Latest Commercial Real Estate News

Property and investment house Mayfair 101’s hopes of transforming Dunk Island into a $1.5bn tourism mecca appear to be in tatters, after the Federal Court appointed Grant Thornton as provisional liquidators of key parts of its empire.

Savvy buyers are gearing up to have a crack at a rare shop front in the heart of the Newtown’s King St.

Blue-chip companies and advisory firms are seeking to sublease space in key city towers as the coronavirus crisis hits home for corporate Australia.

Central, the technology precinct emerging around Sydney’s Central Station, has taken a forward step with top local and international architects appointed to build a $2.5bn project for Dexus and Frasers.

Cashed-up Chinese investors appear to be the fall guys in the collapse of the iProsperity real estate group, which has creditors owed at least $185m, according to documents filed with the corporate regulator.

There is plenty of upside for investors to a Geeloong warehouse leased to a national supplier of interior design products, soft furnishing textiles and window furnishing products.

The SCA Property Group, that owns supermarkets and small shopping centres, has become the latest trust to be slugged by ongoing uncertainty driven by the second wave of the coronavirus in Melbourne.

Sometimes a commercial property hits the market that’s so unusual or iconic it has to be seen to be believed.

The uncertainty generated by Melbourne’s second lockdown will drag on the retail landlords exposed to the Victorian capital with many still dealing with outstanding rent disputes from the first lockdown with heavyweight GPT Group warning of a deep impact of the strict regime.