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.

Refurb Drives 4000sq m Leases at World Trade Centre

Refurb Drives 4000sq m Leases at World Trade Centre

22 October 2014

More than 4000 square metres has been leased in Tower 4 at Melbourne’s World Trade Centre to four tenants, likely to render the tower fully occupied in coming weeks.

 
 
Full Floor Office Vacancy Marginally Up Nationally

Full Floor Office Vacancy Marginally Up Nationally

22 October 2014

The number of full office floors vacant across Australia’s key capital city office markets has risen by a little over 6 per cent in the last 12 months according to Savills Australia’s latest Full Floor Availability research.  

 
 
Melbourne’s Most Extraordinary Site Sold for $76.0m after 103 Years

Melbourne’s Most Extraordinary Site Sold for $76.0m after 103 Years

16 October 2014

Savills has just sold one of Melbourne’s most extraordinary landholdings on behalf of a local private family. The property was sold by an Expressions of Interest process to the City of Melbourne despite numerous higher offers being received from Asia-based groups.

 
 
Riverlakes Village Shopping Centre Sells For $11.5 Million

Riverlakes Village Shopping Centre Sells For $11.5 Million

03 October 2014

The Riverlakes Shopping Village, located at Cornubia south of Brisbane, has sold for $11.5 million. The sale represents an 8.2% yield on the centre’s passing net income.