April 2011


Flight To Quality To Prime Industrial Properties

Flight To Quality To Prime Industrial Properties

20 April 2011

The national vacancy rate for Australia’s industrial property market has held relatively firm, down just 0.4 percentage points to 4.7% over the second half of 2010, according to Savills latest survey of national industrial stock.

 
 
Boutique Brisbane Office Tower Fully Leased

Boutique Brisbane Office Tower Fully Leased

19 April 2011

Savills Queensland Office Leasing has fully leased the 140 Ann Street office tower in the Brisbane CBD, developed by the Wesley Mission, with China Southern Airlines taking the last  250sq m on Level 6.

 
 
Drummoyne RSL Site Sold For $3.66 million

Drummoyne RSL Site Sold For $3.66 million

18 April 2011

The former Drummoyne RSL Club premises in Sydney’s inner west have been sold for $3.66 million.

 
 
Record Development Sale In Melbourne’s Southbank

Record Development Sale In Melbourne’s Southbank

13 April 2011

Melbourne-based developer, Vicland, has paid $7 million for a corner development site in Southbank, in an off-market transaction conducted by Savills.

 
 
Doncaster Site Sold For Record $8.92 million

Doncaster Site Sold For Record $8.92 million

13 April 2011

A development site directly opposite Westfield Doncaster in Melbourne has sold for $8.92 million to an Australian based company whose principals have substantial development experience in Hong Kong, Australia and China.

 
 
Office Availability Hits Two-Year Low in Sydney CBD

Office Availability Hits Two-Year Low in Sydney CBD

04 April 2011

Prime office availability in the Sydney CBD continues to tighten, hitting its lowest level since June 2010 according to the latest research from Savills.