Find Press & News

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

The Charter Hall Social Infrastructure REIT (ASX: CQE) has finalised a deal to acquire a 100% freehold interest in the site at 14 Stratton Street, Newstead, Queensland, for $122.5 million representing a 4.84% yield. The transaction was completed through a sale and leaseback with well-regarded health group, Mater Misericordiae Limited (Mater).

Peter Court • 09/10/2020

In one of the most significant Australian office market transactions since the COVID-19 pandemic, German investor, Deka Immobilien has acquired a 22 level A-grade office tower at 452 Flinders Street, Melbourne, from the Dexus Wholesale Property Fund for $454 million. 

Luke Etherington • 11/09/2020

National Australia Bank (NAB) has renewed its national integrated facilities management services contract with Cushman & Wakefield for an additional four years to 2024. Cushman & Wakefield’s Occupier Services business has managed NAB’s portfolio since initially securing the mandate in 1998.

Jon McCormick • 23/07/2020

Cushman & Wakefield has appointed industry veteran and former Brookfield Global Integrated Services (BGIS) APAC Managing Director, Jon McCormick, as its Head of Integrated Facilities Management (IFM) in Australia and New Zealand. 

Jun Sochi • 05/07/2020

Sustained investor appetite for alternative asset classes into Q4 2019, combined with elevated office market transactions, supported record yearly investment into Australian commercial real estate of $45.6 billion, according to Cushman & Wakefield research.

John Sears • 21/01/2020

2019 marked a significant decrease in the rate of rental growth in the Melbourne and Sydney CBD prime office markets, as tenant demand slowed on softer business conditions, according to the latest Cushman & Wakefield quarterly Office Marketbeat.

John Sears • 13/01/2020

03/02/2020

Amid the developing COVID-19 situation, Australian commercial real estate investment has fallen sharply in the first quarter of 2020, dropping to $3 billion, which is down 81% quarter-on-quarter from $15.9 billion in Q4 2019, of the second strongest quarter on record.

John Sears • 06/04/2020

Melbourne-based private investor Harry Goles is bringing the development site at 671 Chapel Street in South Yarra to market, with an expected price guide of in excess of $52m.

Marcus Neill • 02/03/2020

Central Real, the residential development firm owned by Tony Denny, has appointed Cushman & Wakefield to sell a portfolio of six development sites located on the Central Coast of New South Wales. The portfolio is expected to collectively fetch more than $40 million.

Anthony Bray • 20/03/2020

Cushman & Wakefield has pioneered online auction bidding for commercial real estate in a first for the commercial property industry, successfully selling both retail food properties in Dulwich Hill and Rhodes in Sydney that went under the hammer.

Michael Collins • 24/03/2020

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

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

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

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

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

John Sears • 26/02/2021

Cushman & Wakefield has today announced the significant strengthening of its National Valuations & Advisory team with four new hires in Victoria, welcoming institutional valuers Josh Phegan, Niall Ashleigh, Lily Lachal and Peter Bath.

David Castles • 25/02/2021

Cushman & Wakefield today announced that it has significantly strengthened its national capital markets business with the appointment of two of Melbourne’s most prolific commercial property brokers, Nick Rathgeber and Leigh Melbourne.

Josh Cullen • 10/02/2021

The sharp rebound in domestic and foreign investment into the office market in Q4 2020 helped lift quarterly investment into Australian commercial real estate to $12bn, with the total approaching the$14.4bn recorded in the previous three quarters combined.

Simon Fenn • 02/02/2021

Cushman & Wakefield’s National Investment Sales Team has been appointed to sell a portfolio of alternative investment assets across New South Wales, Queensland and Victoria, that are expected to sell for a total of approximately $60 million when they go under the hammer on 10 December in Sydney.

Michael Collins • 29/11/2020

Cushman & Wakefield is committed to applying a broad lens to diversity and inclusion both inside and outside the walls of our business, for people of all ages and abilities. As part of this commitment, we have now sponsored the Play It Forward initiative created by Play For All Australia.

Anna Town • 25/11/2020

Cushman & Wakefield has today announced the sale of eleven commercial properties for a combined value of $53.59 million, during the largest national portfolio auction held in Sydney during 2020.

Michael Collins • 11/11/2020