Latest Commercial Real Estate News

The shopping centre industry has been rocked by the collapse of a series of retail chains and the poor start to the year, with consumer confidence hampered by bushfires and the new coronavirus.

Global house Invesco has stamped its authority on Perth’s property market with the purchase of a half-stake in an $800 million skyscraper being developed by Canadian giant Brookfield as the headquarters of oil and gas giant Chevron.

Diversified property group Stockland has unveiled two new tenants for its recently completed KeyWest Distribution Centre.

Geelong’s Hamilton Group has bought the Dimmeys building in Lt Malop St.

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.