GPT Group purchases CBW complex

GPT Group purchases CBW complex

GPT Group, backed by its wholesale office fund, has bought the CBW complex for $608.1 million, in one of the largest transactions in the Melbourne market for years.

September 4, 2014 0 Comments
Big-spending foreigners stoke CBD competition

Big-spending foreigners stoke CBD competition

Foreign investors, keen to park their money in a safe haven, accounted for 42 per cent of the $1.5 billion spent on Melbourne office buildings in the past financial year.

August 27, 2014 0 Comments
$1bn Cbus towers close to sale

$1bn Cbus towers close to sale

One of the biggest direct commercial property sales in Australia’s history is underway with GPT and its unlisted stablemate GPT Wholesale Office Fund, and AMP Capital snaring preferred bidder status on $1 billion-plus Cbus Property ­tower offerings.
August 7, 2014 0 Comments
Cbus swaps towering plan for hotel to offices as CBD competition takes hold

Cbus swaps towering plan for hotel to offices as CBD competition takes hold

CBUS Property has dumped plans for a hotel at its $480 million tower on the corner of Bourke and William streets, amid increased competition in the CBD hotel market.

November 1, 2006 0 Comments
Hotel swapped for offices

Hotel swapped for offices

Cbus Property has scrapped a planned hotel at its major commercial development at the western end of Melbourne's central business district and will replace it with office space.

November 1, 2006 0 Comments
Cbus Property receives planning approval to construct second office tower on “CBW” site

Cbus Property receives planning approval to construct second office tower on “CBW” site

Cbus Property has received an amendment to the existing Town Planning Approval enabling the second tower at the mixed use development on Bourke and William Street to be used entirely for office accommodation. 

October 31, 2006 0 Comments
Cbus Property to proceed with second commercial tower at CBW Development

Cbus Property to proceed with second commercial tower at CBW Development

Cbus Property has confirmed it will begin construction on the second commercial tower at its CBW development demonstrating a high level of confidence in Melbourne’s commercial property market.

Cbus swaps towering plan for hotel to offices as CBD competition takes hold

Cbus swaps towering plan for hotel to offices as CBD competition takes hold

CBUS Property has dumped plans for a hotel at its $480 million tower on the corner of Bourke and William streets, amid increased competition in the CBD hotel market.

Cbus gets going on Bourke St

Cbus gets going on Bourke St

Joining a growing list of zealous CBD office developers, superannuation giant Cbus will push ahead with a new Bourke St tower.

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