Business News

Retail and office landlords have led the listed property sector over the calendar year to date as investors search for yield and the stability of landlords with long-dated tenants. This article originally appeared on theaustralian.com.au/property.

Iconic Adelaide furniture store Le Cornu will close its doors later this year, as the search continues for a buyer for its Keswick site.

The white-hot market for Bunnings Warehouse outlets will face another litmus test, with the first Bunnings store offered for sale in Victoria in more than six months.

With the fate of Australia’s leadership hanging in the balance there are significant implications for our commercial property market, depending on how the votes fall in the coming days.

Grocon has won planning approval for a $700 million hotel to be built on the IMAX cinema site at Darling Harbour, clearing the way for a sale to Chinese investor Zhengtang. This article originally appeared on theaustralian.com.au/property.

The receiver appointed to high-profile pub and restaurant operator Keystone Group over an $80m debt wants to sell its string of venues in one lot by the end of September. This article originally appeared on theaustralian.com.au/property.

Lend Lease’s unlisted Australian Prime Property Fund Commercial has appointed agents to sell one of its highest-profile green buildings in Melbourne, The Gauge, seeking a price of about $80 million. This article originally appeared on theaustralian.com.au/property.

Shopping is a favourite Australian national pastime and shopping centres are a key factor in economic health. But who owns and manages them?

The Dexus Property Group will book a $754 million lift in property values for the 2016 financial year as leasing successes and the wave of investor demand continue to stoke commercial property markets. This article originally appeared on theaustralian.com.au/property.