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Media Releases

Coomera Outline
Silverstone sells Coomera healthcare development site for $9.4m

Vital Healthcare Property Trust (Vital), managed by NorthWest Healthcare Properties Management Limited, has acquired a significant development site in Coomera on the Gold Coast for $9.4 million. The site at 187-195 Foxwell Road is situated within the ‘Coomera Health Precinct’, earmarked by Queensland Heath as the location for a new public hospital to service one of South-East Queensland's fastest growing population centres.

Mike Walsh • 24/07/2021

Rathgeber and Melbourne Join Capital Markets Team
7-Eleven sells for $7.6m, sets record low yield in Queensland

A local investor has snapped up a 7-Eleven at 2009 Sandgate Road, Virginia, for $7.6m on a 5.14% yield. The low yield represents a new benchmark for a freestanding 7-Eleven in Queensland.

Michael Collins • 23/07/2021

NIS Auction July 2021
$65m+ of alternative assets to go under the hammer as online commercial auctions return

Private investor demand for commercial property assets continues to run hot, with interest rapidly building for a portfolio of 12 properties being brought to market at Cushman & Wakefield’s next portfolio auction, livestreamed on 28 July. The online-only auction will be the first in 2021 amid tightening restrictions in NSW.

Michael Collins • 22/07/2021

Rathgeber and Melbourne Join Capital Markets Team
Cushman & Wakefield strengthens PDS leadership team with two strategic hires

Cushman & Wakefield has today announced the appointment of Mitchell Wilson as the new head of Project & Development Services (PDS) and Maria Russo-Fama to Director, Client Services, to further accelerate the growth of the PDS business in Australian and New Zealand.

Tom Gibson • 05/07/2021

Rathgeber and Melbourne Join Capital Markets Team
East coast CBD office markets continue gradual recovery

The decline in effective rents in the Sydney and Melbourne office market has begun to slow, with incentives showing further signs of tapering following sharp increases in 2020, according to Cushman & Wakefield’s Q2 Office MarketBeat.

John Sears • 28/06/2021

Rathgeber and Melbourne Join Capital Markets Team
Sisters of Mercy Bring Iconic Bardon Hilltop site to market

The Sisters of Mercy have listed their Bardon property, previously the Congregation’s novitiate, for sale. The property is a 148,064 sqm amalgamation with views of the Brisbane CBD and towards Moreton Bay. The site holds significant development potential, suitable for a range of uses including multi-level residential, a large private home, land subdivision, education, retirement and aged care or even a health and wellness precinct.

Mike Walsh • 11/06/2021

Rathgeber and Melbourne Join Capital Markets Team
Deague Group lists state-of-the-art Melbourne office building for $200m

Deague Group has brought one of Melbourne’s most innovative new office buildings at 101 Moray Street to market, set to reinforce South Melbourne’s status as an emerging media and technology hub. The building has a price guide of more than $200 million, reflecting a cap rate of approximately 5%.

28/05/2021

The Ponds
Major Western Sydney resi development site sells at auction for $26+ million

In what is set to become Western Sydney’s next major residential development, a Sydney Based developer has acquired a 25,000 sqm site for just over $26 million, selling under the hammer at an auction held by Cushman & Wakefield and Next Commercial. The auction result is expected to be one of the most valuable development sites sold under the hammer in 2021.

Yosh Mendis • 29/04/2021

Rathgeber and Melbourne Join Capital Markets Team
Leadership promotions strengthen Cushman & Wakefield’s NSW valuations team

Cushman & Wakefield today announced six senior promotions within its New South Wales Valuations and Advisory business, as the team continues to strengthen and expand its market presence across Australia.

08/04/2021

Rathgeber and Melbourne Join Capital Markets Team
$94.3m worth of commercial property sells at Cushman & Wakefield portfolio auction

High net worth investor demand for commercial property leased to blue chip tenants continues to strengthen, with 17 properties selling under the hammer for a total of $94.3 million at an average yield of 4.73% at Cushman & Wakefield’s National Investment Sales portfolio auction

Michael Collins • 29/03/2021

Rathgeber and Melbourne Join Capital Markets Team
Cushman & Wakefield expands VIC industrial and office agency teams

Cushman & Wakefield is pleased to announce five new appointments within its Victorian Commercial Real Estate business, adding a depth of experience and strength to the Industrial Sales & Leasing and Office Leasing teams.

Luke Etherington • 02/03/2021

Rathgeber and Melbourne Join Capital Markets Team

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