DOCSLIB.ORG

Melbourne Office Vacancy Guide Advisory & Transaction Services - Office Leasing

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Melbourne Office Vacancy Guide Advisory & Transaction Services - Office Leasing MARCH 2017 MELBOURNE OFFICE VACANCY GUIDE ADVISORY & TRANSACTION SERVICES - OFFICE LEASING www.cbre.com.au MELBOURNE OFFICE VACANCY MARCH 2017 CONTENTS WELCOME CBRE IS PLEASED TO PRESENT THE MARCH 2017 EDITION OF THE MELBOURNE CBD OFFICE VACANCY GUIDE. THIS GUIDE HAS BEEN + Market View PREPARED IN ORDER TO ASSIST OUR CLIENTS IN MAKING INFORMED DECISIONS BASED ON CURRENT MARKET INTELLIGENCE. + Market Vacancy + CBD Vacancy Report CONTACT US ANDREW TRACEY MARC MENGONI CAITLIN MURDOCH MARK BOLIS PATRICK MOUNT Regional Director Director Senior Associate Director Senior Associate Director Senior Associate Director T. +61 3 8621 3325 T. +61 3 8621 3416 T. +61 3 8621 3417 T. +61 3 8621 3322 T. +61 3 8621 3337 M. +61 412 809 300 M. +61 413 484 966 M. +61 417 473 015 M. +61 412 237 809 M. +61 413 253 593 [email protected] [email protected] [email protected] [email protected] [email protected] SCOTT MCGLONE WILL DUNGEY ED LOWER CHARLOTTE MCCANN JAMES ALLEN Associate Director Manager Manager Negotiator Analyst T. +61 3 8621 3336 T. +61 3 8621 3495 T. +61 3 8621 3324 T. +61 3 8621 3061 T. +61 3 8621 3060 M. +61 419 468 871 M. +61 400 994 351 M. +61 423 734 043 M. +61 419 042 088 [email protected] [email protected] [email protected] [email protected] [email protected] MELBOURNE OFFICE VACANCY MARCH 2017 MARKET VIEW MELBOURNE CBD OFFICE Demand Supply Rents Absorption Victoria’s state final demand continued to grow over Over 2016, the Melbourne CBD saw the completion The Melbourne CBD leasing market continued to Net absorption in the Melbourne CBD has now been the 12 months ending September 2016, up 2.5%. of just under 110,000sqm of new office supply. This strengthen in Q4 2016, recording its fourth positive for 13 consecutive years, and is expected to Strengthening demand in the Melbourne CBD has supply comprised of two buildings – Towers 2 and 4 of consecutive quarter of positive growth in net effective remain positive over the short to medium term off the seen vacancy trend downwards over the last two years, Walker Corporation’s Collins Square development – rents. Prime face rents were up 1.6% over the quarter, back of the forecast growth in white collar estimated at 6.4% in December 2016. bringing 70,700sqm and 38,500sqm respectively to and 5.9% year-on-year to average an indicative employment. the Docklands precinct. $525/sqm. Further supporting growth in effective The Melbourne CBD recorded growth of 1.3% in white rents, prime incentives shed 15bps over the quarter to Vacancy is expected to continue contracting in 2017 collar employment over the 12 months to September The supply pipeline in 2017 will be subdued, with only average 32%. Prime effective rents averaged $360/ off the back of positive growth forecast for white collar 2016. Melbourne’s white collar workforce is predicted 8,000sqm of new supply to be added as part of the sqm in Q4 2016, up 1.8% over the quarter, 7.2% employment and minimal new supply. Lower vacancy to continue expanding, with growth of 1.8% forecast regeneration of Rialto Towers. Bank of Melbourne has year-on-year. will support further growth in net effective rents as the over 2017. Likely to support employment growth over pre-committed to 5,000sqm of this additional space. Melbourne CBD transitions away from being a market this time are the accommodation and food, finance Supply will pick up again in 2018 with the completion Secondary rents have also strengthened, with face favouring tenants to a market favouring landlords. and insurance, and information media and of 25,000sqm at 664 Collins Street (with a rents up 0.8% over the quarter, and 4.4% over the telecommunications sectors. 10,000sqm pre-commitment from Pitcher Partners) year to reach an indicative $350/sqm. Secondary and 24,000sqm at One Melbourne Quarter (with a incentives dropped 70bps over the quarter to 31%, By sqm volume, the Professional, Scientific and 5,000sqm pre-commitment from Arup, and a reflecting a 12 month decline of 125bps. Secondary Technical Services sector accounted for the largest 7,000sqm pre-commitment from LendLease). Beyond effective rents averaged $240/sqm in Q4 2016, proportion of enquiry during Q4, followed by 2018, a further 160,000sqm is due for completion reflecting quarterly and annual growth rates of 1.9% Education and Training, then Public Administration over 2019-20. and 6.3% respectively. and Safety. As a result of positive growth in white collar employment and a modest supply outlook, vacancy is predicted to continue its decline in 2017. MARCH 2017 MELBOURNE OFFICE VACANCY MARCH 2017 MELBOURNE VACANCY REPORT VACANCY STATISTICS MELBOURNE EASTERN NORTH WESTERN TOTAL CIVIC FLAGSTAFF SPENCER DOCKLANDS SOUTHBANK CORE EASTERN CORE CURRENT NLA (sqm) 4,526,062 467,516 650,547 309,860 348,383 258,393 1,586,864 904,499 405,737 DIRECT VACANCY (sqm) 270,871 24,891 14,021 7,887 48,647 18,799 127,824 28,802 16,333 SUBLEASE VACANCY (%) 20,438 400 5,999 3,532 0 5,720 4,087 700 250 TOTAL VACANCY (sqm) 291,309 25,291 20,020 11,419 48,647 24,519 131,911 29,502 16,583 VACANCY RATES (%) 6.4% 5.4% 3.1% 3.7% 14.0% 9.5% 8.3% 3.3% 4.1% SOURCE: PCA FEBRUARY 2017 LEGEND AVAILABLE 2017 MARCH 2017 AVAILABLE 2018 SUB LEASE 56 55 PREMIUM GRADE MARKET 54 53 52 51 50 49 1,000 48 51 50 458 47 50 PREMIUM GRADE 49 46 49 48 665 45 48 MARKET SUMMARY 47 298 44 47 Grade Market Premium 46 226 43 46 45 283 42 45 44 500 41 44 + Total NLA: 746,387sqm 43 311 40 43 42 39 42 41 38 41 + Total Direct Vacancy: 42,390sqm 40 37 40 39 36 39 38 35 1,566 38 + Total Sublease Vacancy: 7,259sqm 37 34 1,566 37 36 33 1,566 36 + Total Vacancy: 49,649sqm 35 1,860 32 1,566 35 34 1,862 31 1,566 34 567 COLLINS STREET 120 COLLINS STREET 33 525 COLLINS STREET 30 33 + Vacancy Rate: 6.7% 32 29 360 ELIZABETH STREET 32 MELBOURNE MELBOURNE 31 MELBOURNE 28 MELBOURNE 31 30 27 30 29 26 29 28 25 28 27 24 27 26 26 23 26 25 25 22 25 24 24 21 24 LEGEND 23 23 20 23 22 22 19 22 1,166 21 709 21 18 21 20 1,360 20 17 20 19 19 16 19 2,067 18 18 1,786 15 18 AVAILABLE 2017 17 17 1,634 14 743 17 16 16 1,656 13 1,480 16 15 15 1,651 12 15 14 14 11 14 13 13 10 13 AVAILABLE 2018 12 12 9 12 11 11 8 11 10 10 7 10 2,602 9 9 1,662 6 9 Typical Floorplate 1,140 - 1,900sqm 8 Typical Floorplate 1,140 - 1,900sqm 8 Typical Floorplate 875 - 2,000sqm 600 5 Typical Floorplate 1,556sqm 8 NLA 64,000sqm 7 NLA 64,831sqm 7 NLA 84,000sqm 402 4 NLA 65,000sqm 7 SUB LEASE 6 6 1,856 3 6 Asking Net Rent $550 - $610 5 Asking Net Rent $495 - $640 5 Asking Net Rent $450 - $750 2 Asking Net Rent $500 - $600 5 Outgoings $129 4 Outgoings $169 4 Outgoings $160 2,028 1 Outgoings $133.10 4 3 793 3 1,198 1P 3 Potential Total Vacancy 5,835sqm 2 Potential Total Vacancy 2,862sqm 2 Potential Total Vacancy 23,850sqm 823 M2 Potential Total Vacancy 10,000sqm 2 1 1 619 + 479 M1 1 NABERS 5 Star G NABERS 3.5 Star G NABERS 2 Star G NABERS 4.5 Star G LEGEND AVAILABLE 2017 AVAILABLE 2018 SUB LEASE Premium Grade Market Premium 56 55 54 53 52 51 50 49 48 Premium Grade Market Premium 47 47 46 46 45 45 44 44 43 43 42 42 41 1,036 41 40 40 39 39 38 38 38 37 37 37 36 36 36 35 35 35 34 34 34 33 33 33 101 COLLINS STREET 32 600 BOURKE STREET 915 32 530 COLLINS STREET 32 333 COLLINS STREET MELBOURNE 31 MELBOURNE 31 MELBOURNE 31 MELBOURNE 30 30 30 29 735 29 29 215 28 28 28 28 27 27 27 27 26 26 26 26 25 25 25 25 24 24 24 1,112 24 23 23 23 23 22 22 22 22 21 1,330 21 21 21 20 538 20 20 20 19 19 19 19 18 429 18 18 18 17 17 17 17 16 16 246 16 16 15 15 15 15 14 14 209 14 2,363 14 13 13 13 13 727 12 12 12 12 389 11 11 11 2,034 11 3,269 10 10 10 550 10 9 9 9 9 Typical Floorplate 1,400 - 1,800sqm 8 Typical Floorplate 1,400sqm 1,337 8 Typical Floorplate 1,260sqm 3,516 8 Typical Floorplate 3,446sqm 8 NLA 79,944sqm 7 NLA 64,427sqm 1,341 7 NLA 65,000sqm 3,516 7 NLA 62,336sqm 7 6 6 6 6 Asking Net Rent $490 - $730 5 Asking Net Rent $440 - $600 5 Asking Net Rent $425 - $450 5 Asking Net Rent $400+ 2,063 5 Outgoings $150 4 Outgoings $153 4 Outgoings $147 4 Outgoings $138 2,958 4 3 1,341 3 177 3 3 Potential Total Vacancy 4,600sqm 2 Potential Total Vacancy 9,002sqm 2 Potential Total Vacancy 8,413sqm 286 + 470 2 Potential Total Vacancy 8,117sqm 2 1 1 1 2,546 1 NABERS 4 Star G NABERS 3.5 Star G NABERS 5 Star G NABERS 4 Star G LEGEND AVAILABLE 2017 AVAILABLE 2018 MARCH 2017 SUB LEASE EASTERN CORE A-GRADE MARKET 52 51 50 A-GRADE MARKET SUMMARY 49 48 A-Grade Market 47 46 45 + Total NLA: 2,239,962sqm 44 43 + Total Direct Vacancy: 133,206sqm 42 41 40 + Total Sublease Vacancy: 10,455sqm 39 38 1,110 37 + Total Vacancy: 143,661sqm 1,110 36 1,112 35 35 1,112 34 34 + Vacancy Rate: 6.4% 33 33 35 COLLINS STREET 32 90 COLLINS STREET 80 COLLINS STREET 32 8 EXHIBITION STREET 32 MELBOURNE 31 MELBOURNE MELBOURNE 31 MELBOURNE 31 30 30 30 29 29 29 28 28 28 27 27 27 26 26 26 25 25 25 1,408 24 24 24 1,687 23 23 23 1,709 22 22 1,568 22 LEGEND 1,707 21 21 21 21 1,675 20 20 1,083 20 20 1,538 19 19 500 19 19 1,556 18 18 282 18 18 1,554 17 17 1,080 17 17 1,596 16 16 16 16 AVAILABLE 2017 1,600 15 15 1,080 15 15 1,600 14 14 1,080 14 1,617 14 1,600 13 13 1,080 13 850 13 1,601 12 12 1,080 12 1,618 12 1,599 11 11 1,080 11 11 1,601 10 10 1,080 10 10 AVAILABLE 2018 1,561 9 9 1,080 9 9 Typical Floorplate 1,600sqm 1,600 8 Typical Floorplate 881 - 1,348sqm 8 Typical Floorplate 1,078 - 1,171sqm 1,080 8 Typical Floorplate 1,568 - 1,687sqm 8 NLA 46,000sqm 1,599 7 NLA 21,200sqm 7 NLA 50,600sqm 1,080 7 NLA 44,900sqm 7 1,601 6 6 6 6 Asking Net Rent $490 - $600 1,601 5 Asking Net Rent $415 5 Asking Net Rent $500 5 Asking Net Rent $550 - $600 5 4 4 4
Load more

Recommended publications
  • Vision for a Smaller Planet
    INFASTRUCTURE Vision for a smaller planet Andrew Gray THE VPELATHE ARG Planning victorianrevue / planning / environmental / law / association / volume 95 June 2015 1 / VPELA Revue June 2015 Contents President 3 Awards 4 Minister 9 Shadow Minister 11 Seminar Reports The (new) residential zones – 1 year on 15 Meet the Minister 21 Coastal planning – where are we at? 54 Expert Evidence Seminar 57 Places Planning… Like an Egyptian 22 Melbourne School of Design 40 People 1950’s Rock n Roll Gala 28 A day with Prof. Rob Adams 38 Peter Allen’s brilliant career 56 The Business New members 59 VCAT Bias: real or perceived 7 In the know 59 Planning policy and government investment 10 Residential zones, reflecting one year on 13 The new residential zones one year in transition 17 The low down on tall towers in Melbourne 25 Apartment standards, more Maslow or more area 33 Infrastructure provision in growth areas 35 Municipal matters 42 Making better decisions in Australian cities 45 The fast lane 47 Permit Triggers…to tick or not to tick 48 Legal world 51 Rory’s ramble 53 Cover photo: The Hon Richard Wynne MLA, Minister for Planning presenting Geoff Underwood the Richard J Evans Award. Newsletter editor: VPELA Bernard McNamara PO Box 1291 Camberwell 3124 M: 0418 326 447 www.vpela.org.au E: [email protected] E: [email protected] T: 9699 7025 T: 9813 2801 2 / VPELA Revue June 2015 President Utopia and bipartisanship Tamara Brezzi President, VPELA Inevitably upon the coming and going of each election cycle, a arose not only from the ABC TV show of the same name, but from discussion about planning, and its system, turns to bipartisanship.
    [Show full text]
  • MELBOURNE EDITION the Local Perspective on Prime Property and Lifestyle
    The Wealth Report City Series MELBOURNE EDITION The local perspective on prime property and lifestyle THE WEALTH REPORT – MELBOURNE EDITION Welcome to the Melbourne Edition Andrew Hay Global Head of Residential [email protected] +44 20 7861 1071 Welcome to the Melbourne Edition of attractive to wealthy residents from The Wealth Report, Knight Frank’s annual across Australia, the wider Asia-Pacific Contents thought-leadership publication for our region and even further afield. UHNW clients and their advisors. The importance of Melbourne’s 01 It is particularly fitting that Melbourne economic mix and skilled employment Briefing should be the focus of our first special base in the context of future investment in In the 12 months to the end of city edition. Its reputation as one of the city-wide infrastructure is also discussed. December 2016, Melbourne prime world’s most exciting urban centres was Findings from previous editions of residential prices increased by underlined when it was named the world’s The Wealth Report have confirmed 8.8%, and grew by 35.1% over the most liveable city for the sixth that lifestyle is a critical issue driving past four years consecutive year in the latest rankings by investment into residential markets page 02 The Economist Intelligence Unit. globally. We consider place-making, This publication not only builds architecture, art, fashion, health, sport 02 on the research and insight Knight and the burgeoning food scene in Living Frank provides every year in The Wealth Melbourne to provide a rounded view From culture to countryside, Report, but also takes a deeper, more of the opportunities the city offers and employment to education, we look localised focus on the issues that that justify its world ranking.
    [Show full text]
  • 29 January 2007
    14 December 2011 The Manager Company Announcements Office ASX Limited Exchange Centre 20 Bridge Street Sydney NSW 2000 Dear Sir/Madam, APN Development Fund No 2 secures Westpac as anchor tenant for 150 Collins Street APN Property Group Limited is pleased to announce that APN Development Fund No 2 and its joint venture partner, Grocon, have secured Westpac Banking Corporation as anchor tenant for its 150 Collins Street, Melbourne site. Details of the agreement are set out in the attached media release. Further information If you would like any further information in relation to this announcement, please contact Clive Appleton on +613 8656 1000. Yours sincerely John Freemantle Company Secretary For personal use only APN Property Group Limited About APN Property Group APN Property Group Limited (ASX code: APD) is one of Australia’s leading real estate investment managers, with a strong record of investment performance. We actively invest in, develop and manage real estate and real estate securities on behalf of corporations, superannuation funds, high net worth and individual investors. As a specialist real estate investment manager, we are committed to delivering superior investment performance and outstanding service. APN & Grocon secure Westpac as anchor tenant at 150 Collins St Wednesday, December 14, 2011 An Agreement of Lease has been signed by Australia’s first bank, Westpac Banking Corporation, as the anchor tenant for the APN /Grocon joint development at 150 Collins Street, Melbourne. 150 Collins Street, located between heritage landmarks Scots Church and The Assembly Hall, represents a new generation of building, blending the old and the new. The modern Peddle Thorpe designed office will integrate with the rich historical surrounds, making it the ideal new headquarters for Victorian based Westpac staff.
    [Show full text]
  • Notice of Change of Interests of Substantial Holder
    Form 605 Corporations Law Section 671B Notice of ceasing to be a substantial holder To Company Name/Scheme AUSNET SERVICES LIMITED ACN/ARBN 603 317 559 1. Details of substantial holder (1) Name Franklin Resources, Inc., and its affiliates ACN (if applicable) N/A There was a change in the interests of the substantial holder on 30 August 2021 The previous notice was given to the company on 24 August 2021 The previous notice was dated 24 August 2021 2. Changes in relevant interests Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows: Date of change Person whose Nature of Consideration Class (6) and number of Person’s votes relevant interest change (4) given in relation securities affected affected changed to change(5) See Annexure B See Annexure B See Annexure B See Annexure B See Annexure B See Annexure B 3. Changes in association The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting interests in the company or scheme are as follows: NOT APPLICABLE Name and ACN (if applicable) Nature of association Not Applicable 4. Addresses The addresses of persons named in this form are as follows: Name Address See Annexure A See Annexure A Signature print name Catherine Johnson Capacity: Manager Global Securities – Regulatory Reporting, Franklin Resources, Inc.
    [Show full text]
  • Banking Act Unclaimed Money As at 31 December 2007
    Commonwealth of Australia Gazette No. ASIC 40A/08, Wednesday, 21 May 2008 Published by ASIC ASIC Gazette Contents Banking Act Unclaimed Money as at 31 December 2007 RIGHTS OF REVIEW Persons affected by certain decisions made by ASIC under the Corporations Act 2001 and the other legislation administered by ASIC may have rights of review. ASIC has published Regulatory Guide 57 Notification of rights of review (RG57) and Information Sheet ASIC decisions – your rights (INFO 9) to assist you to determine whether you have a right of review. You can obtain a copy of these documents from the ASIC Digest, the ASIC website at www.asic.gov.au or from the Administrative Law Co-ordinator in the ASIC office with which you have been dealing. ISSN 1445-6060 (Online version) Available from www.asic.gov.au ISSN 1445-6079 (CD-ROM version) Email [email protected] © Commonwealth of Australia, 2008 This work is copyright. Apart from any use permitted under the Copyright Act 1968, all rights are reserved. Requests for authorisation to reproduce, publish or communicate this work should be made to: Gazette Publisher, Australian Securities and Investment Commission, GPO Box 9827, Melbourne Vic 3001 ASIC GAZETTE Commonwealth of Australia Gazette ASIC 40A/08, Wednesday, 21 May 2008 Banking Act Unclaimed Money Page 2 of 463 Specific disclaimer for Special Gazette relating to Banking Unclaimed Monies The information in this Gazette is provided by Authorised Deposit-taking Institutions to ASIC pursuant to the Banking Act (Commonwealth) 1959. The information is published by ASIC as supplied by the relevant Authorised Deposit-taking Institution and ASIC does not add to the information.
    [Show full text]
  • MELBOURNE CBD Office Market Overview
    RESEARCH OCTOBER MELBOURNE CBD Office Market Overview HIGHLIGHTS • Despite the current economic uncertainty, the Melbourne CBD office market recorded a surprisingly solid net absorption result in the first half of 2012 and only a slight rise in vacancy. However the immediate outlook is less promising, having been adversely impacted by contractions within the finance and government sectors; vacancy is forecast to steadily rise over the next year. • The subdued labour market conditions have also stalled rental growth with incentives having risen over the year to date, and these elevated incentive levels are forecast to remain for up to 18 months. • Investor demand remains strong for quality CBD assets, with further transactional activity only hindered by the lack of opportunities. Given the constrained volume of transactions, yields have remained stable despite the increasing investor interest. OCTOBER 2012 MELBOURNE CBD Office Market Overview MELBOURNE CBD OVERVIEW Table 1 Melbourne CBD Office Market Indicators as at October 2012 Market Total Stock Vacancy Annual Net Annual Net Additions Average Net Average Average Core Market (m²)^ Rate Absorption (m²)^ Face Rent Incentive Yield (%)^ (m²)^ ($/m²) (%) (%) Prime 2,524,452 4.6 46,799 54,794 380 – 700 15 – 25 6.75 – 7.25 Secondary 1,625,541 7.1 2,293 -13,451 260 – 430 20 – 22 7.50 – 9.00 Total 4,149,993 5.6 49,092 41,343 Source: Knight Frank/PCA ^ as at July 2012 SUPPLY & DEVELOPMENT ACTIVITY In the year to date, 55,868m² of office space New supply is forecast to pick up in 2013 with Of the new and refurbished supply currently has been added to the Melbourne CBD office 143,849m2 across five developments in the under construction, the vast majority are market, largely through the completion of 3 pipeline and a further 94,000m2 scheduled located in the Docklands precinct, accounting Collins Square and 990 LaTrobe Street, both for completion in 2014.
    [Show full text]
  • Victoria Government Gazette by Authority of Victorian Government Printer
    Victoria Government Gazette By Authority of Victorian Government Printer No. G 15 Thursday 14 April 2005 www.gazette.vic.gov.au GENERAL 704 G 15 14 April 2005 Victoria Government Gazette TABLE OF PROVISIONS Private Advertisements Unclaimed Moneys Church Notices SCO Legal 712 Diocese of Wangaratta 706 Succession Corporation Pty Ltd 712 Dissolution of Partnership Government and Outer Budget Sector Shepparton Roadworthy Centre 706 Agencies Notices 713 Estates of Deceased Persons Orders in Council 741 A. B. Natoli Pty 706 Acts: Aitken Walker & Strachan 706 Public Administration Alan P. Burnes 706 Late Notices Borchard & Moore 706 Mount Alexander Shire Council 744 De Marco & Co. 707 Dwyer Mahon & Robertson 707 E. P Johnson & Davies 707 G. A. Black & Co. 707 G. R. Herbert & Co. 707 Garden & Green 708 Goldsmiths 708 Hall & Wilcox 708 Macpherson + Kelley 708 Maddocks 709 Marshalls & Dent 709 Mason Sier Turnbull 710 Novatsis & Alexander 710 Richmond & Bennison 710 Russo Pellicano Carlei 710 Ryan, Mackey & McClelland 710 Septimus Jones & Lee 710 Tony OÕBrien &Associates 711 Wills & Probate Victoria 711 Wisewoulds 711 Advertisers Please Note As from 14 April 2005 The last Special Gazette was No. 69 dated 13 April 2005. The last Periodical Gazette was No. 2 dated 23 September 2004. How To Submit Copy l See our webpage www.craftpress.com.au l or contact our office on 9926 1233 between 8.30 am and 5.30 pm Monday to Friday Copies of recent Special Gazettes can now be viewed at the following display cabinets: l 1 Treasury Place, Melbourne (behind the Old Treasury Building), and l Craftsman Press Pty Ltd, 125 Highbury Road, Burwood 3125 (front of building).
    [Show full text]
  • 201026 Speedcast COS DN
    Case 20-32243 Document 897 Filed in TXSB on 11/02/20 Page 1 of 14 IN THE UNITED STATES BANKRUPTCY COURT FOR THE SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION § In re: § Chapter 11 § SPEEDCAST INTERNATIONAL § LIMITED, et al., § Case No. 20-32243 (MI) § Debtors.1 § (Jointly Administered) § CERTIFICATE OF SERVICE I, T ravis Buckingham, depose and say that I am employed by Kurtzman Carson Consultants LLC (KCC), the claims and noticing agent for the Debtors in the above-captioned case. On October 28, 2020, employees of KCC caused the following document to be served via Electronic Mail to the parties on the service lists attached hereto as Exhibit A and Exhibit B; and via First Class Mail to the parties on the service lists attached hereto as Exhibit C and Exhibit D: • Order (I) Authorizing and Approving NBN Transaction, Including (A) Private Sale Free and Clear of All Liens, Claims, Encumbrances, and Other Interests, (B) Assumption and Assignment of Certain Contracts, and (C) Settlement and Release of Claims, (II) Approving Form and Manner of Notices of NBN Transaction, and (III) Granting Related Relief [Docket No. 879] Dated: November 2, 2020 /s/ Travis Buckingham Travis Buckingham KCC 222 N Pacific Coast Highway, 3rd Floor El Segundo, CA 90245 Tel 310.823.9000 1 A complete list of the Debtors in these chapter 11 cases may be obtained on the website of the Debtors’ claims and noticing agent at http://www.kccllc.net/speedcast. The Debtors’ service address for the purposes of these chapter 11 cases is 4400 S. Sam Houston Parkway East, Houston, Texas 77048.
    [Show full text]
  • LIV Traineeship and Seasonal Clerkship Guideline Signatories
    LIV Traineeship and Seasonal Clerkship Guideline Signatories THESE FIRMS ARE SIGNATORIES TO THE LIV GUIDELINES AND THE LIST IS CURRENT AS OF FEBRUARY 2017. SEASONAL TRAINEESHIP SIGNATORY FIRMS ADDRESS CLERKSHIP GUIDELINES GUIDELINES Allens Level 37, 101 Collins Street, MELBOURNE 3000 Yes Yes Arnold Bloch Leibler Level 21, 333 Collins Street, MELBOURNE 3000 Yes Yes Ashurst Australia Level 26, 181 William Street, MELBOURNE 3000 Yes Yes Baker & McKenzie Level 19, 181 William St, MELBOURNE 3000 Yes Yes Best Hooper 563 Little Lonsdale Street, MELBOURNE 3000 Yes No BJT Legal 38 Lydiard Street South, BALLARAT 3350 Yes Yes Boothby & Boothby 883 Dandenong Road, CAULFIELD EAST 3145 Yes No Clarendon Lawyers Level 17 Rialto North Tower, 525 Collins Street, MELBOURNE 3000 Yes Yes Clarke & Barwood Lawyers 61-65 Gellibrand Street, COLAC 3250 Yes Yes Clayton Utz Level 18, 333 Collins Street, MELBOURNE 3000 Yes Yes Clements Hutchins & Co 114 Queen Street, ALTONA 3018 Yes Yes Colin Biggers and Paisley Lawyers Level 23, 181 William Street, MELBOURNE 3000 Yes No Corrs Chambers Westgarth Bourke Place, Level 36, 600 Bourke Street, MELBOURNE 3000 Yes Yes Costanzo Lawyers Suite 2, 261-265 Blackburn Rd, DONCASTER 3109 Yes Yes Coulter Roache Level 1, 235 Ryrie Street, GEELONG 3220 Yes Yes Davis Lawyers 15/200 Queen Street, MELBOURNE 3000 Yes No DLA Piper Level 21, 140 William Street, MELBOURNE 3000 Yes Yes Eales & Mackenzie 5/95 Queen Street, MELBOURNE 3000 Yes Yes Gilbert + Tobin Level 22, 101 Collins Street MELBOURNE 3000 Yes Yes Hall & Wilcox Level 11, Rialto
    [Show full text]
  • Report to the Future Melbourne Committee Agenda Item 6.4
    Page 1 of 283 Report to the Future Melbourne Committee Agenda item 6.4 Planning Scheme Amendment C387 Hoddle Grid Heritage (Permanent 18 May 2021 controls) Presenter: Emma Appleton, Director City Strategy Purpose and background 1. The purpose of this report is to consider the submissions received to Melbourne Planning Scheme Amendment C387 Hoddle Grid Heritage Permanent Controls (the Amendment) and to recommend that the Future Melbourne Committee refer all submissions listed at Attachment 2 to an independent Panel in accordance with the Planning and Environment Act 1987. 2. The Amendment implements the recommendations of the Hoddle Grid Heritage Review, 2020 (the Review) by Context and peer reviewed by GJM Heritage. It proposes to include 137 new individual heritage places and five new precincts within Heritage Overlays. Protection of these places contributes to the Grid’s hierarchy of memorable streets and laneways, and diverse precincts, attracting economic activity integral to the Victorian state economy and offering adaptable floor space within the city. 3. The Review was presented to the Future Melbourne Committee on 4 August 2020. Under delegation, management requested authorisation from the Minister for Planning to prepare and exhibit the Amendment. Exhibition was undertaken from 5 November to 17 December 2020, including a wide range of engagement activities that optimised community participation and celebrated heritage in the city. Key issues 4. Twenty-two submissions were received in support of the Amendment including from the National Trust, the Royal Historical Society of Victoria and Melbourne Heritage Action. Forty three submissions were received in opposition to inclusion of 48 places within Heritage Overlays in the Amendment.
    [Show full text]
  • Publicly Accessible Private Plazas in Central Melbourne Amendment C308 Supplementary Analysis City of Melbourne Introduction
    PUBLICLY ACCESSIBLE PRIVATE PLAZAS IN CENTRAL MELBOURNE AMENDMENT C308 SUPPLEMENTARY ANALYSIS CITY OF MELBOURNE INTRODUCTION Response to Submissions This research report was prepared in response to submissions received to the exhibition of • Clarification is sought on whether this provision Amendment C308: Urban Design in the Central City calls for a 50% retention of the existing plaza as and Southbank. it is or 50% of the existing plaza area. The report specifically focuses on the following • The provision fails to recognise that there provision within the proposed Design Development may be circumstances where built form on or Overlay Schedule 1 (DDO1): above existing plazas would achieve a superior outcome when compared with the protection of Retain a minimum of 50% of any existing publicly 50% of an existing plaza. accessible private plaza oriented to a main street or street that contributes to reducing pedestrian • The requirement to retain a minimum 50% congestion or where there is good potential of existing publicly accessible private plazas through retrofit and repurposing to achieve a high demands the provision of public open space on quality space with opportunities for stationary private land, which albeit discretionary, removes activity. the level playing field for negotiation. A summary of the submissions relevant to this • The publicly accessible private plazas provision are outlined below: requirement inhibits development and places a burden on any future redevelopment efforts. • This requirement makes no distinction between the qualities of the existing plazas within the Responses to these submissions were presented to Hoddle Grid, ie whether all existing plazas are of the Future Melbourne Committee on 20 November, a quality worthy of protection.
    [Show full text]
  • Melbourne CBD Office Spring 2006 Record Net Absorption
    COLLIERS INTERNATIONAL MARKET INDICATORS Melbourne CBD Office SPRING 2006 Record Net Absorption 181 William Street, Melbourne Pre-commitment According to the latest Property Council of Australia Dawson Waldron (8,800m²), AXA (28,700m²), Ericsson by IAG (27,100m²) and data (July 2006), the Melbourne CBD recorded a (10,000m²), Lend Lease (5,000m²), Australian Customs Blake Dawson Waldron (8,800m²). staggering net absorption figure in the last six Services (10,000m²) and National Foods (12,000m²). months of 173,121m², bringing the total absorption Forecast for the last twelve months to 213,159m². These are Further pre-commitments and speculative development the highest six and twelve month net absorption figures is expected to provide measured new supply over (6 months) for Melbourne since PCA records began in 1990. the next 36 months, but in the next twelve months the market will tighten significantly. Overall Performance: ➔ Melbourne has now had solid and sustained net Supply: ➔ absorption over the past three years totalling 465,000m². Incentives have generally reduced across precincts and office grades and are expected to continue to Tenant Demand: ➔ The data reveals the overall vacancy rate has fallen ➔ from 8.3% in January to 7.5% in July. Vacancy in tighten for the remainder of 2006 resulting in increases Vacancy: ➔/ ➔ Premium and A Grade properties decreased while B in effective rentals. Incentives: Grade vacancy increased slightly indicating a flight Investment activity has provided several significant Effective Rents: ➔/ ➔ to quality from tenants in B Grade buildings to A and Premium Grade buildings. transactions during the last twelve months, including ➔ Capital Values: ➔ the sale of 321 Exhibition Street for $120 million and Yields: Most of the positive absorption in the first half of 2006 a 50% interest in 101 Collins Street for $285 million.
    [Show full text]