Melbourne is Australia’s second largest city. Its finance sector holds over 60% of Australia’s superannuation fund institutions. In contrast to Sydney and Brisbane, there is considerable land still available for development within and close to the CBD. This has resulted in new inner city precincts such as Docklands redefining and expanding the CBD.

Grosvenor has been investing in Melbourne office property since the early 50s – acquiring, developing and divesting on behalf of investors. We continue to keep a watching brief on activity in this market and future opportunities.