The Cost to Build | Office
The Cost to Build Office report examines how rising construction costs and elevated economic rents are constraining new office development across Australia’s major CBDs.
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Media Releases
Bondi’s Seven Ways trophy asset hits market
Bondi’s tightly held Seven Ways mixed-use asset hits market, attracting private investors chasing blue-chip beachside property
Jess Freeman • 25/05/2026
New Zealand rental housing draws institutional capital as policy and yield dynamics align
New Zealand’s rental housing market is attracting institutional capital as favourable policy settings and yield dynamics align
Jess Freeman • 25/05/2026
IFM Investors divests Midtown Melbourne for $154m to Coombes in CBD retail mega deal
IFM Investors has unconditionally exchanged a contract for the sale of Midtown Melbourne at 246 Bourke Street to Sydney-based Coombes Property Group for $154 million in what marks the largest Melbourne CBD retail transaction since 2024, reinforcing renewed confidence in prime city retail assets.
Jess Freeman • 22/05/2026
Glen Iris church site with six-level upside tipped to fetch more than $10m
Victorian church site hits the market with six-level development upside under new higher-density planning reforms
Jess Freeman • 22/05/2026
Cushman & Wakefield launches AI Impact Barometer to track how artificial intelligence is reshaping the real economy
Cushman & Wakefield’s new AI Impact Barometer tracks how AI is reshaping Australia’s economy, infrastructure and commercial real estate using data‑led signals.
Jess Freeman • 14/05/2026
Mernda super site with 150-townhouse potential hits market
A 4.4‑hectare Mernda landholding opposite the station has hit the market, offering circa 150‑townhouse development potential in Melbourne’s northern growth corridor.
Jess Freeman • 14/05/2026
Mackay retail sale sets new yield benchmark as investor demand intensifies
A fully leased retail asset in Mackay’s CBD has set a new pricing benchmark for 2026, with a $5.1 million sale reflecting one of the tightest yields recorded in the Mackay market this year.
Jess Freeman • 14/05/2026
Archdiocese to sell East Melbourne Office Property
Catholic Archdiocese of Melbourne brings prominent East Melbourne office property to market amid resilient demand for city-fringe assets.
Jess Freeman • 11/05/2026
Family-held Clyde site sells as developers chase scale
A tightly held parcel in Melbourne’s south-east growth corridor has sold off market, with AVID Property Group securing 40 Derricks Road, Clyde on an extended settlement, underscoring sustained demand for scale-ready development sites in key greenfield markets.
Jess Freeman • 11/05/2026
Greater Hobart’s largest industrial development opportunity set to hit the market
A 76-hectare industrial landholding in Greater Hobart’s northern corridor is being prepared for market, representing what is expected to be the region’s largest industrial development opportunity to date.
Jess Freeman • 11/05/2026
Toowoomba CBD office asset with Suncorp Bank anchor hits market
A tightly held office asset directly adjoining Toowoomba’s dominant retail precinct is expected to test investor appetite for regional CBD investments underpinned by blue-chip tenancy and long-term growth fundamentals.
Jess Freeman • 05/05/2026
Skipping Girl set to jump again as Abbotsford icon hits the market
One of Melbourne’s most recognisable landmarks is poised for its next chapter, with the ‘Skipping Girl’ site in Abbotsford brought to market.
Jess Freeman • 01/05/2026
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