Latest Commercial Real Estate News

The billionaire is set to spend $100m redeveloping his Coolum Resort on Queensland’s Sunshine Coast after it fell into disrepair a decade ago.

A prime retail site on Manly Beach, which is home to a swag of restaurants, shops and a Ben & Jerry’s ice cream store, has sold under the hammer for a whopping $15.7 million.

Online retail behemoth Amazon is well into building the country’s largest warehouse in western Sydney and has flagged that more of its massive fulfilment centres will be opened as demand for online shopping surges.

Service stations and an Officeworks are expected to attract strong investor interest in an $86 million portfolio auction.

Stockland, the nation’s largest residential developer, is seeing a lasting home sales surge that should push beyond the end of stimulus packages, but mortgage pressure is rising in some areas, according to credit agencies.

While a comparison of property yields to the 10-year bond rate is a popular way to decide whether commercial property is too expensive, an analysis shows the sector is still some way off this point.

An Adelaide-based pub investment fund will tap investors for up to $20 million in additional capital after agreeing to take over three pubs in South Australia.

An industrial warehouse with close to 9000sqm of floor space is set to fetch an incredible price as the commercial property market reaches new highs.

After recovering to record highs over the start of 2021, searches to buy and lease commercial property have remained relatively steady over the past month. Searches to buy commercial property saw just a 0.3% rise …