Latest Commercial Real Estate News

The Lowy family-backed Assembly Funds Management has teamed up with a company run by a scion of Melbourne’s Buxton family to buy a shopping centre in the city’s northwestern suburb of Sunshine for $39 million.

Shopping centre landlords face a steep fall in rents of about 20% when the Morrison government’s stimulus package ends later this year, according to Morgan Stanley analysts.

Mental health organisations are pooling their resources in a bid to buy a mothballed hospital amid fears Victoria won’t cope with a looming mental health crisis.

The great retail property sell-off in the wake of the coronavirus crisis is likely to be kicked off by two of the best assets in the country, the David Jones flagship stores in Sydney and Melbourne.

Australia’s largest student accommodation group wants a “controlled” program to allow foreign students into the country to help stimulate an economic recovery in the education sector.

Geelong’s front line in battling the COVID-19 pandemic could provide a boost to the owners of a major city medical centre who have listed it for sale.

One of the largest privately-owned properties on Tamborine Mountain in the Gold Coast Hinterland has hit the market for the first time in 100 years.

Hotelier Dr Jerry Schwartz is attempting to develop a helipad atop his 38-level hotel in Darling Harbour, arguing its construction will help revive the Sydney CBD economy.

An opportunity to control a four-storey office and retail building in Sydney’s upper north shore has emerged, with a Hornsby building – home to an Officeworks outlet – on the market.