Australian News

Hardly a day goes by without discussion about property, finance or a major development getting on to the news agenda in some part of the world. This section of the website brings you all the news about Savills from Australia.

Agents Appointed to Sell the Iconic Gherkin in the City of London

Agents Appointed to Sell the Iconic Gherkin in the City of London

30 July 2014

Savills and Deloitte Real Estate have been jointly instructed to sell The Gherkin at 30 St Mary Axe in the City of London following the appointment of Phil Bowers, Neville Kahn and Alex Adam of Deloitte LLP as the Joint Fixed Charge Receivers on the landmark office building.

 
 
Wingham Plaza Sold for $10.8 Million

Wingham Plaza Sold for $10.8 Million

30 July 2014

Wingham Plaza Shopping Centre on the mid north coast of NSW near Taree has been sold for $10.8 million.

 
 
Institutions more than Double Their Spend in the Industrial Sector

Institutions more than Double Their Spend in the Industrial Sector

29 July 2014

Institutional investors (Funds and Trusts) are back buying industrial property, doubling the amount they spent in the previous 12 months.

 
 
Industrial Sales Top $1 Billion in Best Result Since GFC

Industrial Sales Top $1 Billion in Best Result Since GFC

28 July 2014

Melbourne industrial property sales have topped $1 billion in the year to June – more than the 2011/12 and 2012/13 years combined - in the best result since the GFC, according to Savills Australia research.