Adelaide Commercial Property News

Adelaide commercial property news, commercial real estate market data, business news and insights.

News
Axiom to offload half of Adelaide shopping centre
Listed developer Axiom Properties is selling its half-stake in the Churchill Centre North shopping centre in Adelaide’s northern suburbs for $42.5 million but will keep some exposure to the property.
News
Centuria set to pay $190m for Adelaide tower
The acquisitive Centuria Capital Group has edged ahead of West Australian funds manager Primewest in the race to secure the prime position to buy an Adelaide office tower that US group Blackstone is selling for about $190 million.
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Adelaide’s Daniel O’Connell Hotel ready to shift gears
Brenton Griguol is hoping the luck of the Irish rubs off on him as he takes North Adelaide’s former The Daniel O’Connell Hotel in a bold new direction.
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Aussie brands back in Aussie hands
A $4 million factory overhaul and new warehousing facilities are part of an Adelaide company’s expansion that will see one of Australia’s most popular chocolate bars back in Australian hands.
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SA outlook: Investors to cast eyes south in 2018
Agents in South Australia say investors are already pinpointing the southern state as a major target for 2018, with more attractive yields on offer than what they can find on the eastern seaboard.
News
Holden site redevelopment to be named “Lionsgate”
Pelligra Group has been named as the buyer of Holden’s former manufacturing site in Adelaide’s north but the Melbourne-based development company will not take control of the land until mid-2019 when decommissioning has been completed. 
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Holden’s Adelaide site to become $250m business park
The former General Motors Holden site in Adelaide is set to be transformed into one of Australia’s largest business hubs, after its purchase by the Pelligra Group.
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Proposed Kangaroo Island golf course set to grow
A prime stretch of coastal land on the southeast coast of Kangaroo Island is likely to be incorporated into a planned international-standard golf course development.
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Buy a Bunnings store without the Bunnings price
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.
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