Cbus Property, the real estate investment arm of Industry superannuation fund Cbus, has entered into an agreement to sell the Resort business and assets of the Cumberland Lorne Resort to Consolidated Properties, a company associated with listed property group Trinity.

Cbus Property the real estate investment arm of Industry superannuation fund Cbus has purchased the Estate One industrial estate at Dandenong from Phileo Australia Limited in the fund’s first major foray into the industrial property sector

Cbus Property has confirmed it will begin construction on the second commercial tower at its CBW development demonstrating a high level of confidence in Melbourne’s commercial property market.

Cbus Property has today signed an agreement with the Western Australian Government to proceed with the acquisition of 140 William Street, Perth and the development of a commercial and retail complex on the site.

Cbus Property has scrapped a planned hotel at its major commercial development at the western end of Melbourne's central business district and will replace it with office space.

CBUS Property has dumped plans for a hotel at its $480 million tower on the corner of Bourke and William streets, amid increased competition in the CBD hotel market. 

Joining a growing list of zealous CBD office developers, superannuation giant Cbus will push ahead with a new Bourke St tower. 

Cbus Property has received an amendment to the existing Town Planning Approval enabling the second tower at the mixed use development on Bourke and William Street to be used entirely for office accommodation.

The West Australian government has named Cbus Property as the preferred proponent for a $200 million project above a new underground station at 140 William Street in Perth's central business district.

Executives from Melbourne-based Cbus Property, which is short-listed for the 140 William Street development, made the most of a recent whirlwind trip west by meeting with consortium stakeholders and gauging potential opportunities in the Perth market.