Banks Commercial Property News

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 …

They’re built to last and more often than not they’ve got the best address in town. 

Canadian giant Brookfield Asset Management has finalised a leasing deal to develop one of Melbourne’s largest towers for National Australia Bank, and sell a half-stake in the $800 million project to superannuation fund-backed group ISPT.

Australia’s top banks are shifting their headquarters into glittering new skyscrapers along the eastern seaboard, setting commercial property markets alight at a time when they are also dramatically overhauling their workforces.

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.

National Australia Bank is considering taking space at Lang Walker’s $2.5 billion Collins Square project in Melbourne as it shakes up its office holdings in the city. This article originally appeared on theaustralian.com.au/property.