Being advertised as a ‘Golden Triangle Trophy Asset’, 410 Queen Street in Brisbane has been put on the market by Mike Walsh and Peter Court of Cushman and Wakefield in conjunction with CBRE.
The latest research from Parramatta Cityscope shows sales have increased substantially in terms of both sales value and volume. In the quarter ending September 2019, there were 27 sales at a total value of $175.6 million, compared to the $46 million from 12 sales recorded for the previous quarter.
The latest research from Gold Coast Cityscope shows property sale numbers and figures have declined in the past three months. Sales recorded in the three months to mid-September 2019 recorded 26 sales for a total of $89.1 million.
The latest research from Christchurch Cityscope shows that commercial property sales’ value in Christchurch’s CBD has slightly decreased in the past three months.
The latest research from South Sydney Cityscope shows property sales for the quarter to September 2019 have decreased slightly in terms of total value.
NZ Super Fund has invested $300 million into a hotel investment venture which includes an investment in the Christchurch BreakFree. The super fund, partnering with Russell Group of companies and Lockwood Group, is to form a partnership to own three hotels.
Recent Sydney Cityscope records indicate the continuing strength of the commercial property market with 81 sales being recorded for the last quarter to August 2019 with a total value of $5.7 billion.
The latest research from Perth Cityscope shows property sales have decreased in the past three months.
The latest research from Newcastle Cityscope shows commercial property sales in Newcastle’s CBD have increased in total sales value.
Sales recorded in the quarter to September 2019 totalled $191.8 million, a decrease compared to the $380.2 million from 17 sales recorded in the quarter to June 2019, but an increase from the $44.8 million of 23 sales recorded in the three months to March 2019.
The latest research from Chatswood Cityscope shows that commercial property sales in the areas covered by it have decreased dramatically in total sales value (mainly due to the transaction of the Zenith Centre in the June 2019 quarter).
Although only a small percentage of the overall global AccorHotels business, the hotel portfolio that was part of the former Tourism Asset Holdings portfolio has generated a huge local sale for the group.
The Durack Centre, one of Stockland’s last remaining commercial assets in Perth, is for sale through JLL Perth and CBRE Perth. The centre contains three buildings (held on a long term lease from July 1st, 1985, with two 33-year renewal options) with frontages to 2 Victoria Avenue, 263 Adelaide Terrace and...