Posted in News on Nov 4th, 2010
Sydney, Perth and Brisbane have ranked in the top 10 most expensive logistics rental property markets, according to research released today.Real estate firm CB Richard Ellis’s first-ever international survey also showed that freight-related property worldwide has recovered to pre-global financial crisis levels.The most expensive industrial logistics property was to be found in Tokyo, followed by [...]
Read Full Post »
Posted in News on Oct 30th, 2010
Centro Properties Group, the Australian shopping-mall owner that ceded control to creditors in 2008, is seeking buyers for more than A$4 billion ($3.9 billion) of assets, said a person with knowledge of the matter. Centro has set a Dec. 25 deadline for indicative bids for more than 40 properties, including the Galleria in Perth and [...]
Read Full Post »
Posted in News on Oct 30th, 2010
Australia’s biggest office landlords are switching off lights and installing more efficient air conditioners ahead of rules demanding reporting of energy use in the nation with the developed world’s second-highest greenhouse gas emissions per person. The largest property managers are ahead of legislation which comes into effect Nov. 1 requiring owners to reveal office buildings’ [...]
Read Full Post »