Sunday, July 5, 2026

Summary

Dexus has opened 41 George Street in Brisbane CBD after converting an office tower into purpose-built student accommodation. The project is described as the largest office-to-student conversion in Australia and the largest single-building PBSA in Brisbane.

Why it matters

It signals a scalable exit path for challenged office buildings and a new source of housing supply that competes directly with the private rental market.

Summary

A heritage mixed-use complex in the Ipswich CBD dating to 1897 sold for $13.015 million after a competitive sales campaign run by Knight Frank.

Why it matters

The sale resets local comp expectations and tests how far demand for income-producing mixed-use assets has spread into growth corridors like Ipswich.

Summary

Mulpha’s Lacebark apartment building in Norwest won the AIA NSW Award for Excellence in Residential Architecture in the Multiple Housing category.

Why it matters

Design awards can shift buyer perception and policy signals, affecting sales momentum and the next wave of apartment supply in growth precincts.