Office

The sad saga of the site of St Kilda’s much-loved-but-lost Greyhound Hotel has entered a new phase with the search for its next owner.

Listed office trusts appear to have a strong future as the latest promoter of a float of a fund launching on the local exchange snapped up a Brisbane building anchored by national operator Hub Australia.

Homegrown software giant Atlassian is poised to shift its headquarters to a site next to Sydney’s Central Station, with the company co-founded by Mike Cannon-Brookes and Scott Farquhar anchoring a multi-billion-dollar technology district.

The once gloomy fringes of Australia’s biggest cities are proving a lure… for hipsters. 

Forget about installing that ping pong table – it’s taking far more to impress Australia’s increasingly picky corporate tenants.

A warehouse development at the foot of the Separation St bridge will continue the transformation of business accommodation started at North Geelong’s Federal Mills precinct.

The number of forced commercial property listings has spiked in Melbourne, driven by lower confidence in the retail sector and a series of residential developers collapsing into administration.

The space and defence industries are proving the turning point for sentiment in the Adelaide office market, causing vacancy rates to fall over the past year.

Top law firm Herbert Smith Freehills is being courted by developers looking to lure it out of Melbourne’s tower of power, 101 Collins Street, with the under-construction skyscraper at 80 Collins Street emerging as an option for the group.