In Tuesday’s commercial real estate news – we’ll give you a look at the Detroit Commercial Real Estate Summit, Bourke Street Tower selling for nearly $72m, and so much more.
More than 250 of the region’s industry leaders attended the fourth annual Detroit Commercial Real Estate Summit held last week at the Detroit Athletic Club. The event, held by REJournals, featured panels focusing on the multifamily, industrial, retail and office segments. And the tone? Optimistic.
This high-growth software company will invest more than $1.5 million in a downtown office space over the next two years.
The bullish outlook for Melbourne’s office sector has underpinned the sale of a B-grade Bourke Street tower which has transacted for an estimated $72 million.
The number of applications from foreigners to buy Australian homes has plunged, falling nearly two-thirds over a year as new fees, rules and taxes take effect, government data shows.