News about building Commercial Property

The latest news about building commercial property, commercial real estate market data, business news and insights.

Major builder Probuild hoping for a saviour after going into administration
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Major builder Probuild hoping for a saviour after going into administration
Probuild, one of Australia’s largest construction companies, hopes to find a new owner after going into voluntary administration.
HOTA vertical gallery visually makes its mark on the Gold Coast
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HOTA vertical gallery visually makes its mark on the Gold Coast
Loud and proud the Gold Coast’s brand new $60.5 million HOTA Gallery is designed as a beacon to attract visitors – but meander through from ground floor up, and you’re doing it all wrong.
Residential wane is commercial property’s gain
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Residential wane is commercial property’s gain
Master Builders Australia has forecast that commercial construction will carry the industry through a residential building downturn this year. 
Council gives green light for Perth Plus tower
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Council gives green light for Perth Plus tower
Canadian giant Brookfield is advancing the development of Perth’s tallest tower at the gateway of the city’s $2.6 billion Elizabeth Quay precinct, winning council backing for the architecturally striking project. This article originally appeared on theaustralian.com.au/property.
Sunshine Library site sparks auction ‘frenzy’
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Sunshine Library site sparks auction ‘frenzy’
Brimbank City Council is set to pocket $4.6 million from the sale of the vacant site of the former Sunshine Library.
Building allowance: how 2.5% can become 4%
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Building allowance: how 2.5% can become 4%
The 2.5% Building Allowance deduction is something most property investors already know about. However there’s also a 4% Building Allowance available for some buildings. The Building Allowance (sometimes referred to as the Capital Works Deduction) …
Glen Waverley developments dubbed ‘Chapel St on steroids’
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Glen Waverley developments dubbed ‘Chapel St on steroids’
Glen Waverley’s credentials as one of Melbourne’s most vibrant destinations could soon rise to new heights.
Heritage Hotel moves on from Rocky year
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Heritage Hotel moves on from Rocky year
The iconic 110-year-old Heritage Hotel in Rockhampton is to go under the auctioneer’s hammer in November.
Building becomes new black for commercial investors
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Building becomes new black for commercial investors
A new report suggests building commercial property could deliver more bang for an investors’ buck than buying.
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