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The Evolution of Suburban Business Parks - Australia's Emerging Institutional Asset Class

An interview by Sam Biggins | Director, Queensland, Investment Services from Colliers International with Paul Huston from Alceon

Recently, Colliers International had the privilege of transacting 381 Macarthur Avenue, Hamilton, on behalf of the Alceon-Graystone JV to the Centuria Diversified Property Fund as the fund’s first direct property investment.

Following this significant investment by Centuria Sam Biggins, Queensland Director for Investment Services, caught up with Paul Huston, Project Director – Alceon Suburban Business Parks, to discuss the exciting evolution in this product offering and what is attracting both tenants and institutional investors of Centuria’s calibre to these precincts.

As Queensland’s pre-eminent suburban business park developers Alceon & Graystone are behind a number of class-leading projects including the BTP Hamilton Northshore and BTP Eight Mile Plains precincts.  

The aforementioned acquisition by Centuria is a strong endorsement of the transition of this product into an institutional-grade asset class, and at a local level an indicator of the growing wave of capital being invested into Brisbane’s suburban middle market office sector.

Please contact Sam if you would like to discuss Brisbane’s CBD or suburban middle market office sector in further detail.


Mobile: +61 410 979 075

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Samuel Biggins

Director | Queensland

Investment Services

Brisbane CBD

Sam has more than a decade of experience in managing commercial real estate transactions for institutional and high net worth clients across the Asia-pacific region and has participated in over $1b in transactions in the last 5 years. 

Sam’s role is to provide leadership to the Investment Services business across Queensland. He offers guidance and drives the national initiatives, including Middle Markets, Asia Market engagement, Restructuring Property Services and our Premium Investments team. 

In 2016 he relocated to Colliers’ Brisbane office after 5 years with the firm in Singapore and Hong Kong, where he was responsible for Colliers ‘ANZ’ desk, working across the ANZ and Asian businesses channeling Asian capital into the Australia and New Zealand real estate markets.

Sam is an expert in negotiating cross border transactions having executed deals and mandates for clients in Australia, New Zealand, China, Hong Kong, Singapore, India, Russia and Indonesia.


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