ACT Commercial Property News

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

News
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 …
News
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 theaustralian.com.au/property.
News
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 www.theaustralian.com.au/property.
News
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.
News
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 theaustralian.com.au/property.
News
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 theaustralian.com.au/property.
News
Canberra’s bumper year paves way for office tower sale
A seven-year high for Canberra commercial property has prompted the sale of a prominent Hume Property Partners-owned CBD office tower.
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Famous Fyshwick Markets sold for $42m
Canberra’s iconic Fyshwick Fishwyck Fresh Food Markets have been sold for $42 million, proving a bit of local knowledge can go a long way.
News
Canberra market gathers steam with $75m Tuggeranong sale
The Canberra office market is coming back to life, with the Juilliard Group swooping on a group of government-leased buildings in Tuggeranong. This article originally appeared in theaustralian.com.au/property.
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