October 2019


Glen Waverley childcare development site sells for $2,350,000

Glen Waverley childcare development site sells for $2,350,000

18 October 2019

A local childcare developer has purchased a 1,130sq m childcare development site from a private vendor for $2,350,000 in burgeoning Glen Waverley as part of the rising demand for childcare developments within Melbourne’s inner and outer suburbs. 

 
 
Prime office building in affluent Hawthorn sells for $8,350,000 amid heated buyer contest

Prime office building in affluent Hawthorn sells for $8,350,000 amid heated buyer contest

17 October 2019

A local family has snapped up a high profile 1,039sq m commercial site in affluent Hawthorn for $8,350,000, following a race to secure a rare and exceptional investment opportunity within one of Melbourne’s most coveted inner suburbs

 
 
Spotlight on Australian real estate debt market sees Savills launch new Capital Advisory division

Spotlight on Australian real estate debt market sees Savills launch new Capital Advisory division

15 October 2019

With the appeal of the Australian real estate market, global yields at all-time lows and regulatory change attracting new domestic and global lenders to enter the market, debt funding is having an increasingly significant role in real estate transactions.

 
 
Stop the press! Rare luxury Sydney CBD site to go to auction

Stop the press! Rare luxury Sydney CBD site to go to auction

14 October 2019

The Sydney CBD luxury fashion precinct continues to be a hot topic globally, following Australia’s record breaking strata sale of 155 King Street to luxe brand Hermes for $100 million, who will use the property as their flagship Sydney store, with neighbours including Dior, Cartier, Chanel, Boss, Tiffany & Co. and Bulgari.

 
 
The rise and rise of branded residences

The rise and rise of branded residences

11 October 2019

First introduced more than a decade ago, branded residences sector has seen phenomenal growth. According to Savills Research, there are now more than 430 branded schemes globally with a combined total of 65,000 units. In the last decade, the number of branded schemes has grown by 195% and is expected to further increase in 2020. Asia Pacific, led by Thailand and Vietnam, currently has the most schemes in planning and under construction.

 
 
Box Hill Motel sells for nearly $2 million over expectations

Box Hill Motel sells for nearly $2 million over expectations

11 October 2019

A Chinese developer has purchased a 4,041 square metre landholding for $5,950,000 in Melbourne’s popular eastern suburb of Burwood.

 
 
Strong leasing take up in Virginia Industrial Estate

Strong leasing take up in Virginia Industrial Estate

06 October 2019

A flurry of leasing activity has been seen at an industrial estate in Virginia, with only three of the total nine buildings remaining available for lease.

 
 
Savills expand Logistics offering with new Supply Chain Hire

Savills expand Logistics offering with new Supply Chain Hire

04 October 2019

Savills Australia continues to expand its Occupier Services offering with a new strategic Supply Chain hire, appointing Bob Quirk as Director, Supply Chain, based in Melbourne. 

 
 
Australia the most investable student accommodation market globally

Australia the most investable student accommodation market globally

03 October 2019

Investment into the Australian student accommodation market has reached record levels in 2019, highlighting a significant shift in maturity and momentum for the sector.

 
 
Local private investor pockets Woolworths Playford

Local private investor pockets Woolworths Playford

03 October 2019

A Woolworths-anchored shopping complex in South Australia, has sold for $21.81 million, highlighting the pent-up demand for retail investment opportunities in suburban precincts.

 
 

Key Contacts

Victoria Buchanan

Victoria Buchanan

Director
Commercial Press Office

Head Office London

+44 (0) 207 409 8940