial spaces now stand partially, …

The property giant is focusing its comeback on the top end of the residential market, with its next move targeting a Sydney site a Chinese-Australian billionaire is looking to exit.

Buying the office block is another counter-cyclical play by the Melbourne-based funds manager.

Chase Commercial owner Rod Brown paid $4m for a two-level property at Park Rd in Milton and plans to join other big hitters in returning the precinct to its glory days.