blog.buysellrealestate.com.au

Charter Hall Group’s Core Plus Office Fund has acquired 11 Exhibition Street, located in the Melbourne CBD and the Westpac Bank Building at 109 St Georges Terrace in the Perth CBD

Devine Limited and Leighton Properties Pty Ltd have forged their first joint venture agreement to deliver the $400 million mixed-use Hamilton Harbour project in Brisbane’s inner-north.

An office and retail building in Surry Hills, New South Wales, has sold for $8
million prior to auction in a sale negotiated by Scot Robertson,
director of Tim Green Commercial’s Sales and Leasing Division.

A prime retail space in Sydney has been sold to a private investor $2.5 million by John Skufris and Scot Robertson of Tim Green Commercial.

Abacus Property Group has purchased two properties, one  in Canberra and another in Fern Bay, New South Wales, valued at $75 million which will be packaged as special opportunity funds for release in 2008.

Ray White Industrial M5 East has sold two properties located at Punchbowl and Sydenham in New South Wales, at auction for $330,000 and $855,000 respectively.

Jones Lang LaSalle’s latest Survey of Investor Sentiment has shown that investors overwhelmingly intend to keep purchasing commercial property despite an overall softening in the level of sentiment.

Of the top 10 Queensland suburbs which have performed best over the past year, nine are located in or close to resource-rich areas, according to the Real Estate Institute of Queensland.