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Office

This Month

A render of developer Sterling Global’s plans for 623 Collins, a 41-storey mixed-use tower with retail, office, a hotel and 320 apartments on the corner of central Melbourne’s Collins and Spencer Streets. 

Developer plans $590m tower on site formerly owned by Bruce Mathieson

The national pick-up in housing development has boosted Sterling Global’s Collins Street project. But after one false start, it will have to reassure buyers.

Sydney’s 55-storey timber Halo tower back on track

The involvement of Cbus Property in the ambitious project secures the future for one of city’s most high-profile but challenged developments.  

Charter Hall chief executive Carmel Hourigan: “It’s getting increasingly harder to actually build new stock, particularly of prime quality.”

The next property crisis is coming. And it’s not just about housing

The supply shortages across retail, office and industrial property are good for investors, but will ultimately cost the economy.

Campbell Hanan, Group CEO & MD, Mirvac.

Game for fund managers is now global, says Mirvac CEO

Campbell Hanan, who won a major fund mandate stoush three years ago says “disgruntled” investors are no longer accepting poor performance from their manager.

Reimagining the relationship between managers, employees and space is what will get staff back to the office, said Despina Katsikakis.

Want your staff back at their desks? Maybe make the office less boring

Cushman & Wakefield’s Despina Katsikakis has spent years thinking about the perfect workplace. She says mandating a return to the office will just not work.

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David Harrison says investor FOMO is returning.

This $85b property veteran has three ‘high conviction’ bets this year

Falling interest rates are tempting investors back into property. But they’ll need to be picky this time around, as Charter Hall’s David Harrison explains.

August

A renders of Mirvac’s $2.3b Harbourside mixed-used development in Sydney’s Darling Harbour, in which Mitsubishi Estate has just taken a half stake.

Mitsubishi Estate buys half of Mirvac’s $2.3b Harbourside project

The Tokyo-listed company is a leading source of capital as Australia’s big four banks step back from commercial real estate lending.

The RBA has received approval to remove the asbestos from its head office.

RBA’s troubled $1.2b renovation approved to gut asbestos-ridden HQ

The Reserve Bank of Australia’s governance board could still walk away from the project should further cost blowouts make it more economic to sell the site.

The open plan offices, with subtle sand hues, have a distinctly relaxed feel.

How AI will cut staff and reshape offices

Design firm Hassell’s latest global survey shows how the uptake of artificial intelligence will have a significant effect on workplace design and space needs.

Charter Hall’s David Harrison is feeling upbeat about where the sector heads next.

The ‘pressure cooker’ set to push property values higher

The message from Australia’s listed property giants is clear: confidence is building thanks to falling rates, limited supply and a shift in investor thinking.

Stockland chief executive Tarun Gupta says the company expects expect strong earnings growth in FY26.

Stockland earnings more than double as residential sales jump

In a recovering property market, the ASX-listed developer’s purchase of 12 housing estates from rival Lendlease is proving well-timed.

The cost of renovating the RBA’s asbestos-ridden head office in Martin Place has risen to $1.2 billion

Reno from hell: RBA’s $260m makeover blows out to $1.2b

The newly installed governance board met on Monday to consider selling the historic building in Martin Place and walking away from the troubled project.

Marquette bulks up in Brisbane CBD as Olympics move closer

Local investment house Marquette is expanding its portfolio of office blocks in the Brisbane CBD as the city prepares for the 2032 Olympics.

Lendlease CEO Tony Lombardo.

Lendlease’s Lombardo fights back against Mirvac’s funds raid

The once-venerable Australian company is in a fight to show investors its turnaround success, but also to retain management of key wholesale funds.

Stockland CEO Tarun Gupta.

Stockland, Mirvac push for tax reform to boost new home building

The prime minister has ruled out tax changes before the next election, but large companies delivering much-needed housing projects say reform is crucial.

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Lendlease boss Tony Lombardo (left) is trying to hose down attempts from disgruntled investors in the $10 billion Australian Prime Property Fund, which want to replace it with ASX-listed rival, the Campbell Hanan-led Mirvac, as the manager.

Showtime for investors wanting to kick out Lendlease at $2b fund

It’s the first leg of Mirvac’s three-part assault on the rivals lucrative management rights over a $10 billion fund that owns Sydney’s Salesforce Tower.

Predicting an improvement this year: Mirvac CEO Campbell Hanan on Friday.

Mirvac promises improvement as residential earnings fall 16pc

The first of the large listed developers and landlords to report full-year earnings says conditions are already improving as housing picks up.

Turning empty offices into new homes isn’t as simple as it sounds.

The 10-million-square-metre question hanging over the office market

Hopes of turning obsolete office buildings into new homes – solving two problems in one stroke – haven’t worked out so far. There are reasons for that.

A render of CDC’s planned 200MW data centre in Maddington, outside Perth.

AUKUS prompts data centre operator to plan $415m Perth project

The Canberra-based company plans to spend an initial $415 million to build its first facility in WA as defence and security needs increase.

Supply is being added to the CBD markets faster than it can be taken up.

‘Tenant’s playground’: office vacancy at 30-year high

The vacancy rate across the office market has edged higher in the past six months. That’s good news for tenants, although there’s a race for space at the top.

Original URL: https://www.afr.com/topic/office-property-hqb