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Other Developments
A curated list of other prominent stories from this day.
9:03 PMPropertymarkets News
Two Adjacent Blocks Sell for $25M
Summary
Brisbane private investor Steve Urquhart has bought two adjoining blocks for $25 million in Northshore Hamilton, a Queensland Government Priority Development Area.
The purchase increases Urquhart's control of developable land within one of Brisbane's major urban renewal
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Why it matters
Consolidated ownership could accelerate development and reshape the next phase of Northshore Hamilton.
Growthpoint Achieves Record Office Leasing and FY26 FFO Near Top of Guidance Range
Summary
Growthpoint Properties Australia reported record office leasing for the year ended 30 June 2026, with funds from operations per security tracking near the top of its guidance range.
Record leasing shows that tenant demand and occupancy performance have strengthened despite the broader pressure
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Why it matters
The result provides fresh evidence that well-positioned office assets are stabilising even as the sector remains financially exposed.