The GPT Group & Charter Hall.
Amazon, RBC, Twitter, Unilever, QBE.
24,000 sqm
The GPT Group
Uber, Universal, ELMO, ABN AMRO, Arcadis
18,000 sqm
Cbus Property & Australia Post
Victoria Police
65,000 sqm
Lendlease
KWM, Minter Ellison, HWL Ebsworth & Gadens
30,000 sqm
A fully leased office building to Telstra on a short 2.5 year WALE with 3x5 year options that ideally suited redevelopment to residential (and possibly hotel) in the longer term. Offered by International EOI closed 25/10/2017.
There has been a noticeable increase in demand from Hong Kong based buyers who see Australia and in particular Sydney as a safe harbour for capital. There has been an increase in enquiry from Malaysia, Korea and Vietnam however most of these buyers are not yet committing to acquisitions. Australian investors, institutions and developers are plentiful and active.
8 written EOI’s received, 3 shortlisted buyers, 2 of which are Asian offshore and 1 Australian Institution. Strong pricing at $342 million.
The GPT Group & Charter Hall.
Amazon, RBC, Twitter, Unilever, QBE.
24,000 sqm
The GPT Group
Uber, Universal, ELMO, ABN AMRO, Arcadis
18,000 sqm
Cbus Property & Australia Post
Victoria Police
65,000 sqm
Lendlease
KWM, Minter Ellison, HWL Ebsworth & Gadens
30,000 sqm
A fully leased office building to Telstra on a short 2.5 year WALE with 3x5 year options that ideally suited redevelopment to residential (and possibly hotel) in the longer term. Offered by International EOI closed 25/10/2017.
There has been a noticeable increase in demand from Hong Kong based buyers who see Australia and in particular Sydney as a safe harbour for capital. There has been an increase in enquiry from Malaysia, Korea and Vietnam however most of these buyers are not yet committing to acquisitions. Australian investors, institutions and developers are plentiful and active.
8 written EOI’s received, 3 shortlisted buyers, 2 of which are Asian offshore and 1 Australian Institution. Strong pricing at $342 million.