CREATING INSPIRING WORKPLACES

The market for childcare centres, fast food and healthcare properties shows no signs of slowing, with investors snapping up almost $44 million worth of assets as part of Cushman & Wakefield’s September portfolio auction. The portfolio assets sold collectively almost $4.6 million above reserves.

Michael Collins • 28/09/2021

While lower occupancy has reduced the carbon footprint of many commercial office buildings amid the pandemic, higher CO₂ emissions from hybrid working significantly outstrips these declines, according to data analysed by Cushman & Wakefield’s sustainability team.

Rebecca Jinks • 06/09/2021

Cushman & Wakefield has been named as a finalist in the Australian Defence Industry Awards for Estate Infrastructure Business of the Year.  

Damon Bird • 30/08/2021

Amanda Phua • 23/08/2021

A Sydney based high net worth private investor has acquired a freehold site leased to Guzman Y Gomez ‘sight unseen’. The property, located in the Queensland suburb of North Ipswich, sold for $4,050,000 which represented a low yield of 4.47%.

Michael Collins • 05/08/2021

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

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

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

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

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

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

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