Latest Commercial Real Estate News

German funds manager Deka Immobilien is targeting the purchase of Brisbane’s 66 Eagle St complex for about $370 million, with the play again highlighting the city’s appeal to global investors.

North Sydney is being pitched as the city’s next prime location for office tenants as the area gears up for a wave of new development, with the listed Lendlease looking to set fresh benchmarks with a planned $1 billion tower.

Industrial property is one of the least understood sectors in real estate as few people interact with it on a day-to-day basis.

The Salvation Army have revealed plans to sell a community hall in Sydney’s inner west that has been under their ownership for more than a century.

It was once an infamous den of iniquity dealing in pleasure and pain, boasting a sordid dungeon and bondage equipment.

Chinese property developer Poly Global is circling a new site in the Sydney CBD with the company in pole position to buy a Goulburn Street office tower for about $260 million.

A Melbourne property syndicate has bought Corio Central shopping centre in a $101 million deal.

The acquisitive Charter Hall has put its belief in the suburban office markets of Sydney on display, unveiling a deal backed by Singapore’s sovereign wealth fund to buy the Jessie Street Centre in Parramatta for about $415 million.

The listed Elanor is looking to capitalise on a surge in interest in wildlife parks from local and international visitors by bundling its holdings into a $49 million fund it plans to expand.