Vol 11. No.245

Thursday 23 December 2010
 

Landsburys Independent Accreditation Reports

Economic Overview


 Current +/- Movement
$AUS/$US 99.73 +0.11
Cash Rate 4.75 Steady  
90 Day Bill 4.98 Steady
10 Year Bond 5.610 +0.035
ASX 200 477.6 +6.5


New South Wales Property

AMP acquires Park Street building (AFR Pg. 19)
  • AMP Capital Investors has acquired 50 Park Street in Sydney for about $15 million to expand the Consolidated Press building site it bought last year.
  • The refurbished 12-level property was bought for AMP’s Select property Portfolio No 3 Fund.

Victoria Property

Sunsuper buys Collins Street office tower (AFR Pg. 19)
  • Sunsuper has acquired a 17-level office tower located at 330 Collins Street in Melbourne from the Challenger Hybrid Property Fund.
  • The deal reflected a yield of about 8%.

Sources: As above
Disclaimer: All representations and information contained herein are made in good faith. The Information in this report contains material from other sources. Landsburys Property Pty Ltd has not checked those sources and accepts no responsibility for the accuracy for that information. The information contained in this communication is strictly confidential and intended solely for the use of the recipient/s. If you are not the intended recipient of this information, please delete and notify Landsburys Property Pty Ltd. Intended recipients should not copy or distribute this material without the authority of Landsburys Property Pty Ltd.

Previous Daily Wrap's

 

Research & Advisory

  • Market Demand Studies
  • Highest & Best Use Studies
  • Development Feasibilities
  • Tender Support
  • Product Analysis
  • Distressed Property Evaluations
  • Valuation Evidence Packs
  • Demographic Studies

Valuations

  • First Mortgage Valuations
  • GST Valuations
  • Unit Entitlements
  • Acquisitions
  • Land Tax & Rating
  • Evidence of Value
  • Internal Reporting
  • Stamp Duty