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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. 

James Patterson • 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.

James Patterson • 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.

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

A unique opportunity to become the landlord of the iconic Revolver Upstairs is being brought to market by Cushman & Wakefield.

Marcus Neill • 27/02/2020

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

Cushman & Wakefield has today announced the appointment of George Mair as Director, Tenant Advisory Group (TAG) in Perth, strengthening the team’s footprint in WA and complementing the business’ national presence.

Michael Kearins • 29/10/2020

Investment into Australian commercial real estate continued its gradual rise in the September quarter, with transaction volumes increasing to $6.5 billion, up 38% from the June quarter total of $4.7 billion.

Simon Fenn • 14/10/2020

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

Cushman & Wakefield today announced that it has sold a significant land holding and development opportunity, 239 Hume Highway, Cabramatta, for $7,550,000. The purchaser, a Melbourne based-owner occupier, intends to develop the site into a large format showroom. 

17/09/2020

At an auction held today by Cushman & Wakefield, an Officeworks-tenanted asset located in Brisbane’s Capalaba has sold under the hammer for $8.425m, on a yield of 5.1%.

Michael Collins • 16/09/2020

A freestanding property in Burleigh Heads has sold for $4,500,000 ex GST prior to auction.

10A Alex Fisher Drive consists of 1,999 sqm building on 4,565 sqm land and has been sold via a campaign handled by Sean O’Connor and Josh Wright from Cushman & Wakefield.

Sean O'Connor • 14/09/2020

Cushman & Wakefield (NYSE: CWK) announced today that the firm was named the world’s top commercial real estate advisor and consultant for the third consecutive year by Euromoney’s 2020 Real Estate Survey. Globally, the firm also garnered top spots for Property Valuation and Research for the third consecutive year, and No. 1 in Agency Letting/Sales for second consecutive year. The firm also claimed the No. 1 spot for Investment Managers.

James Patterson • 14/09/2020

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

Cushman & Wakefield today announced that a Sydney based fund has sold an investment property in Freshwater Village on Sydney’s Northern Beaches for $4.87m. A local purchaser acquired the site fully leased to Skywood Climbing, Sydney’s newest climbing and bouldering centre.

Yoshan Mendis • 02/09/2020