Tuesday, 6 September 2016

New South Wales

Sydney Office Lease Wrap (www.smh.com.au)

• NRS Media has leased a 520m² office space for 3 years at 15 Help Street, Chatswood for $500/m² gross p.a.

• Aquion Pty Ltd has leased a 296m² office space for 4 years at 80 Clarence Street, Sydney for $650/m² p.a.

Sydney Industrial Lease Wrap (www.smh.com.au)

• Apex Air Conditioning has leased a 224m² warehouse for 2 years at 13-15 Burrows Road, St Peters for $255/m² gross p.a.

• Apex Transport Pty Ltd has leased a 2,487m² warehouse occupying a 12,000m² site area for 3 years at 202-214 Milperra Road, Revesby for $35/m² of land area Gross.

• PTC has leased a 2,560m² industrial site for 5 years at 106 Derby Street, Silverwater for $110/m² net p.a.

Kensington Retail Space Leased (www.smh.com.au)

• F45 Kensington has leased a 218m² retail space for 3 years at 112 Anzac Parade, Kensington for $321/m² net p.a.

Parramatta Office Building Sold (www.theaustralian.com.au)

• Eureka has acquired the A-grade office building at 18 Smith Street, Parramatta for $85 million ($7,092/m² NLA), reflecting a yield of 6.8%.

• The building comprises 11,984m² of NLA and has 100% occupancy.

Epping Project Approval (www.theaustralian.com.au)

• Greaton has obtained approval for the Oxford Central project at 30-42 Oxford Street, Epping.

• The project comprises 254 apartments across two 17-level towers with 625m² of ground level retail.

• Construction is expected to commence in January 2017.

Sydney Office Building Sold (www.theaustralian.com.au)

• The Bank of China has acquired the 14-level B-grade office building at 140 Sussex Street, Sydney for $130 million ($10,450/m² of NLA).

• The building comprises 12,440m² of NLA.

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