Banks Commercial Property News

Investor eyes are on regional Victoria amid cooler Melbourne market conditions and following a Federal Budget tipped to boost towns and cities outside the state capital.

A Rosebud beachside shop leased to National Australia Bank is the latest Mornington Peninsula property to sell on a skinny yield, proving that investor interest in the holiday hotspot is more than just a summer fling.

The Bank of Sydney has swooped on a Pitt St office block in the heart of Sydney’s central business district, buying the complex from Kingsmede for about $50 million.

A bank on a Rosebud strip dubbed the “Golden Mile” is on the market, offering a rare Mornington Peninsula beachside opportunity. The NAB-leased property at 1053-1055 Point Nepean Rd will be auctioned on December 7, …

The listed Growthpoint Properties Australia is stepping up its push into resources capitals, with the trust looking to buy the Bank of Queensland building in Brisbane in a deal that could top $200 million. 

An investor has splashed significant cash on a retail site in Clayton, buying the building a whopping $1.3 million over reserve. 

A formerly grand old bank building could become the latest city landmark to undergo an apartment-driven conversion after going on the market. The three-storey building at 130 Moorabool St, Geelong, was home to the Commercial Bank …

Commonwealth Bank has issued a major space requirement in Sydney’s central business district in a move viewed as a precursor to the spin-off of its wealth management and mortgage broking businesses.

Dreams of owning a bank don’t have to be limited to corporate high flyers — and they can be realised for under $500,000 in country Victoria. The circa 1879 former Bank of Australasia (ANZ) at …