Latest Commercial Real Estate News

A private buyer has swooped on an office block in Sydney’s central precinct for close to $80m, with the deal being finalised in a sign that wealthy players are willing to step up even if institutions pull back.

From landmark Melbourne offices to secret Sydney bars, this week’s most viewed properties on Realcommercial runs the full gamut of commercial opportunities. Here are the top-performing and most popular properties in each state. VIC – …

Logistics property has kept its ­status as an investment darling as distribution centres play a crucial role in distributing goods to strapped supermarkets and direct to house-bound customers.

One of the nation’s biggest shopping centre landlords, Scentre Group, has offered a minor concession to retailers, saying it will work with them in the current coronavirus pandemic crisis that has turned many centres into ghost towns and sent retail sales off a cliff.

The country’s largest residential developer Stockland has forged into Melbourne’s apartment market with the acquisition of a $15 million site in Brunswick.

Listed property investment and funds group GDI is stepping up its push into the Perth market and is in talks to buy the city’s Durack Centre that diversified major Stockland put on the block for about $110 million last year.

GPT and partner AMP Capital are pressing ahead with dramatic plans for a fourth tower at Sydney’s Darling Park complex after a design competition for the waterfront precinct selected top Danish firm Henning Larsen.

Direct property investments in areas like High St, Belmont are making more sense for buyers watching interest rates and share market values wane. Five buyers contested the home to Bendigo Bank’s Belmont branch at 142-146 High …

Developers have placed $60 million price hopes on the first stage of the Armstrong Creek Town Centre.