News

"A significant 53.99 hectares of development land on Queensland’s Gold Coast has been put to market with development approval for reconfiguration into 46 management lots. The site is considered one of the last major industrial landholdings in the central Gold Coast area, one of the fastest growing economies in the country."

"Savills plc, the global real estate advisor, publishes the following trading statement in respect of the year ended 31 December 2023."

"Industrial, Hotels, and Alternatives Top 3 on Investors’ Wish List According to leading agency Savills Australia’s Spotlight on 2024 Report, industrial, hotels, and alternatives will be among the most popular asset classes in 2024, as greater clarity around the interest rate outlook and further pricing adjustment drives a recovery in investment activity. Savills expects that ongoing strong population growth and a recovery in tourism will continue to boost consumer demand, supporting demand for space in the industrial, retail, and hotels sectors."

"Leading real estate agency Savills’ latest Australian Student Accommodation 2023 Report has revealed that demand for Purpose-Built Student Accommodation (PBSA) remains at its most feverish point and tipped to further increase, continuing to outstrip supply amid low vacancy and a mounting number of offshore student arrivals."

"Beloved pub owner, Stephen Paterson, has handed over the reins of Bundaberg’s local favourite Railway Hotel, incorporating Spotted Dog Café, Bar and Grill."

"A double frontage development site within Melbourne’s Frankston Metropolitan Activity Centre precinct is being offered to market, with leading agents Savills Australia and New Zealand appointed to market the site on behalf of Frankston City Council."

"Australian hotel markets are continuing to go from strength to strength, with Brisbane, Sydney and Perth leading the charge in nationwide RevPAR growth, according to new data released today from Savills Australia and New Zealand. All remaining major markets are now at new levels, despite occupancy in most yet to return to pre-COVID figures."

"Savills has announced the appointment of Rob Shanley to the role of Chief Financial Officer (CFO) for its Australian and New Zealand business."

"Savills Australia and New Zealand has today announced the expansion of its Victorian business with the addition of a new residential projects team. Michael Lang will lead the team in the role of State Director, joined by Robert Bacelic (Channel Sales Lead), Micah Ashley (Associate Director) and Nicholas Boland (Associate Director)."

"Savills Australia and New Zealand have been exclusively appointed to sell a high performing freestanding Woolworths supermarket in Maryborough, 140km north-west of Melbourne’s CBD, which is being offered for the first time ever."