ACT Commercial Property News

Australian Capital Territory commercial property news, commercial real estate market data, business news and insights.

Canberra offices back in investor frame
Canberra’s office market is again on the radar of local institutions, which wracked up a busy second half in 2017 after foreign buyers had set the early pace.
Canberra government buildings earmarked for hotels, shops
Major development and investment companies have swooped on four properties in the parliamentary triangle precinct in Canberra that were sold off by the federal government for a total of $122.5 million and will be turned into new hotels, shops and office space.
Who’s looking after the federal government’s properties?
The federal government has tapped a series of new providers to manage the commonwealth’s property portfolio as it looks to drive greater efficiencies across its holdings. This article originally appeared on
Canberra’s Garema Centre to make way for $100m luxury hotel
Builder Geocon will develop a $100 million deluxe hotel in the heart of Canberra city after snapping up the Garema Centre in Bunda Street. Geocon managing director Nick Georgalis says tourists and business travellers to …
Canberra almost topples Sydney for office rent growth
Canberra emerged as the surprise best performer of Australia’s office markets last year with the national capital ­second only to Sydney in delivering rent growth in the last quarter. This article originally appeared on
Department of Finance signs on at One Canberra building
Developer the Willemsen Group has signed a multi-million-dollar long-term lease with the Commonwealth Department of Fin­ance for a new office building in Canberra near Parliament House. This article originally appeared on
Dexus puts Canberra’s Customs House up for sale
Dexus Property Group is selling the home of Australia’s Customs Service in Canberra, with expectations the office precinct will fetch more than $85 million.
Abacus to sell off CSIRO headquarters
Abacus Property Group has put the former CSIRO headquarters in Canberra on the block with developers tipped to chase the well-located site and potentially build luxury apartments. This article originally appeared on
3300 homes coming to University of Canberra campus
Developer Peet has struck an agreement to develop 3300 new homes at the University of Canberra in a $1.7 billion project likely to run for up to 20 years. This article originally appeared on
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