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Most-viewed: Australia’s number one Sizzler up for lease as restaurant moves on
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Most-viewed: Australia’s number one Sizzler up for lease as restaurant moves on
It might not be the culinary juggernaut it once was, but Sizzler still knows how to draw a crowd, with one of the restaurant’s Queensland venues becoming the most-viewed commercial property in the country over …
Famed Morning Star estate sold to international buyer
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Famed Morning Star estate sold to international buyer
An international businessman has snapped up Mount Eliza’s famed Morning Star estate, about three months after it hit the market for $40m. The mystery man with “property interests around the world” fought off competition from …
Major retailer sets $8.7m aside to close 350 stores
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Major retailer sets $8.7m aside to close 350 stores
Solomon Lew has added some teeth to his years of threats of walking away from bricks-and-mortar stores unless rents are lowered to reflect the new realities of shopping behaviour, with his Premier Investments booking $8.7m in charges to prepare for the possible closure of 350 stores across Australia and New Zealand.
2000-room hotel portfolio on offer in $600m COVID sale
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2000-room hotel portfolio on offer in $600m COVID sale
Two of the nation’s largest hotel portfolios have simultaneously hit the market with the Mirvac and NRMA Tucker Box Hotel Group joint venture on offer at around $600m, as hotel profits continue to plunge.
Singapore fund bets big on Australian e-commerce warehouses
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Singapore fund bets big on Australian e-commerce warehouses
Singapore’s sovereign wealth fund has emerged as one of the biggest commercial real estate investors of the coronavirus crisis and is doubling down on its bet on Australia’s shift to ­e-commerce.
Deal well received as 200 Ampol servos sold
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Deal well received as 200 Ampol servos sold
Charter Hall’s acquisition of a $682m stake in the Ampol petrol stations with partner GIC has been well received by some analysts, who say the price paid is less than expected.
Triple the opportunity at neighbouring Morphett Vale homes
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Triple the opportunity at neighbouring Morphett Vale homes
Three neighbouring properties home to a school are offering prospective buyers a lucrative investment opportunity.
Balmain’s largest waterfront property listed for first time in 90 years
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Balmain’s largest waterfront property listed for first time in 90 years
The largest waterfront property on the Balmain peninsula is set to rewrite local property records after coming up for sale for the first time in 90 years.
September 28th REA Insights Weekly Commercial Search Report, 2020
Market Insights
September 28th REA Insights Weekly Commercial Search Report, 2020
For the third consecutive week both for sale and lease search volumes have increased on realcommercial.com.au. Last week there was a 2.6 per cent increase in for sales search volumes, which was the third consecutive …
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