Latest Commercial Real Estate News

Grammy-nominated singer Akon is confirmed to be building a futuristic city in Senegal – described as a “real life Wakanda” – and base its economy around a new virtual currency named after himself.

Demolition work on the Belcher’s Corner building could create one of the city’s most sought-after high-rise development sites, according to a commercial real estate agent.

Birchgrove’s famed William Wallace Hotel is now under the control of an investment group after a secret sale.

The Paddington building housing the famous Italian restaurant, Lucios, has hit the market.

Increased focus on sustainability has led to Sydney and Melbourne falling in their rankings as globally attractive cities for real estate investment.

The idea of owning a man cave or sanctuary — where wealthy buyers can store their prized ­Maseratis or Ferraris, operate small businesses or set up an ­office or studio — has caught on in the Gold Coast, with developers selling twin spaces in a new Burleigh Heads development.

The state’s planning tribunal has dealt another blow to a proposed $30 million development at the site of the Welcome Stranger hotel in central Hobart.

A booming inner west suburb is set for further apartment development with a DA approved 1998sqm block hitting the market.

Some of Victoria’s most renowned pubs, shops and clubs were among the most notable commercial listings on the market in 2019.