Office

Growing vacancy levels in second-tier office stock is creating an ever-widening gap between top-end towers and lower quality buildings, a new report from CBRE has warned.

A $20 million makeover for Hobart’s Lands Building will allow it to accommodate almost 300 more government workers.

Two heritage office terraces are up for lease in one of Melbourne’s most tightly held pockets.

The white-hot market for Bunnings Warehouses has been stoked again, with ten investors waging a heated auction battle for a Queensland Bunnings that pushed its price to $18.68 million.

A landmark building in Hobart’s CBD is expected to fetch tens of millions of dollars when it is sold later this month.

Sydney-based real estate investor Markham has become the latest player to enter the city’s rising southern office precinct, proposing a new top-class office complex in Alexandria.

The top end Sydney’s office market is seeing a surge of activity at the start of the second half of 2019 with more stock likely to the hit the market as global buyers drive a wave of new deals.

Sydney’s landmark Chifley Tower and Plaza has become part of the Charter Hall empire, with the listed group taking control of the $1.8 billion office building after striking a partnership with its owner, Singaporean sovereign wealth fund GIC.

A series of international architects have been short-listed to design Cbus Property’s second commercial office project in Brisbane’s CBD at 205 North Quay.