Adelaide Commercial Property News

Tell an investor a property leased to Bunnings Warehouse is for sale and immediately they’ll be expecting to pay big bucks for a tight yield.

A flood of overseas interest in an iconic building on Rundle St in Adelaide could see the property land in the hands of Russian, Chinese, Singaporean or Dubai developers. The building at 272 Rundle St, which …

An investment group has paid $180 million for four Bunnings Warehouse stores across Australia and New Zealand, three of which were yet to sell a single item. Such is the demand for properties leased to …

Property group Dexus and office partner CPP Investment Board have put Adelaide’s ANZ House on the block with expectations of reaping about $200 million.

Germany’s Kaufland has confounded industry expectations by snapping up a site in Adelaide as it looks to forge into Australia’s fiercely competitive grocery market.

Developers are expected to circle Adelaide’s Wakefield Hospital and Clinic, with the private CBD facility on the market with a big price tag.

Adelaide is now on par with Sydney and Melbourne when it comes to demand from larger businesses seeking office space, according to research from commercial agency Colliers International.

Singapore-listed developer Wee Hur has created a specific trust to fund and build 5000 student accommodation beds in Australia’s major cities, using its existing Brisbane and Adelaide sites as the first tranche. This article originally appeared on theaustralian.com.au/property.

South Australia’s commercial property market is set to heat up with new legislation likely to make it the nation’s most competitive.