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.
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.