Banks Commercial Property News

Commercial property news & insights about banks.

Dexus, CPP bank on $200m for ANZ House sale
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Dexus, CPP bank on $200m for ANZ House sale
Property group Dexus and office partner CPP Investment Board have put Adelaide’s ANZ House on the block with expectations of reaping about $200 million.
NAB eyes off Collins Square presence
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NAB eyes off Collins Square presence
National Australia Bank is considering taking space at Lang Walker’s $2.5 billion Collins Square project in Melbourne as it shakes up its office holdings in the city. This article originally appeared on theaustralian.com.au/property.
Bank of China sets up Sydney fortress
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Bank of China sets up Sydney fortress
The Bank of China has stamped its authority on Sydney, buying a $130 million office building for its new headquarters, as mainland financial institutions expand their footprints down under. This article originally appeared on theaustralian.com.au.
ANZ weighs up Gothic tower sale
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ANZ weighs up Gothic tower sale
ANZ is moving to bring its Gothic-style tower on Melbourne’s Queen St to market, a move that could see it reap around $250 million for the building. This article originally appeared on theaustralian.com.au/property.
Commonwealth Bank seals deal with tech park
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Commonwealth Bank seals deal with tech park
The Commonwealth Bank will become the anchor tenant at Sydney’s redeveloped Australian Technology Park after the site’s $263m sale.
Investors hot and cold on petrol stations
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Investors hot and cold on petrol stations
Petrol stations will continue to be keenly sought after among investors, new research says, despite mixed auction results.
$17.5m Bay Central sale boosts Hervey Bay market
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$17.5m Bay Central sale boosts Hervey Bay market
A Melbourne-based private investor has bought Hervey Bay’s Bay Central Shopping Centre for $17.5 million.
Is the business case for green buildings more than hot air?
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Is the business case for green buildings more than hot air?
With the release of the IPCC report this week, there’s bound to be yet more debate about the environment, global temperatures and sustainability. Paul Thornhill investigates whether building green pays off.
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