In a deal that was negotiated by CB Richard Ellis, Toll Logistics will
anchor the $135 million Somerton Logistics Centre in what is the
largest lease in Melbourne’s northern suburbs this year.
Victorian building permit activities have eased slightly following five record years of building activity.
Colliers International’s survey of Townsville’s construction projects for the past 6 months shows 68 committed projects worth over $11 billion, but recent events could see some stall or be terminated.
The Exchange Hotel in Footscray, Melbourne, is being offered for sale via agents of Burgess Rawson & Associates.
A property in Victoria’s WARECA development is being offered for sale
as an investment by an expression of interest by Crabtrees Real Estate.
The Victorian Government has released a shortlist for the design,
construction, financing, operation and maintenance of Victoria’s
Desalination Plant Project.
According to the HIA, a weakness in leading housing indicators
is persisting into the second half of 2008, with building approval
figures confirming a continuance downward trend.