Latest Commercial Real Estate News

Wall Street giant KKR is circling Melbourne’s much-loved Espy Hotel in St Kilda.

Perth funds manager Realside is making a major play in Adelaide’s office market in which it will pick up a half-stake in four buildings worth $200m from Pep Rocca’s private funds business.

Mirvac has outlined plans for a dramatic $1 billion revamp of the Harbourside Shopping Centre at Darling Harbour via the NSW government’s controversial unsolicited proposals scheme.

Boutique property manager Centennial Property has swooped on the former City Ford site in the inner Sydney suburb of Woolloomooloo in a $104 million deal that gives it control of a prime mixed-use building.

The historic Parkville post office and postmaster’s residence is seeking the stamp of approval of a cashed-up buyer.

After selling their Point Clare church last year, The Anglican Diocese of Newcastle have now listed St Andrews at Umina Beach.

German supermarket discounter Kaufland’s shock decision to abandon the Australian market – quitting before opening a single store, after devoting almost $500 million to the launch – is a positive for the grocery sector, with Coles and Metcash the biggest winners as they were viewed as most likely to lose market share to the foreign entrant.

Cheap finance, a strong leasing market, and global instability made Australian commercial property attractive for investors in 2019.

A home that encourages you to leave it behind and see the world is coming to the banks of the Yarra River.