Adelaide Commercial Property News

Property fund manager and developer Charter Hall Group has secured a strong bid of over $250 million for the Australian Taxation Office Building in Adelaide. This article originally appeared on theaustralian.com.au/property.

The Adelaide Casino is set for a $300m transformation after the state’s development authority gave its approval for a major ­expansion. This article originally appeared in theaustralian.com.au/property.

A 281-bed student accommodation facility for sale in Melbourne headlines this week’s major property moves.

Investor hunger for CBD car parking is continuing unabated, with the University of Adelaide netting $25m for an eight-level car park.

A former Tyrepower store in East Perth that is tipped to be snapped up by developers headlines this week’s commercial property moves.

The sale of one of southern Melbourne’s most iconic buildings to European investors headlines this week’s major property moves.

More land for future development is on the Christmas wish-list for Australia’s industrial property market. Market experts believe logistics companies on the hunt for locations close to road, rail and port hubs will help drive the market in 2014.

While recent GDP numbers proved disappointing, there’s a distinct lack of gloom in the CBD office sector, with agents predicting vacancies will fall in 2014.

Paul Thornhill takes a look at Adelaide commercial property and finds lower price points can be leveraged by the shrewd portfolio manager. Adelaide has been battling its challenges of late, but for investors focused on …