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 Property primes the pipeline with a $1b sell-off

Cbus Property primes the pipeline with a $1b sell-off

Premium investment yields in Melbourne have tightened below 6 per cent for the first time since the financial crisis as super fund developer Cbus Property moves to secure a $1 billion-plus divestment of two office properties.

August 7, 2014 0 Comments
Deloitte on the move to Bourke Street tower

Deloitte on the move to Bourke Street tower

PROFESSIONAL services firm Deloitte will shift its state headquarters to a 19-level tower at 550 Bourke Street that Cbus Property is building. It is due for completion in October. The move will leave a large hole in Deloitte's current building, QV, in Lonsdale Street, which is owned by private...
July 3, 2009 0 Comments
Desperate businesses renting unbuilt office space

Desperate businesses renting unbuilt office space

IN A sign of the tight Melbourne office rental market, Allens Arthur Robinson has joined the list of Melbourne businesses teeing up new headquarters in a building still under construction.

March 13, 2008 0 Comments
Deloitte on the move to Bourke Street tower

Deloitte on the move to Bourke Street tower

PROFESSIONAL services firm Deloitte will shift its state headquarters to a 19-level tower at 550 Bourke Street that Cbus Property is building. It is due for completion in October.

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.

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.

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