Yaradhang Sale Kicks Off 2026
Update: 2026-01-04
Description
Australias commercial property market in the Australian Capital Territory concluded 2025 on a subdued note, but a blockbuster sale signals a scorching start to 2026. The Yaradhang building at 23 Furzer Street in Woden sold for $305 million, one of just two major deals over $10 million. This pushed total investments to $320 million for the year. Owners played it safe during the slowdown, extending leases, refurbishing buildings, and repositioning assets, creating a shortage of top-tier stock for buyers. However, this caution is now easing up, and early 2026 looks promising with several listed properties expected to close deals. Buyer focus is shifting from Sydney and Brisbane toward Canberras central business district. Nationwide, the outlook is positive with improving bids on offices and strong interest in industrial properties.
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