Investment grade office cap rates nudge closer to 7pc

REAL ESTATE INVESTMENT TRUSTS & FUNDS

WHILE the commercial real estate market is approaching what many consider to a turning point, downwards valuations of assets continue to wash through the sector and...

Cromwell Property Group’s draft valuations have shown a decrease of $99 million or 4.5% on prior valuations over the six months to the end of December...

Cromwell recently secured 20,000 sqm of lease renewal agreements following ESG upgrades at its 545 Wickham Terrace office property in Brisbane’s sought-after CBD fringe suburb of...

Its assets also include 207 Kent Street in Sydney, the Qantas headquarters in Mascot, 700 Collins Street in Melbourne, and 400 George Street in Brisbane...

Australia’s biggest owner of office towers, Dexus, is calling the bottom for values and vacancies in the battered office sector, as a clearer picture of companies’ workspace...

Cromwell’s revaluations follow a 5.0% fall in values for the six months to the end of June, when some $115.5 million was wiped off the value of...

The group in 2024 exited its troubled European operations, selling its remaining fund management platform and interests in the continent, including the...

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