Latest Commercial Real Estate News

Sydney has arrived as a global investment hub, dragging $7.2 billion of offshore investment into its commercial property market last year and placing it seventh on a list of global cities for foreign investment. This article originally appeared on theaustralian.com.au/property.

The owner of historic Claremont House has put the Victorian Italianate mansion on the market.

A shopping centre in Melbourne’s southeastern suburbs has sold for more than $30 million to a new entrant to the market. This article originally appeared on theaustralian.com.au/property.

China will overtake New Zealand as Australia’s biggest source of international visitors, pumping $13 billion into the economy by 2020, but a global study says local hotels are far from ready. This article originally appeared on theaustralian.com.au/property.

Nine retail outlets leased to bulky goods chain The Good Guys have been sold for $92 million, in a series of deal spanning four states and involving multiple buyers.

Another towering residential development is a step closer in Melbourne boom suburb Box Hill, with a developer paying almost $50 million for a site with permits in place. Local developer CBD Development Group trumped overseas buyers …

Mirvac Group has become the latest landlord to embrace the hi-tech sector, launching Hoist, which it is pitching as a co-working partnership with incubator York Butter Factory, starting at the Australian Technology Park in Redfern in inner city Sydney. This article originally appeared on theaustralian.com.au/property.

Aggressive Hong Kong developer Golden Horse Group has committed to building a $60 million luxury hotel on the Gold Coast’s Hope Island, signing with Accor over the 150-room property, which will be branded a Swissotel. This article originally appeared on theaustralian.com.au/property.

The owners of Brighton culinary institution The Pantry will open a second eatery just metres away, after leasing a new space. What form the new cafe and restaurant takes at the upmarket bayside Melbourne suburb is yet to …