Monash University has bought a site opposite its Clayton campus from Telstra for about $30 million and acquired a CSIRO building next to its Parkville campus.
Bunnings hardware sites hit the market theage.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theage.com.au Daily Mail and Mail on Sunday newspapers.
Recent deals such as a Chinese investor’s acquisition of a shopping centre in Melbourne show a more discerning, sophisticated base across the region. Asian capital is also a powerful force on the global stage, and the region’s investment markets are providing a solid basis for confidence.
Australia’s three-year electoral cycle means the Australian Electoral Commission can only sign up to three-year leases, and that relatively short lease term can chip away at a property’s value.