Latest Commercial Real Estate News

German investment house Allianz is defying fears about the virus crisis crippling the student accommodation market and has snapped up a pair of student housing buildings in the heart of Melbourne for almost $460 million.

It has been an interesting process looking back to mid-March when the COVID-19 lockdowns began, to see what I expected the impact would be on each commercial property sector.

The volume of searches on realcommercial.com.au for properties for sale and for rent fell last week. For sale searches slid by -1.2 per cent, marking just the second weekly fall in search volumes over the …

Multi-billionaire developer Harry Triguboff will stimulate the embattled tourism economy by reopening 10 of his serviced apartment towers in NSW or Queensland each week for the next 10 weeks, but he says people must get back to work.

The future of a large industrial site at Auburn will be revealed in the coming months, after a Sydney hotel developer bought the property at auction. The private developer paid $4.2 million for the warehouse …

A Malaysian developer has splashed $43 million to buy out a prominent Melbourne car dealership with plans to turn it into an apartment tower.

Commercial property investors have shown their readiness to jump back into the market in the wake of the COVID-19, with 13 properties sold at Burgess Rawson’s first auction since the pandemic reached Australia. Only two …

Investment bank Macquarie Group is again negotiating to sell an under-construction skyscraper in the heart of Sydney that it is developing above the new Martin Place metro station that it was close to selling for almost $1bn before the coronavirus crisis struck.

The final days of a campaign to sell a Dan Murphy’s in Melbourne’s outer east saw a flurry of activity online, with the Chirnside Park property again among Australia’s most-viewed. And a sale for the …