Latest Commercial Real Estate News

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Investor grabs a hold of Sydney rock climbing centre
News
Investor grabs a hold of Sydney rock climbing centre
An indoor climbing centre on Sydney’s Northern Beaches has rocked the commercial property market, having been snapped up for $4.87 million.
Do offices need better air filtration to stop virus spread?
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Do offices need better air filtration to stop virus spread?
Commercial property owners are being urged to look into air filtration systems that can keep workers safe from coronavirus and other illnesses into the future.
Home of SA fantasy kingdom returns to market
News
Home of SA fantasy kingdom returns to market
The long-time home of a fantasy kingdom in a small regional South Australian town is back on the market. The neighbouring Penola properties at 38-40 Riddoch Street, more commonly known as The Magical and Colourful …
Abandoned pub in Tasmanian ghost town has new owner
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Abandoned pub in Tasmanian ghost town has new owner
The concrete shell of the Royal Hotel in the ghost town of Linda on Tasmania’s West Coast has a new owner.
Sisters of Mercy sell historic Brisbane laundry to residential developer
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Sisters of Mercy sell historic Brisbane laundry to residential developer
Brisbane’s newest masterplanned inner city community will go ahead at the site of a historic convent after nuns agreed to hand it over to developers.
Developers increase calls for Victorian COVID-19 stimulus
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Developers increase calls for Victorian COVID-19 stimulus
Property developers have stepped up calls for the Victorian government to move quickly to stimulate building projects or risk the state’s key growth engine stalling.
Shopping centre giant lifts demands for rent collection
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Shopping centre giant lifts demands for rent collection
Scentre Group, owner of the local Westfield empire, has fired a fresh shot in the broader battle between landlords and tenants, saying it has collected 86% of rents in August.
Coronavirus damage to linger in tourism industry
News
Coronavirus damage to linger in tourism industry
Tourism bosses are concerned about losing an entire generation of the sector’s labour force as redundant travel agents, pilots and hoteliers pivot into alternative industries because of the COVID-19 pandemic.
REA Insights Commercial Property Snapshot, September 2020
Market Insights
REA Insights Commercial Property Snapshot, September 2020
Despite a difficult economic environment and ongoing health crisis, demand for commercial property remains resilient, with strong year-on-year growth in search volumes and views per listing. The ‘Buy’ section of realcommercial.com.au even saw a record …
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