Oct 23 2018
"We believe there are compelling opportunities to provide secured debt funding to the commercial sector with the potential to achieve risk-adjusted returns to investor portfolios", says Kim Kitchen, Director - Marketing & Distribution. "The strong investor interest is as a result of the withdrawal of first-tier banks from the commercial lending landscape over recent years. "CPG is targeting an Investor annual rate of return in the double digits and an approximate 1.1x multiple net of fees over a 21-month term".
Oct 12 2018
In an ongoing low-interest rate environment on savings and with banks withdrawing from property and construction financing, investment groups like Centennial Property Group are seeing value in providing first mortgage funding for property development, recently settling a $48m loan for a mixed-use retail/residential development in Sans Souci, NSW
Apr 14 2018
The changing and competitive retail environment is driving transaction activity for shopping centres, as owners refine their portfolios, adjust their exposure to different states and asset types and seek greater diversification to improve their long-term risk-return profile.
Feb 10 2018
A former Bundoora quarry, marketed as an infill residential redevelopment opportunity, is speculated to be selling for about $70 million.
Teska Carson (9421 7000) is marketing a versatile office/warehouse property with potential development upside at Abbotsford on Melbourne CBDs north-eastern fringe. The property will be auctioned on Wednesday, March 7 at 12pm on site.
Offshore investor interest in Western Australias retail market is expected to intensify in 2018, building on the $48 million worth of assets transacted in 2017.
Teska Carson (9421 7000) is marketing a boutique occupation, investment or development opportunity in the heart of the highly regarded inner eastern suburb of Glen Iris. The property will be auctioned on Thursday, March 1 at 1pm.
Feb 06 2018
The Law Institute of Victoria has finally moved to put its long-held CBD headquarters on the market, some six months after a sales process was first mooted.
Oct 14 2017
AFL footballer-turned-property developer, Fraser Brown, is speculated to be paying more than $70 million for another development site in Melbourne's south-east.
Oct 10 2017
The former City Ford site at 75 Crown Street, Woolloomooloo, is on the market with the private family owners looking to reap about $100 million.
Sep 05 2017
At the heart of Eat Street these new sites are earmarked for 45 storey mixed-use tower, and a commercial and retail offering within a heritage building.
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