New Perspective: From Pandemic to Performance
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Recent Press Release
The City of Brisbane Investment Corporation (CBIC) has sold the South Regional Business Centre (SRBC) at 665 Fairfield Road, Yeerongpilly to WA-based Ascot Capital Limited for $35.25 million.
Mike Walsh • 30/04/2020
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
Private investment into defensive Queensland-based commercial property assets within essential service industries has remained robust during the COVID-19 era, as local and interstate high net worth investors continue to pursue yield.
Michael Collins • 23/07/2020
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.
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.
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
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
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
Cushman & Wakefield today announced it has further strengthened its North Shore office leasing footprint with the appointment of Steve Clapham. Steve joins Cushman & Wakefield as Director, Metropolitan Office Leasing, to help address increasing tenant demand in key North Shore markets, reporting to recently appointed Head of North Shore Office Leasing, Giuseppe Ruberto.