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Investors are considering deals in Rosehill Central and CBD Sydney as interest rates rise

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JLL along with Colliers were designated solely to sell CBD’s main land tenure at 263 George Street, directly opposite Australian Square, at a time when workers are returning to the city after the global pandemic closes.

JLL Senior Director for Capital Markets NSW James Aroni said Sydney’s CBD core remains the city’s most coveted location for local, interstate and offshore developers and “currently has the lowest vacancy rate in the market at 9.9 per cent and attracts a premium for rent 20 percent compared to other sites.

Colliers National Director Vince Kernahan added that the allowable building is for a 17-story boutique and office building, and “such building perfectly matches the strongest and deepest cohort of leasing demand in Sydney’s CBD, which totally less than 500 square meters.”

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https://www.watoday.com.au/business/companies/investors-eye-550m-logistics-and-office-deals-as-market-hots-up-20220516-p5alsc.html?ref=rss&utm_medium=rss&utm_source=rss_feed

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