A-grade Commercial Property Insights

Commercial property sales in Australia fell nearly 60% in the first quarter of the year after a stampede to buy assets caused a shortage of stock across the Asia-Pacific region, according to ­researcher Real Capital Analytics. This article originally appeared on theaustralian.com.au/property.

National Australia Bank will move its offices sprinkled around the Melbourne CBD into a new $800 million office building being developed by Canadian giant Brookfield Property Partners. This article originally appeared on theaustralian.com.au/property.

Melbourne’s office market is leading a nationwide surge amid the race for CBD space.

Demand for sky high office space is through the roof with the cost of securing a spot inside Australia’s tallest buildings bucking global trends.

The tight Melbourne office market is set to get another 28-storey block, after Victorian Planning Minister Richard Wynne approved a second commercial tower for Lendlease’s $2.5 billion Melbourne Quarter project. This article originally appeared on theaustralian.com.au/property.

ANZ has been confirmed as the anchor tenant at LendLease’s new office tower at 839 Collins St, alongside the bank’s existing Docklands headquarters. In a deal confirmed on Monday, the bank will lease 26,500sqm of the …

GPT Group is weighing a play to take full control of the $1.2 billion MLC Centre in the heart of Sydney after nearly completing a dramatic revamp of the historic tower. This article originally appeared on theaustralian.com.au/property.

Industrial real estate and funds specialist Propertylink Group has snapped up an industrial complex leased to online fashion retailer The Iconic, in a $46.6 million play.

Australia’s eastern seaboard metro office markets are seeing increasing levels of investment as buyers find themselves priced out of the CBD or chasing juicier yields.