Assets
Brisbane CBD Office Market Becoming Red Hot
Brisbane’s office market has emerged as one of the hottest destinations in the country, with another major deal on the cusp of being struck.
Read MoreAustralian High-Rise Infill Project Melds Two Obsolete Brisbane Office Towers Together As One
Midtown Centre, an elegant, glass-encased new 26-office tower, recently topped out in Brisbane, Australia’s central business district. And with the exception of those intimate with the area, most passersby might never realize that the single building was, not long ago, a pair of outdated, 1970s-era governmental high-rises that have been fused together in what’s been described as a first-of-it’s kind project for Australia.
Read MoreAsheMorgan Completes the Acquisition of The Complex, a Cluster of Three Buildings in the Brisbane CBD
AsheMorgan completes its acquisition of The Complex, a cluster of three buildings in the Brisbane CBD, for $425 million on a yield of 6.4 per cent – the second largest deal of the year.
Read MoreAustralianSuper’s Giant Step into Non-Bank Lending
AustralianSuper has taken one of the largest steps to date into the growing gap left by Australia’s big four banks, with investment manager MaxCap arranging a $360 million deal for the local super fund to develop Brisbane’s new home for mining giant Rio Tinto.
Read MoreRio Tinto Pre-Commit to the Midtown Centre
Rio Tinto has selected the Midtown Centre to be their new Global Innovation Hub. Rio Tinto will occupy circa. 20,000sqm of the building and will take occupation in mid 2021.
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