Latest Commercial Real Estate News

What will be the impact of the current variant of the coronavirus, COVID-19, on the office property market cycles? The reality is that we don’t really know yet how bad the virus will be, let alone the impact. But what seems clear is that it will spread widely and burn out.

As listed travel companies respond to declining forward international travel demand by suspending guidance, hotel owners and investors yesterday came out swinging, announcing major acquisitions and refurbishments across the globe.

Australia’s retail woes have claimed another victim, with travel chain Flight Centre announcing it will shut 100 stores in the wake of the Coronavirus outbreak.

Shopping mall owners say the collapse of stationery chain kikki.K will not dent profits, despite a summer retail season littered with retail chains going bust.

If you’re into pubs and retail, you’re clearly not alone in Australia’s commercial property market. Licensed venues and retail properties have dominated this week’s most-viewed listings on Realcommercial, with a number of new entrants already …

Oscar Ledlin went from washing dishes in a Thai restaurant at the age of 14, to pushing barrows of concrete at 18, to building a multimillion-dollar commercial construction company by 21.

A landmark hotel once dubbed the “pride of Ballarat” by American novelist Mark Twain will stay open for business in the heart of town.

Sorrento’s Continental Hotel is back on the market, with receivers having taken over the landmark property after repeated issues with its $100 million redevelopment.

A prime Wantirna South corner site has been relisted with planning permits for a high-rise residential and commercial development.