News

"Sydney’s Upper North Shore continues to go from strength to strength, asrecent changes in town planning due to significant growth over the past decade see an increased level of high density mixed use developments, most notably in Hornsby."

"A private investor has purchased a recently renovated, free standing two level retail and commercial building in Sydney’s Lower North Shore from a private investor, paying in excess of $16 million on a sub five percent yield."

"Australia's leading manufacturer of wholesale handmade reproduction furniture and designer mahogany furniture, Mahogany by Hand, has agreed terms on a new warehouse lease at Moorabbin in Melbourne’s south-east in a deal brokered by Savills."

"Australia's largest air conditioning manufacturer and distributor Seeley International has agreed terms on a new lease over an office/warehouse facility at Noble Park in Melbourne’s south-east in deal brokered by Savills Associate Director Daniel Kelly with Mark Spigelman from Lawson Real Estate."

"Portfolio sales of Victorian industrial property for the year to March have dominated a record year which saw total sales of more than $2.145 billion, nearly $600 million up on the long term average, according to Savills Research. "

"An owner-occupier has paid $2.5 million pre-auction for a Moorabbin office and warehouse facility in a private sale through Savills Directors Gareth Jackson and Lynton Williams in conjunction with Just Commercial."

"A developer from China has paid $11.67 million for an 8.78 hectare VicRoads site in the City of Brimbank, in one of Melbourne’s key growth corridors, in a deal brokered by Savills Julian Heatherich, Jesse Radisich and Nick Peden."

"A long-standing motel on Kingsford Smith Drive at Hamilton in Brisbane has been sold."

"Three Savills Queensland employees have recently progressed through the ranks, accepting new positions within their respective divisions."

"ST Family Trust, a private investment company, has purchased a childcare centre for $7 million on a 5.45% yield."