Latest Commercial Real Estate News

An operator of 160 luxury serviced apartments across Melbourne’s CBD has been placed into liquidation after being slammed by the collapse of business travel as well as a flood of accommodation hitting the market on online booking site Airbnb.

One investor has paid a whopping eight-figure sum to edge out multiple other buyers at a competitive auction to own their very own Dan Murphy’s.

Liquidators have been appointed to Madmegs & Co, run by local chef Emmett Malone, after the eatery failed to survive the COVID-19 shutdown.

The redevelopment of the luxury Southern Ocean Lodge on remote Kangaroo Island will hinge on the ongoing cost of its insurance premiums, according to co-owner James Baillie.

The House of Stoush will become a House of God, while retail giants carved off iconic locations this year.

One of the nation’s largest non-bank corporate lenders, Metric Credit Partners, says private lending to commercial property projects has emerged as a proven alternative asset class during 2020.

The historic town in WA’s Pilbara region is likely to be turned into an eco-tourism enterprise that celebrates Aboriginal culture, following an expressions of interest campaign for the sale of the township.

Australians as they start their summer breaks are asking when or even if they will make a return to their traditional desks 9-5 next year.

The corporate regulator has frozen an allegedly illegal $11.3m property investment scheme operating in Perth, after police and investigators swooped on organisers.