Adelaide Commercial Property News

A multimillion dollar upgrade of a Waymouth St office building and the imminent arrival of thousands of office workers in a nearby tower mark the continuing shift of Adelaide’s office heart, according to Adelaide leasing agents.

One of North Adelaide’s best-known buildings has returned to the market for offers over $2 million, after failing to sell at its hour-long auction.

German investment house Real I.S. has swooped on a Waymouth St office block in the Adelaide CBD for $85 million on behalf of a group of institutions that have mandated it to build up a $400 million portfolio.

Adelaide’s retail investment market is hotting up after a shopping complex in the city’s north went under the hammer for more than $21 million.

It looks like your every-day shop front from the outside. But step inside Semaphore’s first Apothecary to discover a property nothing short of the ordinary.

Kaufland has turned the sod on its first store in South Australia, with plans in the pipeline for another two.

After a failed auction and more than 70 days on the market, the Adelaide clubrooms of a notorious outlaw bikie gang have finally sold.

Singapore’s Soilbuild REIT has extended its office empire in Australia by purchasing a $134.22 million tower in Adelaide’s central business district from Credit Suisse’s asset management arm.

An original part of the Port Wakefield 1955 Grand Prix Circuit — where Jack Brabham won his first Grand Prix race – has sold to an interstate buyer at auction.