Mirvac says Melbourne office market is stabilising
The engineering consultancy has taken 3500 square metres and the coworking space provider 3600 square metres, together accounting for 16 per cent of the 44,500-square-metre building developed and half-owned by ASX-listed Mirvac and half-owned by Japanese developer Daibiru.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

AU Financial Review
8 minutes ago
- AU Financial Review
White's prolonged shadow makes WiseTech succession an inside job
Welcome to the big leagues Zubin Appoo, a 44-year-old tech executive from Sydney's Hollywood Hills district, who's made one of the biggest career leaps ever seen on the ASX. At the start of the year, Appoo was running the United Church's online marketplace Find a Carer – a website that connects older Australians or those with disabilities, with just $155,000 in issued capital and a few dozen staff (tops).

AU Financial Review
38 minutes ago
- AU Financial Review
Stockland to build $3.5b logistics hub on Kogarah Golf Club site
Stockland will develop a $3.5 billion multistorey logistics hub on the site of Kogarah Golf Club in Sydney's southern suburbs, servicing the transport of goods in and out of Sydney Airport and nearby Port Botany. ASX-listed Stockland, which is increasing capital deployment into residential and industrial property as it winds back on retail and retirement living, has entered into a joint venture with John Boyd Properties, the owner of the 18.3-hectare site, to develop the 340,000-square-metre facility.

Sky News AU
2 hours ago
- Sky News AU
ASX 200 jumps on Monday after United States, European Union strike deal for 15 per cent tariffs
The ASX has surged on Monday, beginning a major week in the green after the United States and the European Union struck a tariff deal. The index has jumped 0.3 per cent in the first 40 minutes of trading after finishing last week down 0.1 per cent. Helloworld Travel has soared almost 13 per cent after upgrading its earnings guidance while Newmont Corporation is up 4.5 per cent and Bellevue Gold has added 4.1 per cent. Uranium miner Boss Energy is down more than 36 per cent after warning it faces challenges at its Honeymoon project in South Australia. Meanwhile, Donald Trump and European Commission President Ursula von der Leyen revealed 15 per cent import tariffs on most EU goods amid efforts to avoid a costly trade war. The announcement comes during US President Donald Trump's visit to Scotland, where European Commission President Ursula von der Leyen met with Trump at his golf club on Sunday, local time. "I think this is the biggest deal ever made," Trump told reports following the meeting between the pair, while Ms von der Leyen said the tariff applied "across the board". "We have a trade deal between the two largest economies in the world, and it's a big deal. It's a huge deal. It will bring stability. It will bring predictability," she said. Investors await the quarterly inflation figures due on Wednesday that are crucial to the Reserve Bank of Australia's next cash rate call. Mortgage holders could see financial relief if trimmed mean inflation sinks as money markets forecasting the rate to fall from 2.9 per cent to 2.7 per cent. Wall Street was up on Friday with the Nasdaq adding 0.2 per cent, the S&P 500 jumping 0.4 per cent and the Dow Jones rising 0.5 per cent. London's FTSE 250 fell 0.2 per cent while both Germany's DAX and the STOXX Europe 600 sank 0.3 per cent on Friday. New Zealand's NZX 50 Index has risen half a per cent while Japan's Nikkei 225 has slumped 0.4 per cent. -With Reuters