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CGA Bryson to Sell Camberwell Development Site

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LOCAL developer CGA Bryson is selling a prominent Camberwell development site it bought just 15 months ago. Opposite the City of Boroondara council offices, and the Camberwell Civic Centre, the 4383 square metre site at 347 Camberwell Road (aerial shot of site, pictured, right) is being offered with a permit to develop an 8277 square metre office building. Commercial office rents in Camberwell are amongst the most expensive in suburban Melbourne, achieving more than $300 per square metre, per annum in some cases. [...]

Upmarket Furniture Retailer Quits Collins Street’s Georges Building

Upmarket furniture and homeware retailer Radstock + Kendall will vacate its prominent retail space at the Georges building at 162 Collins Street, and lease about 250 square metres at the ground floor of Valad’s 575 Bourke Street office tower. Knight Frank retail leasing director Gary Loo said the retailer is following office workers and city shoppers which are increasingly commuting around the western edge of the CBD. He said interstate travelers accessing the CBD from Southern Cross station was another factor driving tenant interest in the area. [...]

Upmarket Furniture Retailer Quits Collins Street’s Georges Building

Upmarket furniture and homeware retailer Radstock + Kendall will vacate its prominent retail space at the Georges building at 162 Collins Street, and lease about 250 square metres at the ground floor of Valad’s 575 Bourke Street office tower. Knight Frank retail leasing director Gary Loo said the retailer is following office workers and city shoppers which are increasingly commuting around the western edge of the CBD. He said interstate travelers accessing the CBD from Southern Cross station was another factor driving tenant interest in the area. [...]

Sydney Cbd Office Market

The Sydney CBD commercial office market will be the prominent player in 2008. A rise in leasing activity is likely to take place with businesses re-examining the selection of purchasing as the costs of borrowing drain the bottom line. Strong tenant demand underpins a new round of construction with several new speculative buildings now likely to [...]