Latest Commercial Real Estate News

Billions of dollars worth of property could be sold off by major mall owners Scentre, which runs the local Westfield empire, and rival Vicinity Centres, as they battle a permanent fall off in values, Citi has warned.

Buyers could pay up to $500,000 less for a prominent Newtown site after the owner, who acquired the property last July, went into receivership.

State governments are kickstarting major commercial and residential developments in an attempt to restart economic activity in the recovery phase from the coronavirus.

A partially-complete apartment block in a landmark Port Adelaide building is offering buyers a ready-to-go development project or investment opportunity.

A prime parcel of land on the NSW Tweed Coast, currently home to Australia’s premier outdoor resort, is attracting a frenzy of interest from potential buyers worldwide.

The first vertical school in Greater Springfield offering an international education program could be open by 2024, providing a “town and gown experience” for students.

Melbourne’s world-class hospitality industry could take another huge hit when coronavirus rent relief packages expire later in the year.

Positioned alongside key industrial stakeholders in a thriving industrial precinct is this opportunity to occupy or develop a 9400sqm industrial site.

As COVID-19 restrictions are slowly eased, commercial search activity on realcommercial.com.au has returned to levels reached prior to the pandemic shutdowns.