AXA joins march into fringe office markets with $100m deal

Global investment giant AXA has joined the wave of money pouring into Melbourne’s fringe office markets after striking a deal to acquire MYOB’s new $100 million Melbourne premises in Cremorne being developed by Joe Russo’s Caydon Group.

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IOOF invests in landmark office for $22.1M

A landmark office building in West Melbourne has sold for $22.1million, reflecting the ongoing demand for well-located commercial assets with strong fundamentals in city-fringe suburbs.

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Bayley Stuart Capital Swoops on $50m Cremorne Office Project

Low vacancy rates and rising demand in Melbourne’s office market has created the perfect environment for the $50 million off-the-plan sale of a Melbourne fringe office building.

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Untenanted building sold off plan for $50m

Melbourne investment firm Bayley Stuart has paid $50 million to buy an office building off the plan in Cremorne, on the city fringe, that is yet to secure a tenant.

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St Kilda Road boulevard office sold for $57.5m

Melbourne-based Bayley Stuart Capital has sold a premium building at 606 St Kilda Road on the leafy boulevard to a Chinese investor for $57.5 million.

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