Group Colleges Australia (GCA) has started a second campus in the Sydney CBD office at the newly leased 1618sq m space on levels 10 and 11 at 233 Castlereagh Street in the Sydney CBD. The GCA will pay a gross annual rent of $495 a square metre over five years for this A-Grade Sydney CBD […]
Big Deal For Wollongong
In what is possibly the largest office leasing deal ever for the city of Wollongong, NSW State Emergency Services (SES) have just committed to a long term lease of close to 5,700m2. The stand alone building, locally referred to as the ex Tax Office, will be substantially upgraded and refurbished to ‘A’ grade equivalent standard. […]
MMJ Real Estate announces new Melbourne office as it continues the expansion of its national commercial network.
MMJ Real Estate has announced the opening of a key CBD commercial office in Melbourne, bolstering the company’s rapidly expanding national network. The addition of the Melbourne office completes MMJ’s east coast offering, with its commercial platform now comprising of six offices in Sydney, Melbourne, Brisbane, Perth, Canberra and Wollongong. MMJ Real Estate Chief Executive, […]
MMJ Real Estate | CityBeat, March 2015
Are you interested in a monthly review of economic market indicators & key sales and leasing transactions across Australia? If so, than MMJ Real Estate’s new publication CityBeat is for you. Click on the below to take a look at the very first edition –
Good quality stock continues to prove popular despite rising vacancy rates in most states.
The commercial property industry has, in the main, greeted the release of the latest Property Council of Australia Office Market Report with cautious optimism according to Chris Johnson CEO MMJ Real Estate. Whilst the overall vacancy rate across all Australian commercial locations showed a modest increase to 10.6%, compared with 10.4% at the start […]
Office Tenant Sentiment Positive, Despite Tough Times
The Property Council of Australia surveyed office tenants across a broad range of businesses to understand the sentiments of tenants regarding their current office spaces and the office leasing market more generally. Tenant sentiment about the office market was positive, though respondents recognised that there were difficulties in the market. Property Council Executive Director Joe […]