The preliminary clearance rate of 54.6 per cent last week is lower than both the clearance over the previous week (65.5 per cent) and at the same time last year, when 65.5 per cent of auctions cleared. There were 44 reported commercial auctions last week, an increase from the previous week’s 29 reported...
The latest research from Adelaide Cityscope shows that commercial property sales have decreased for the quarter to July 2016. The latest quarter shows total sales figures of $43.1 million from 27 sales, a decrease compared to the $197.9 million from 18 sales recorded in the quarter to April 2016 and a large...
Anton Capital has sold two Sydney office towers to Poly Group for a reported $160 million. Read more.
July 2016 has been a big month for new construction updates across the country from the Cordell research team. Download report here.
German supermarket giant Aldi has purchased a four story office building in Sydney's northern suburbs for potential future redevelopment.
A five-year-old Bondi Beach fronting property has very quickly sold for $31.25 million to Cook Property Group. Read more.
Chinese residential developer Aqualand purchases property from Altis Property Partners for $54 million. Read more.
One of the last remaining properties in the Insurance Commission of Western Australia's property portfolio has been sold for $87 million.
Telstra has sold it's dual frontage block at 308 Exhibition Street in Melbourne's CBD to a Malaysian development company.
The Grand Hotel Chancellor, a 4.5 star hotel in Surfers Paradise, was sold to Challenger Ltd for $80 million.
CoreLogic news details good fortune has certainly smiled on Computershare with the $88,888,888 sale of its Abbotsford Corporate headquarters. Read more.
CoreLogic news details Primewest, a wholesale property syndicator and developer, has paid just over $113 million for a half-stake in Perth's Exchange Tower.