Leasing Commercial Property Information

Information, insights & news about leasing commercial property.

New lease paves way for VIT’s third Melbourne campus
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New lease paves way for VIT’s third Melbourne campus
A third Victorian Institute of Technology campus will open its doors in Melbourne after the higher education provider snapped up five floors in the heart of the CBD.
Bondi’s Icebergs sold as dining market heats up
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Bondi’s Icebergs sold as dining market heats up
The private O’Brien Group Australia’s purchase of the Icebergs Dining Room and Bar at Bondi Beach from former adman John Singleton for about $15 million will help it grow its leisure empire in Sydney by giving it an exposure to the booming top-end dining market.
Suncorp shines on Adelaide CBD
News
Suncorp shines on Adelaide CBD
Suncorp has snapped up more than 4600sqm of office space in the Adelaide CBD, in what is understood to be the city’s largest leasing deal this year.
Luxury international fashion brands to set up shop in Australia
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Luxury international fashion brands to set up shop in Australia
A new wave of international luxury retailers is looking to set up shop in Australia, eyeing a stable economy and the growth in tourism from Asia.
High St back in vogue as Melbourne retail strips heat up
Leasing
High St back in vogue as Melbourne retail strips heat up
Vacancy rates at popular boutique fashion strip High St in Melbourne’s leafy Armadale have dipped to a new low below 3.5%.
Rental squeeze looms for landlords
News
Rental squeeze looms for landlords
Despite a raft of store closures the major retail landlords are still keeping occupancy levels high and seeing turnover lift, according to new research. 
Struggling Rivers, Millers stores given 20% rent reduction
News
Struggling Rivers, Millers stores given 20% rent reduction
Specialty Fashion Group is believed to have struck a deal with one of its landlords, Scentre Group, after the owner of Australian Westfield-branded shopping malls is said to have agreed to lower the retailer’s rents …
Tightening continues in eastern office markets
News
Tightening continues in eastern office markets
Eastern seaboard office markets continue to strengthen with ­vacancy rates dropping below 5% in the country’s two largest cities, driven by upbeat economic conditions in Melbourne and a withdrawal of office space from the market in Sydney.
Co-working on cards for Collins St’s T&G Building
News
Co-working on cards for Collins St’s T&G Building
A new co-working hub is set to open in Melbourne, with flexible workspace provider Spaces signing a leasing deal with global real estate giant Pembroke across two levels in the T&G Building. 
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