One of the more interesting properties on the market this week is 545 St Kilda Road in Melbourne. Interesting, because all 25 owners have come to an agreement to band together to sell the block of units as a whole.
CoreLogic to acquire Symbility Solutions, with new standard of digital experience for insurers welcomed.
The 12-monthly sales value has also increased, with 70 sales at a total value of $789.3 million for the year to September 2018, compared to the 96 sales at a total value of $757.1 million for the previous year.
The latest research from Melbourne Cityscope shows that commercial property sales value has increased in the past three months.
Sales recorded in the most recent quarter totalled $912.9 million from 43 sales, as compared to the $278.2 million from 44 sales in the quarter to June 2018 and from the $271.4 million from 34 sales recorded in the quarter to March 2018.
The latest research from Gold Coast Cityscope shows property sale figures significantly decreased in the past three months.
CoreLogic’s preliminary auction results for the 2 week period ending 5th October 2018 saw 49 commercial properties taken to market across Australia.
After having only been placed on the market since September, the Hines Global REIT portfolio of four commercial properties across Australia has sold for $626 million.
Sales recorded in the quarter to September 2018 totalled $99.9 million, a decrease from the $186.5 million recorded in the three months to June 2018.
For the quarter to September 2018 there were 21 sales at a total sales value of $174.4 million, compared to the 22 sales at a total value of $258.3 million for the previous quarter.
Sales recorded in the quarter to September 2018 totalled $160.6 million from 23 sales, compared to the $182.6 million from 22 sales recorded in the quarter to June 2018 and the $191.2 million from 22 sales recorded in the quarter to March 2018.
The latest research from Christchurch Cityscope shows that commercial property sales’ value in Christchurch’s CBD has decreased in the past three months.