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Epping development site sold to Genesis Property $9.1m by CBRE

Prominent real estate developer, Genesis Property, has snapped up a 1.63ha infill development site in Epping’s urban renewal precinct, located in Melbourne’s northern suburbs, for $9.1 million. CBRE Jake George, Daniel Eramo, Nathan Mufale and David Minty negotiated the transaction on behalf of a private client.

National Queensland (Qld)

Properties

Sunshine Coast Council Maroochydore development site for sale by CBRE

A major 2 ha Sunshine Coast development site for sale adjacent to the Sunshine Plaza regional shopping centre and close to the emerging Maroochydore city centre is being marketed by CBRE Sunshine Coast Managing Director Rem Rafter, along with colleague Brendan Robins.

New South Wales (NSW)Sydney

Properties

One of the last Macquarie Park Development sites for sale by Knight Frank

One of the last remaining raw development sites within Macquarie Park, a substantial 2,780sqm*, freehold development site for sale via an Expressions of Interest campaign run by Cameron Fitzgerald, Grant Bulpett and Dominic Ong of Knight Frank on behalf of the vendor, Transport for NSW.

News Roundup

https://www.therealestateconversation.com.au/news/2020/04/29/how-much-the-banks-generosity-costing-you/1588121720

How much is the Bank’s generosity costing you?

REINSW CEO Tim McKibbin questions who really is footing the bill when it comes to banks, landlords and tenants.

The Real Estate Conversation

https://www.thehotelconversation.com.au/news/2020/04/23/hotel-investors-still-lookout-amid-covid-19-cbre-survey/1587567615

Hotel investors still on the lookout amid COVID-19 - CBRE Survey

The Australian hotel industry remains cautiously optimistic about medium-term investor appetite amid the COVID-19 pandemic, according to CBRE Research’s latest Hotel Market Survey.

The Hotel Conversation

https://www.thehotelconversation.com.au/news/2020/04/29/strategies-protect-profit-through-covid-19/1588142204

Strategies to protect profit through COVID-19

IDeaS Revenue Solutions Asia Pacific Vice President Rachel Grier outlines the key levers that hoteliers need to consider in order to protect revenue and profits during the downturn.

The Hotel Conversation

https://www.retalkasia.com/news/2020/04/24/economic-impact-covid-19-weighing-heavily-singapore-cbre-survey/1587701778

Economic impact of COVID-19 'weighing heavily' on Singapore - CBRE Survey

CBRE has released the results of the Asia Pacific Occupier Flash Survey, showing the COVID-19 pandemic has had a significant impact on business sentiment in Singapore.

RETalk Asia

https://www.theaseandeveloper.com/news/2020/04/30/its-important-be-conscious-timelines-how-developers-are-adapting-covid-19/1588210194

'It's important to be conscious of timelines': How developers are adapting to Covid-19

Dan Holden, founder of commercial brokerage firm HoldenCAPITAL, outlines where the challenges lie for Australia's developers moving forward.

The ASEAN Developer

https://www.commo.com.au/news/2020/01/09/australian-commercial-market-will-continue-attract-foreign-capital-2020-says-savills

Australian commercial market will continue to attract foreign capital in 2020, says Savills

Savills Australia and New Zealand CEO Paul Craig has outlined the trends set to shape Australia's commercial sector this year.

COMMO