Brisbane Commercial Property News

Fund manager Trilogy is expanding its interests in the Brisbane commercial property arena, ­announcing it will acquire a near-city office building for $25.5 million.

One of Asia’s wealthiest private groups, Legend Land, an associate of Worldwide Hotels, has plunged into the Sunshine State for the first time, buying Brisbane’s ibis Styles hotel in a deal worth about $100 million. 

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. 

Charter Hall has emerged as the prime contender for the Mary Street tower in Brisbane’s central business district that is being sold by QIC Global Real Estate for about $300 million.

Properties with leases to major supermarket chains are about as prime as it gets in the commercial property market.

Plans for an iconic Brisbane tennis centre, where champions such as Geoff Masters and Wendy Turnbull trained, have been unveiled.

Surging tenant demand has seen net absorption levels across capital city office markets hit the highest level seen since before the global financial crisis.

Discover what lies beyond the doors of some of Brisbane’s most interesting modern and historic properties this weekend with 114 landmark homes and buildings open to the public.

Melbourne leads the growth of new accommodation development with more than 10,200 hotel rooms under construction or approved, followed by Sydney with more than 6000 rooms in the pipeline and Perth with 1755 rooms.