Latest Commercial Real Estate News

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.

Lawyers are circling Dexus’s new office tower in the heart of Melbourne’s central business district, with leading law firm Ashurst the latest to sign a deal to make the move to the developer’s premium project.

The Salvation Army stands to earn up to $8 million from the sale of conference centre in prime Geelong parkland.

On balance, last year was a positive one for real estate investors. The risks and rewards became clearer as central banks responded to sluggish growth and improving capital values benefited from low interest rates. We also saw risks on the demand side rising as consumer and business confidence hit record lows. With this in mind, where next for the new year?

Investment bank Moelis has settled its purchase of the landmark Beach Hotel in Byron Bay, saying it could follow up the $104m acquisition with more pub buys.