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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

Tim Courtnall • 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

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.

Joshua Wright • 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

Amid the tightest social restrictions for Victorians to date, a number of retailers are committing to new leases in the Melbourne CBD to position themselves for the eventual rebound in consumer spending and trading conditions.

Michael Di Carlo • 17/08/2020

The soon-to-open Victorian Pride Centre will celebrate Victoria’s diverse LGBTIQ community, paving new directions for its future and honouring its brave, and at times, difficult past.

Michael Di Carlo • 05/08/2020

As part of Cushman & Wakefield’s commitment to diversity and inclusion, our SA Water account team engaged with client SA Water to propose and facilitate the employment of a disability support candidate to join the onsite Workplace team at SA Water’s Victoria Square office in Adelaide.

03/08/2020

Whilst Covid-19 has created unprecedented challenges to the delivery of property services in New Zealand, especially during lockdown, the Cushman & Wakefield team in New Zealand have continued to deliver for existing and secure new clients.

Paul Huggins • 02/08/2020