Banks purge high street branches as balance sheets bulge
After the banks sold thousands of bank branch freeholds in the 1990s, it comes as a surprise to find there was any property left on their bulging balance sheets.
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After the banks sold thousands of bank branch freeholds in the 1990s, it comes as a surprise to find there was any property left on their bulging balance sheets.
The battle between suburban offices and their hard-city CBD cousins is intensifying amid employees’ ongoing desire to remain working closer to home as part of the now-normal flexible model.
Private equity giant Blackstone has bought on a half share in the Sydney Grosvenor Place tower, giving heart to office property investors that the sector is coming back to life.
Private equity giant Blackstone has bought on a half share in the Sydney Grosvenor Place tower, giving heart to office property investors that the sector is coming back to life.
Private equity giant Blackstone has bought on a half share in the Sydney Grosvenor Place tower, giving heart to office property investors that the sector is coming back to life.