Market News

Cbus Property gets nod for $1b Melbourne office tower

Cbus Property can push ahead with developing a new $1 billion office tower in central Melbourne after the Victorian government approved the pared-back 49-storey building on the corner of Bourke and Queen Streets. The 59,000sq m commercial building is one of…

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Five of the biggest real estate deals of 2019

Transaction numbers might have been down in 2019 but the size of real estate deals just kept getting bigger. With institutional investors on the hunt for strong yields (relative to what bonds had to offer) and interest rates at record…

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Funky, flexible and open all hours is the ‘new black’ in office design

The changing nature of work is driving a revolution in workplace design and an Australian-designed co-working space in suburban Auckland is leading the charge. In a time zone not too far away, there’s a five-storey building in which a pet…

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A look at the childcare centres of the future

Award-winning Japanese childcare centre architect Takaharu Tezuka wants to impart a pearl of wisdom to children who play in the buildings he designs: life’s not easy, kids. Mr Tezuka’s design philosophy involves creating “small inconveniences” for children, such as inclined…

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Butter Factory – South Melbourne

Grahame Mapp to re purpose landmark South Melbourne music and movie studio Businessman and racehorse owner Grahame Mapp – who has been on the AFR Rich List since 1984 – is re purposing the landmark studio where rock royalty recorded…

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NEW FACES ON BOARD AT LEMON BAXTER

Lemon Baxter, the South Melbourne based Commercial and Industrial Property Specialists have welcomed three new staff to its Sales and Leasing and Property Management teams. Craig Rowe, Commercial & Industrial Sales Manager Lemon Baxter’s Sales and Leasing Team is excited…

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Demand is soaring for Melbourne warehouses

Lemon Baxter commercial/industrial sales and leasing director Ben Hackworthy said a lack of supply due to residential and commercial development was forcing requirements over 3000 square metres away from the city fringe Read the article.  

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What Gen X, Y and Z look for in an office space

What Gen X, Y and Z look for in an office space and how it can help reduce staff turnover. The latest computer technology, a clean office, and a window with a view – give those things to Gen Z…

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The hidden dangers of urban noise and how to fix them

Is it sound or noise? The answer sometimes depends on your perceptions but noise is now widely regarded as a health issue, not merely an annoyance. One solution is coming from acoustic artists who are dreaming up creative solutions such…

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Billionaire retailer Lew walks away from Chapel Street

First Solly Lew walked out on Melbourne’s Bourke Street mall, now he’s saying goodbye to Chapel Street. In another blow to the once-thriving shopping district, the billionaire rag trader said on Thursday he was closing three stores – Just Jeans,…

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