In this article, we’ll explore why sustainability matters in commercial facilities management and highlight practical strategies commercial property owners in Australia can adopt to improve energy efficiency, reduce waste, and create value through sustainability.
Abacus Property Group has continued the expansion of its burgeoning self-storage portfolio, with the acquisition of a modern facility in the epicentre of Wollongong’s most sought-after industrial precinct.
186-190 Lygon Street, Carlton, a former hotel and now commercial office building has sold for $6.8m, the first and only sale on the iconic strip for 2019. The imposing corner freehold was offered as a blank canvass, appealing to occupiers, investors and developers.
If you’re looking to invest in real estate it is important to understand the current market trends. Here’s a rundown of some of the key market indicators and what they might mean for you.
Growing demand for office space is driving down vacancy rates in CBDs across Australia, with Melbourne and Sydney at decade-lows, according the latest Property Council Australian Office Market Report. Overall, Australian office vacancy fell by 0.7 per cent in the six months to January 2019 to 8.5 per cent.
The first half of the financial year has revealed a number of success stories for our market-leading commercial sales team in the Illawarra with an astounding total of $127,506,000 in sales volume!
Two years after it set a commercial property record, a landmark Wollongong site is now expected to fetch more than $50 million.