Latest Commercial Real Estate News

US build-to-rent specialist Greystar has swooped on a major site in Melbourne that can accommodate more than 700 units, with the acquisition signalling the sector will keep firing even as developers struggle to sell apartments.

For sale and lease search volumes continued to fall last week, but there is considerably more activity in the commercial market than this time last year.  The volumes of searches for properties for sale on …

Property giant Stockland has boosted its residential pipeline with the acquisition of masterplanned community south west of Brisbane.

Property group Dexus is backing an office recovery in the Queensland capital as it has advanced plans for a $2.1 bilion overhaul of the Eagle Street Pier and Waterfront Place precinct into a major twin tower office and leisure development.

Sellers have earned a massive profit after turning a vacant Newtown block into a busy car wash, which sold in a multi-million dollar auction.

M&G strikes yet another big deal by purchasing a further one-quarter slice in a George Street office tower for about $300m.

Investors have snapped up a Dan Murphy’s, Starbucks, Red Rooster, KFC, Hungry Jack’s and McDonald’s in auctions totalling $160 million.

A Queensland cattle station has been crowned the top property sold at auction in Australia this year by one of the biggest agencies, after it fetched an eye-watering $35m.

In one of the strongest pointers to the direction of central business districts, US group Hines has swooped on a development site in the heart of Melbourne’s CBD and is planning a $1 billion-plus office scheme.