Simon Johanson

Simon Johanson

Property Editor at The Age and BusinessDay journalist for Fairfax's theage.com.au, smh.com.au, watoday.com.au and brisbanetimes.com.au.

Property

Rise in suburban office vacancies

commercial properties for lease.

Simon Johanson Office vacancies recorded at highest rate in four years, according to a Knight Frank survey.

Property

Big sports events boost Melbourne five-star hotel occupancy figures

The exterior of the Hotel Sofitel with sign.

Simon Johanson Fans of Chinese tennis star Li Na have boosted the fortunes of Melbourne's best hotels.

Australia Post redirects city address

Australia Post

Simon Johanson Australia Post is set to take six floors in BHP Billiton's former Lonsdale Street headquarters in one of the biggest lease deals so far this year.

Retail

Supermarket chain Aldi expands with planning changes

Aldi.

Simon Johanson Supermarket discounter Aldi has upped the ante in its battle with Coles and Woolworths, taking advantage of changes to Victoria's planning laws to open in previously restricted locations.

Industrial vacancy rates rising

Simon Johanson Industrial vacancy rates have edged up in the past three months and are likely to rise further following closures in Victoria's troubled manufacturing sector, reports suggest.

Investment

Foreign investors' interest likely to fall, says report

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Simon Johanson Foreign investor demand for commercial property may 'gradually unwind' this year.

Property

Rock venue Espy hotel up for sale

The Espy.

Simon Johanson Esplanade Hotel, known as The Espy, is on the market for a speculated $5m or more.

Leasing

Contractions lead to rise in subleasing

Commercial-Property

Simon Johanson Latest round of job lay-offs and contractions is showing up in leasing figures for the Docklands.

Property

Councils becoming landlords to 'future-proof' against rising costs

Handing over keys to new owner.

Simon Johanson Melbourne's local councils snapped up about $54 million of commercial real estate last year.

Retail

Upward trend continues as Chapel Street receives Diesel-powered lift

Diesel.

Simon Johanson A 10-year lease to fashion retailer has been hailed as a turning point for Chapel Street.

AIA Australia moves to new St Kilda Road location

Simon Johanson Life insurance group will lease three refurbished floors but deal is unlikely to dent area's vacancy rate.

Property

Car manufacturing demise opens up new image for industrial sites

Toyota.

Simon Johanson and Marc Pallisco End of Victoria's car industry will spark a slow but seismic shift for some industrial property markets and impact on values, agents say.

Property

Melbourne suburban shopping strips rising from gloom

The Chapel Street shopping precinct.

Simon Johanson Shift to inner-city living, rising consumer confidence boosts besieged suburban shopping streets.

Werribee Plaza set for $370 million makeover

Werribee Plaza.

Simon Johanson Werribee Plaza is to get makeover that will add 35,000 square metres to the shopping centre, and get a new name.

Docklands heads in new direction at Collins Street

melbourne

Simon Johanson The much-maligned Docklands precinct has turned a corner. Literally.

Fences top cause of neighbours' rows brought before Dispute Settlement Centre of Victoria

PICKET FENCE

Simon Johanson Love thy neighbour, preaches the Bible. But in cases where that isn't possible for Melburnians, the state attorney-general is making it easier for them to resolve differences.

Salvation Army selling Parkville training college ahead of move to Ringwood

Salvation Army's 11 storey Parkville training college at 303-305 Royal Parade.

Simon Johanson The Salvation Army has put its 11-storey Parkville training college on the market ahead of its move to a new location in Ringwood this year.

Red tape reforms blindside commercial property industry

Simon Johanson Commercial property professionals will no longer be required to hold a real estate agent's licence for large property transactions under Victorian government reforms.

Waterside blocks at Paynesville and Metung attract strong interest

Simon Johanson Mortgagee fire sale of property in Metung and Paynesville may spark a local building boom, according to agents.

Property

Melbourne vacancies soar and rents fall as new apartments stay empty

Apartments.

Simon Johanson Melbourne’s vacancy rates are soaring as a surge in inner-city development adds thousands of apartments to the rental market.