Latest Commercial Real Estate News

A major mixed residential-commercial development featuring 97 apartments and 11 retailers is set to transform a southern Tasmanian suburb and become a prime retail hub.

An opulent hotel development fronting Sydney’s Hyde Park is about to hit the market in a move that will help spark a larger $1 billion-plus project by the listed Dexus Property Group and billionaire Stan Perron.

QIC Global Real Estate is poised to bring a $300 million Mary St tower occupied by the Queensland government to market. It will be one of the ­largest buildings offered in Brisbane this year. 

Four buyers were keen to put their stamp on a rare opportunity to secure a retail site in Newtown’s Pakington St retail strip.

The final unit blocks in Sydney’s Millers Point sold under the hammer for $8.675 million earlier this week.

Vision Australia has sold its office and warehouse site in Melbourne’s inner west for about $35 million, and the site could be transformed into an eight-storey apartment block.

Funds manager AMP Capital has tightened its grip on the Sydney precinct surrounding Wynyard station, buying half stakes in two buildings in Carrington St worth about $500 million in their entirety.

Beloved live music hub the East Brunswick Hotel has reopened, following its $4.84 million sale in December. 

A Hong Kong buyer has splashed $12.5 million on a medical supersite in Caroline Springs – the highest price paid for a medical centre in Melbourne so far this year.