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Search ResultsShowing 1 - 10 of 100+ results for "CBD"
AMP Capital bets on AI
ELIZA BAVIN  |  FRIDAY, 23 OCT 2020
... intelligence company, BrainBox AI. AMP Capital said it will be rolled out across its entire managed real estate portfolio, including CBD office buildings, retail shopping centres and logistics facilities. AMP Capital head of asset technology Daniel Lepore ...
Brisbane Mater acquired for $122.5m
ELIZA BAVIN  |  FRIDAY, 9 OCT 2020
... Mater as a major tenant customer within its growing Social Infrastructure portfolio. "We have invested in this near Brisbane CBD location for a decade having developed the $230 million headquarters for Aurizon at 900 Ann Street, Fortitude Valley and ...
CountPlus member firm makes acquisition
ANNABELLE DICKSON  |  THURSDAY, 1 OCT 2020
... tuck-in acquisition of a separate member firm. Brisbane-based Cooper Reeves has acquired the financial advice services of CBD Wealth Solutions. Key members of CBD Wealth will transition to Cooper Reeves as part of an agreed succession plan and a seamless ...
Rents under covid
BENJAMIN ONG  |  MONDAY, 28 SEP 2020
... Eastern Suburbs, Manly and Leichhardt areas, where rents declined by over 10 per cent in the June quarter while in the Melbourne CBD, rents declined by 13 per cent." They would have fallen by more had it not for government largesse. "Most jurisdictions ...
Chief economist update: Victoria's secret
BENJAMIN ONG  |  MONDAY, 6 JUL 2020
... detention on July 4 as cases of infection hit triple-digits, raising the likelihood that the Melbourne central business district (CBD) would again be shuttered. COVID-19 has made a comeback in Victoria - the state which makes up roughly about 25% of ...
A-REIT winners, losers of the 'new normal'
ALLY SELBY  |  TUESDAY, 9 JUN 2020
... required to allow for social distancing and the elimination of hot desking, she said, predicting a 25% fall in valuation for CBD offices and a 15% fall for metro offices all considered. Increased unemployment and a slow in migration would also negatively ...
Collapse of REITs spells opportunity: SG Hiscock
ALLY SELBY  |  THURSDAY, 28 MAY 2020
... prevailing discount to direct property and in cases below replacement costs," he said. The boutique manager is cautious however on CBD office investments, and is more positive on non-CBD offices thanks to their lower rents, free parking and low rise ...
COVID-19 ushers in the future of work
ALLY SELBY  |  THURSDAY, 14 MAY 2020
... perhaps the real estate assets I'm most interested in looking again at our office assets." There are currently entire CBD buildings that are unoccupied, he said. "Will people need that same allocation of CBD office space in five years time if we ...
Super CIOs defend illiquid assets
ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
... say he would be looking at AustralianSuper's holdings in office buildings after COVID-19. "There's a whole bunch of CBD buildings that are currently unoccupied," he said. "Will people need that same allocation of CBD office space in five years' ...
Liquid and ready: Cbus
ALLY SELBY  |  THURSDAY, 16 APR 2020
... manager Cbus Property partners with the South Australian government to develop a new $300 million building in the heart of the CBD. The office building, located at 83 Pirie Street, will house the South Australian department of planning, transport and ...
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