Latest Commercial Real Estate News

Costco is set to ramp up it’s Australian retail offering with the launch of online shopping and delivery.

Property fund managers are snapping up neighbourhood shopping centres that can be repositioned to boost their performance, with Stirling Property Funds targeting The Junction in Newcastle for about $46 million.

The pick up in momentum in the retail property sector in the latter half of 2019 points to a strong year ahead as investment funds continue to look for strategic opportunities, JLL’s Shopping Centre Investment Report says.

Property developer Mirvac has inked a deal to acquire the Nine Network head office site in Sydney, once dubbed the “home of television”, for about $249m, in a sign the developer believes the residential cycle will swing upward.

A garden enthusiast’s prayers have been answered after she outlasted four other bidders to buy Birregurra’s historic Uniting Church building at auction.

Shannon Bennett’s Richmond burger joint will make way for another tasty tenant in the heart of Swan St.

The home of Melbourne’s iconic Skipping Girl Vinegar sign is up for grabs and is expected to skip past $20 million.

German supermarket giant Aldi giant has become the latest company to capitalise on the boom in logistics property deals and has tapped real estate firm JLL to offer a $700m portfolio of warehouses.

Kmart has stunned shoppers in Melbourne’s inner north with the announcement that it will shut its Northcote store after almost 40 years.