Latest Commercial Real Estate News

Investors are still in the market for offices and retail on both the sale and leasing markets, with both featuring heavily amongst Realcommercial’s most-viewed listings of the week. A Queensland office building seeking a quick …

Rural and agricultural properties have seen a surge in buyer interest in the early stages of the coronavirus crisis, as investors seek industries well placed to ride out the storm.

Two of the best known names in property, the listed Dexus and Singapore’s Government Investment Corporation, are teaming up to buy a half stake in Melbourne’s Rialto complex in a deal that values the twin tower skyscraper at about $1.3 billion.

Racing greats are among horse-lovers who have given the Victorian Equestrian Centre for sale in Beaconsfield Upper the seal of approval.

A Melbourne shopping centre more than 12 months from completion was Realcommercial’s unlikely runaway top property last week, while industrial assets continue to gather steam as online shopping takes hold.

Shopping centre owners and tenants have been urged to quickly come to a fresh agreement that includes sharing the pain of losses suffered during the coronavirus crisis after federal cabinet rejected an initial scheme developed by retailers and landlords in a surprise move on Friday.

Prime Minister Scott Morrison and Treasurer Josh Frydenberg were getting the same message as me: an all out, no holds barred “dog-eat-dog” war had broken out between commercial tenants and landlords.

The son of artist Ken Done, Oscar Done, has snapped up a block of flats in Randwick for $11.5 million, $500,000 over reserve.

Plans for a three-storey aged care development on a prominent Highton site look set to go ahead after it sold for $3.6 million.