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New York’s Fifth Avenue Crowned World’s Most Expensive Shopping Street
New York’s Fifth Avenue has reclaimed its position as the world’s most expensive retail street, with average rents of USD2,000 per square foot (sq ft) per year (€21,076/sq m/yr) according to a new global ranking from real estate services firm Cushman & Wakefield.
Jess Freeman • 12/12/2022
Sydney’s iconic Castlereagh Club to hit the market
Sydney’s iconic The Castlereagh Club, home to the City Tattersalls Group is set to hit the market. 14 November 2022, underpinned by its valuable triple net lease and long WALE with guaranteed rental growth, already capturing the interest of a number of local and offshore investors.
Jess Freeman • 12/12/2022
5 Steps to Climate Positive Real Estate
Cushman & Wakefield, a leading global real estate services firm, today released its 5 steps to climate positive real estate report at the China International Import Expo (CIIE) in Shanghai.
Jess Freeman • 09/12/2022
Cushman & Wakefield Launches Global ‘Life Is What We Make It’ Campaign
Cushman & Wakefield (CWK), a global leader in commercial real estate services, today launched ‘Life Is What We Make It’ – a view into the firm’s impact on people, communities and the planet through its work with clients in 60 countries.
Jess Freeman • 06/12/2022
Guy Bennett to lead Cushman & Wakefield in South Australia
Guy Bennett, industry stalwart and capital markets expert, has joined Cushman & Wakefield to lead the South Australia team as Managing Director and Head of Capital Markets - South Australia.
Jess Freeman • 04/10/2022
East Coast competition fierce for assets in Brisbane business precinct
A Melbourne based investor has snapped up a 1,479sqm* corporate office/warehouse ideally located in Metroplex on Gateway, one of Brisbane’s most desired business locations for $4.15 million which reflects a 4.85% yield.
Jess Freeman • 10/08/2022
PCA Office Vacancy Market Commentary - Tenants unite in Flight to Quality Quest
Tim Molchanoff, Cushman & Wakefield’s Head of Office Leasing - Australia & New Zealand said nationally leasing demand in the core markets has remained solid in H1 2022, despite higher interest rates, inflation, and geo-political tensions.
Jess Freeman • 04/08/2022
HUB secure Amobee in Paris end of Collins Street
Amobee has leased a 60 sqm office on level 3 at 162 Collins Street, Melbourne, from HUB paying $960 rate per sqm gross under a 12 month lease.
Jess Freeman • 08/04/2022
Striking Melbourne CBD views for Caleb and Brown in new Cremorne office
Caleb and Brown has leased a 700sqm office on Level 3, 2-6 Gwynne Street, Cremorne, Melbourne from Roche Holdings paying $750 per sqm gross under a four-year lease.
Jess Freeman • 08/04/2022