Commercial Property News about Bunnings

They’re one of Australia’s most popular commercial property investments, so Bunnings-leased properties don’t tend to come cheap. Many Bunnings stores sell for well in excess of $10 million, with some selling for as much as $40 …

A new Bunnings Warehouse still months away from being completed in regional Victoria will be the first Bunnings to be owned by a Chinese investor, after selling on a record yield.

Bunnings will leave seven of its stores to swoop on sites previously occupied by Masters, as the fallout from Masters’ failed home improvement division continues.

Charter Hall Group will forge ahead with plans to list a specialist real estate investment trust backed by about $1.3 billion worth of property, despite investors voting not to roll over into the new vehicle. This article originally appeared on theaustralian.com.au/property.

What does record low interest rates, solid yields and fierce competition in metropolitan areas mean for investors? They’re moving into regional Australia.