Latest Commercial Real Estate News

Residential development is being touted for the Sydney Conference and Training Centre on the northern beaches.

Average retail rents at shopping centre properties owned by listed mall giants Scentre Group and Vicinity Centres will be clipped by 15 to 18% compared to pre-COVID levels as stores close, consumers continue to shift to online shopping and the “new normal” of social distancing measures takes hold, according to analysis from Morgan Stanley.

A small, private island at the southern end of the Great Barrier Reef has hit the market for the first time in 17 years, with the slice of tropical living coming with a price tag of $25 million.

More than 250 land bankers and developers are eyeing a significant land parcel on a major thoroughfare to the Western Sydney Airport and Aerotropolis.

The next six weeks will be critical for Melbourne’s commercial property market at it waits to learn the full impact of the city’s second coronavirus lockdown. REA Group chief economist Nerida Conisbee says maintaining consumer …

A discount chemist in Melbourne’s south-east could provide real value for investors, with the property’s location and potential affordable price point already proving a hit. The Direct Chemist Outlet at 1146-1148 North Road in Oakleigh …

The largest development opportunity to grace the inner west in more than a decade is set to see a 3.14ha industrial site transformed into high density apartments.

Two Sydney shopping centres have been sold off in a pandemic double deal worth more than $91 million.

Childcare is big business and investors continue open their wallets for the asset class, with a Melbourne centre snapped up for $11.5 million. The Footscray Nino Early Learning Adventures Centre, is  Australia’s first childcare centre sold to …