Monday, 6 March 2017

New South Wales

Sydney Auction Clearance Rates (www.domain.com.au)

• Sydney recorded an auction clearance rate of 78% over the weekend with 696 properties listed.

North Sydney Office Lease (www.afr.com)

• Nine Entertainment Co. has pre-committed to lease 15,500m² of office space across 9 floors for 12 years at 1 Denison Street, North Sydney.

• The mixed use building comprising 60,000m² of office space is due for completion in 2020.

Victoria

Melbourne Auction Clearance Rates (www.domain.com.au)

• Melbourne recorded an auction clearance rate of 81% over the weekend with 1,183 properties listed.

Melbourne Retail Lease Wrap (www.smh.com)

• The Commonwealth Bank has leased 220m² of retail space for 7 years at 260 Flinders Street, Melbourne for $1,900/m² net p.a.

#SydneyAuctionClearanceRates #NorthSydneyOfficeLease #MelbourneAuctionClearanceRates #MelbourneRetailLeaseWrap