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Other Developments
A curated list of other prominent stories from this day.
10:32 PMPropertymarkets News
JLL Strengthens Melbourne Metro Office Leasing Team
Summary
JLL has appointed three experienced leasing professionals to its Victorian Metro Office Leasing platform, taking the team to eight specialists. The expanded group will cover Melbourne's city-fringe and metropolitan office markets.
JLL is increasing its leasing capacity across Melbourne's non-CBD office markets. The move gives the
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Why it matters
More specialist capacity could sharpen competition for Melbourne metro office leasing assignments.
Sydney Student Accommodation Asset Sells for $72.5M
Summary
The Living Co has acquired the Boston University Sydney Academic Centre in Chippendale for $72.5 million in an off-market transaction. The sale reflects growing investor demand for Australian student accommodation.
The deal puts a clear valuation on a strategically located student accommodation asset and signals
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Why it matters
A $72.5 million transaction strengthens the case for student accommodation as one of Australia's more resilient property investment sectors.