Latest Commercial Real Estate News

Singapore’s Keppel Capital has emerged as the latest suitor to target a stake in the $500 million-plus office tower at Circular Quay that Chinese group Poly Global has kicked off, ahead of locking in a tenant.

Macau’s hotels are running at a paltry 3% occupancy while Hong Kong’s resorts and hotels are down to 25%.

The national boom in pubs has stepped up a notch with a series of transactions struck in major cities as long-time publican families and listed companies trade properties with strong gaming revenues.

Gaming heavyweight Star Entertainment has tapped Macquarie Capital to sell the car park concession at its Sydney casino in a move that could reap more than $200 million.

An investment opportunity has arisen with the mixed business and property sale of the Wyongah general store and post office.

A regional Victorian primary school that closed in 2013 — months before being promised a $220,000 funding boost off the back of the Gonski Review — is being sold off.

Camden’s Argyle Street Arcade, a strip of shops in Sydney’s south west with a net lettable area of 888.5sqm, has been listed for March auction.

The former home of KeepCup is up for sale in the environmentally conscious inner north.

It’s all happening in the sunshine state, with the sheer variety of commercial property types topping our list of the week’s most viewed Queensland properties a telling insight into just how widely investor tastes run. …