property development
industry updates
NEW DEVELOPMENTS, DEALS
Deals of the week – 6 July 2020
Allianz has defied speculated market concerns splashing out close to $460 million for a pair of student housing buildings in Melbourne’s CBD; A Melbourne investment group has swooped in to secure a retail and medical centre in Brisbane’s upmarket Ashgrove for $8.88 million; A private investor snapped up a former supermarket site in Subiaco for $15.5 million. JLL sales agents noted that the result represents a significant uplift on book value and was achieved with more than 80 enquiries and multiple bids; plus more
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