Latest Commercial Real Estate News

Singapore-based SC Capital has swooped on Canberra’s Finlay Crisp Centre — sold off by Dexus — for about $62 million and will undertake a major overhaul.

ingapore-listed AIMS AMP Capital Industrial REIT has swooped on the local headquarters of surfwear maker Boardriders, Inc. in the Gold Coast suburb of Burleigh Heads, sweeping up the property for $38.46 million.

The pile of shopping centres hitting the market is rising with the GPT Group joining Vicinity Centres and Challenger in putting an asset to market this week, with a property in Sydney’s Leichhardt on the block for about $150 million.

Industrial developer Pelligra Group has reached a deal with Ford Australia to purchase the car manufacturer’s former sites in Melbourne’s Geelong and Broadmeadows, marking the industrial precincts for urban renewal.

Luxury jewellery brands Tiffany & Co and Kailis Jewellery are among high-end retailers taking up space in Charter Hall’s Raine Square development in Perth.

Pub baron Justin Hemmes has opened up to the Wentworth Courier exclusively about why he sold an iconic Potts Point site, owned by his famous family for 31 years for more than $13 million.

The home of the Geelong Advertiser for more than 60 years is set to become new digs for the city’s university students.

The commercial real estate market has received a ringing endorsement at Burgess Rawson’s latest Investment Portfolio Auction, with buyers out in force and driving a stunning clearance rate of almost 86%.

AFL club Greater Western Sydney Giants has leased a little office space a mere hop and a skip from Marvel Stadium and AFL House at Docklands.