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Recent Press Release

Generic buildings
Annual foreign investment into CRE reaches $20b for the first time

According to the latest Cushman & Wakefield Investment MarketBeat, the level of foreign capital targeting Australian commercial real estate assets has reached a record high as strong office markets across the country continue to attract offshore investors.

John Sears • 31/10/2019

Sth Yarra 671 Chapel 750x456
671 Chapel Street to sell in excess of $52M

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

MELBOURNE SKYLINE
Home of Chapel Street’s Revolver Upstairs is for sale

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

Goulburn War Memorial
The ‘Mechanics Institute’ sells for $4.8 million on a 5.77% yield in Goulburn

Cushman & Wakefield today announced the $4.8 million sale of a 1,213 sqm commercial site in the heart of Goulburn, NSW. The property, known as the ‘Mechanics Institute’, was sold at auction to a local private investor, achieving a sale price well in excess of its written reserve.

Ryan Cross • 08/04/2019

Pitt Street Sydney Retail
Surging rents see Pitt Street Mall remain as world’s 7th most expensive retail precinct

A dramatic 17.9% increase in retail rents to $16,500 sqm has helped cement Sydney’s Pitt Street Mall as one of the world’s most coveted retail precincts, again ranking as the 7th most expensive shopping strip globally, according to Cushman & Wakefield’s Main Streets Across the World report.

13/11/2019

North Sydney Highway Traffic
Australian CRE investment set to climb with $8bn in live office deals

The Australian office market is set to drive national commercial real estate investment volumes higher in 2019, with nearly $8bn in office asset sales currently on the market across the country. Once transacted, this pipeline will add to the $3.2 billion in office deals already completed in Q1 2019 – 66% of the market-wide quarterly investment total of $5.46 billion.

John Sears • 27/03/2019

Smith Brothers Acquisition
Cushman & Wakefield acquires national trade services business

Cushman & Wakefield (NYSE: CWK) today announced the acquisition of one of South Australia’s largest trade services businesses, Smith Brothers Group (Smith Brothers), comprising 200 people, enhancing the company’s facilities services across Australia and New Zealand. The team will join Cushman & Wakefield’s Australian occupier services platform and be part of the company’s global occupier services network that manages 3.5B SF across the world.

James Patterson • 07/03/2019

Brisbane River
CBIC to sell commercial office building at Yeerongpilly

Cushman & Wakefield, jointly with Savills, today announced it has been appointed by the City of Brisbane Investment Corporation (CBIC) to sell a three-storey, A-grade commercial office building at 665 Fairfield Road, Yeerongpilly.

28/03/2019

investment
Inaugural portfolio auction achieves $14.4M

Cushman & Wakefield today announced the successful sale of four properties

Wendy Yee • 20/10/2017

generic-building
Cushman & Wakefield completes $18m sale of Coorparoo Health Centre

Cushman & Wakefield completes $18m sale of Coorparoo Health Centre some 4 kms south east of the Brisbane CBD

Wendy Yee • 14/07/2017

Central Coast NSW
Tony Denny’s Central Coast development portfolio hits the market for $40m+

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

investment
Cushman & Wakefield expands valuations practice

Cushman & Wakefield, a leading global real estate services firm, today announced the acquisition of Knight Frank’s Sydney valuations business, which comprises 24 valuation professionals.

Wendy Yee • 04/09/2018

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