Office

The listed Centuria Metropolitan REIT is preparing to sell an office complex in Brisbane’s north for about $85 million as it seeks larger opportunities.

Property funds group Charter Hall is putting its faith in Sydney’s office markets on display with a play for the Jessie Street Centre in the western Sydney hub of Parramatta that is being sold by Canadian group Brookfield for more than $400 million.

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.