Sentinel Property Group

The transformation of Casuarina Square continues to take shape across every layer of the asset.

Following recent national commitments from Kickin' Inn, Yo-Chi Frozen Yogurt, and iPlay Australia, Novo Shoes has now officially reopened in a refitted tenancy within the main fashion mall, delivered in partnership with local contractor Darwin Shop Fitting. The relocation enabled the expansion of Strandbags within the centre and positions Novo to benefit from the broader Woolworths mall redevelopment underway.

Each decision reflects a coordinated repositioning strategy designed to support both retailer performance and the long-term evolution of the centre, reinforcing Casuarina Square's position as the leading retail and lifestyle destination in the Top End.

One of the more interesting gaps in Australian office markets: Brisbane still trades at a meaningful yield premium to Sydney.

Over the past decade, the spread between Brisbane and Sydney prime office yields has averaged roughly 68–119 basis points.

In simple terms: Investors have historically demanded a higher return to invest in Brisbane.

The question is whether that gap still reflects reality.

Because Brisbane today looks very different to the Brisbane of 10 years ago:
- Stronger Population Growth
- Major Infrastructure Delivery
- Tightening Prime Supply
- Increasing Institutional Attention
- Improving CBD Amenity

If market perception continues to shift, we could see:
→ Yield Compression
→ Rental Growth
→ Deeper Capital Liquidity

Which raises the bigger question:

Are Brisbane prime office assets still being priced below their long-term fundamentals relative to Sydney?

Our latest Queensland Briefing Note explores the full thesis. Get in touch at [email protected] or register your interest via https://www.sentinelpg.com.au/contact/?utm_source=facebook&utm_medium=social&utm_campaign=qld_briefing_note&utm_content=organic_post

We are delighted to welcome three new members joining our team across asset management, transactions and development.

Luca Jannese joins as Asset General Manager from QIC’s real estate investment team, bringing experience across super regional shopping centres and commercial office assets. With a background in valuation and advisory at Savills, Luca adds a strong commercial and analytical perspective to asset performance.

Sam Taylor joins as Capital Transactions Manager from AustralianSuper’s Real Assets team, where he worked across the living sector, airports and property developments nationally. His previous experience at Coronation Property and HillPDA Consulting has provided broad exposure across investment origination, transactions and development advisory.

Tim Johnson joins as Senior Development Manager, bringing more than 15 years of experience delivering commercial, mixed-use and industrial developments. Most recently at Australian Unity, Tim worked on the Herston Quarter Redevelopment Project, with previous senior development roles at Lendlease across projects including Melbourne Connect and OSD South at Town Hall Station

Please join us in welcoming Luca, Sam and Tim to the team!