Commercial & General today announced an agreement has been made with Cbus Property to acquire its interests in the 50 Flinders Street Office tower project in Adelaide as part of the development of the precinct.
Singapore-listed Keppel REIT has gained a 50 per cent investment in the $320 million Ernst & Young tower in Melbourne, through a deal with fund manager Colonial First State, which has a call option on the stake.
The Country Fire Authority will open its southern metropolitan headquarters and emergency management complex in a new $16 million office project in Dandenong South. Construction is under way on the four-storey, 4500-square-metre office building inside Cbus Property's Estate One office and retail park at the corner of the Princes Highway and South Gippsland Freeway.
Hong Kong's Central district has topped the list as the most expensive office market in the world, outpacing the equivalent districts in the US, Europe and Australia.
National Australia Bank’s new 16-storey office complex in Melbourne’s Docklands includes the latest designs intended to cut costs, boost productivity and encourage closer cooperation between employees.