Latest Commercial Real Estate News

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November 9th REA Insights Weekly Commercial Search Report, 2020
Market Insights
November 9th REA Insights Weekly Commercial Search Report, 2020
For sale and lease search volumes recorded another moderate fall last week. The latest realcommercial.com.au data shows that the volume of buyer searches fell for the second consecutive week last week, down -1.0 per cent. …
Workers return to Australian CBDs in growing numbers
News
Workers return to Australian CBDs in growing numbers
Workers are increasingly making the commute back to CBD offices, with most markets seeing a rise in occupancy last month.
REA Insights Commercial Property Snapshot, November 2020
Market Insights
REA Insights Commercial Property Snapshot, November 2020
One thing is clear – Australia is hawkishly watching the commercial real estate market. Searches for commercial property for sale on realcommercial.com.au hit an all-time high in October, while lease searches continue to surge. The …
Westfield rent collection lifts to 96% despite disputes
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Westfield rent collection lifts to 96% despite disputes
Local Westfield owner the Scentre Group is reaping more rent from its malls as it recovers from the coronavirus crisis but is still in dispute with about 11% of its retailers over concessions they are seeking to cover the worst of the pandemic.
Goodman Group rides e-commerce boom
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Goodman Group rides e-commerce boom
Goodman is riding the global tide of e-commerce and has lifted its property funds empire to $51.7bn of industrial assets and stepped up development on expectations of a global recovery.
Overseas investors swoop on Sydney office opportunities
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Overseas investors swoop on Sydney office opportunities
Sydney office buildings are proving the surprise packet of the coronavirus crisis, with deep-pocketed offshore investors and local private buyers looking to snap up at least $500m worth of office blocks.
Investors to fill up as six servos go to auction
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Investors to fill up as six servos go to auction
Investors can fill up on service station investments next month when a string of retail fuel properties are put on the block.
Qatar Airways plans Sydney hotel purchase
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Qatar Airways plans Sydney hotel purchase
Middle Eastern airline Qatar Airways is showing its confidence in the Australian market by looking to purchase Sydney’s Primus Hotel for close to $140m.
Macquarie Group sells out of $12bn Investa office empire
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Macquarie Group sells out of $12bn Investa office empire
Macquarie Group has sold out of the Investa Property Group platform, bringing to an end its involvement in the battle over control of the $12bn office property empire.
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