Cremorne alone contributing $4b to state economy
The Victorian government has released plans to push the growth of Cremorne as a centre for innovation, technology and related high-skilled jobs.
AXA joins march into fringe office markets with $100m deal
Global investment giant AXA has joined the wave of money pouring into Melbourne’s fringe office markets after striking a deal to acquire MYOB’s new $100 million Melbourne premises in Cremorne being developed by Joe Russo’s Caydon Grou
Bayley Stuart Capital Swoops on $50m Cremorne Office Project
Low vacancy rates and rising demand in Melbourne’s office market has created the perfect environment for the $50 million off-the-plan sale of a Melbourne fringe office building.
Office withdrawals reshaping Melbourne
Office withdrawals for conversion to apartments are driving up rents in Melbourne’s St Kilda Road and Southbank, forcing new commercial development into nearby suburbs such as Richmond and Cremorne, analysis from JLL shows.