Business News

Heritage-listed buildings are continuing to find favour among commercial property investors, with Sydney Roosters chairman Nick Politis understood to be the buyer of Brisbane’s Heckelmann’s Building.

Brisbane’s prominent IBM building has been listed for sale, offering investors an opportunity to tap into the local office market’s rising redevelopment trend.

Australian Unity is boosting its commitment to Brisbane with the purchase of an $80m office block near the Royal Brisbane Hospital. This article originally appeared on theaustralian.com.au/property.

Hotelier Jerry Schwartz and financier Harold Dakin are seeking to build a five-star W Hotel in Lend Lease’s Melbourne Quarter. This article was originally appeared on theaustralian.com.au/property.

Altis Property Partners has put a second portfolio of industrial and office park assets on the block. This article originally appeared on theaustralian.com.au/property.

There aren’t too many industries where you can make one small purchase and instantly own 10% of the Australian market.

Stockland Group is poised to take advantage of Australia’s white-hot sub-regional shops market by offering up one of Queensland’s largest retail hubs.

Asian logistics player e-Shang Redwood is close to buying three portfolios of Australian industrial property worth almost $1 billion. This article originally appeared on theaustralian.com.au/property.

Air Asia chief executive Tony Fernandes and his Singapore partner Plato Capital have pocketed nearly $52 million from the sale of the Tune Hotel Melbourne. This article originally appeared on theaustralian.com.au/property.