Latest Commercial Real Estate News

One of the nation’s biggest shopping centre landlords, Scentre Group, has offered a minor concession to retailers, saying it will work with them in the current coronavirus pandemic crisis that has turned many centres into ghost towns and sent retail sales off a cliff.

The country’s largest residential developer Stockland has forged into Melbourne’s apartment market with the acquisition of a $15 million site in Brunswick.

Listed property investment and funds group GDI is stepping up its push into the Perth market and is in talks to buy the city’s Durack Centre that diversified major Stockland put on the block for about $110 million last year.

GPT and partner AMP Capital are pressing ahead with dramatic plans for a fourth tower at Sydney’s Darling Park complex after a design competition for the waterfront precinct selected top Danish firm Henning Larsen.

Direct property investments in areas like High St, Belmont are making more sense for buyers watching interest rates and share market values wane. Five buyers contested the home to Bendigo Bank’s Belmont branch at 142-146 High …

Developers have placed $60 million price hopes on the first stage of the Armstrong Creek Town Centre.

It may look a little odd, but there is a good reason why this building in Kenthurst, which has just sold for $2.52 million, has very few windows.

Mindil Beach Casino Resort’s plans to pave a carpark over their luscious front lawns are set to be approved by council this week, despite possible impacts on the surrounding environment.

Brisbane’s office leasing market is locking in its status as the nation’s most active as a series of deals is struck, with Investa Property Group and Charter Hall in talks with investment house QIC Global Real Estate to anchor their planned tower in the city and ­potentially take a slice in the ­development.