Latest Commercial Real Estate News

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Office advice: Be flexible or fall behind
A focus on flexibility will be key for office landlords over the next stage of the supply cycle, according to research from agency Colliers International. 
Qatar Airways buys Melbourne’s Sheraton
Middle Eastern airline Qatar Airways has expanded its international hotel portfolio, buying the landmark Sheraton Melbourne for about $135 million.
Huge 44-unit Elsternwick block to fetch eight figures
Elsternwick could be set for a new apartment project with a massive block in search for a new owner. 
Hub takes second Melbourne co-working space to the top
Co-working giant Hub will open its second Melbourne space at the top of one of the city’s best-known skyscrapers.
Heathley offers $40m industrial logistics portfolio
Sydney-based Heathley Asset Management has put a $40 million portfolio of high quality industrial logistics on the eastern seaboard on the block as it focuses its attention on medical property.
Apartment future: St Kilda’s beachfront Novotel on the market
The much-loved beachside Esplanade strip in St Kilda could soon house a major luxury unit development with veteran Sydney developer Greg Shand putting the Novotel Hotel on the block for more than $100 million.
Trump’s plan to create commercial space…in space
The Trump administration has revealed plans to privatise the International Space Station, turning the ageing spacecraft into an orbiting commercial space.
Residential wane is commercial property’s gain
Master Builders Australia has forecast that commercial construction will carry the industry through a residential building downturn this year. 
Chinese load up on commercial property
Chinese developers have swooped on a series of major buildings and sites across the country’s west and east coast markets as they stock up on properties ahead of the next market cycle.
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