Buying Commercial Property

The Lend Lease-managed fund APPF Commercial has acquired the first commercial tower in the $2 billion Melbourne Quarter project for more than $250 million. This article originally appeared on theaustralian.com.au/property.

The Lantern Hotel Group’s mass selloff of its pubs portfolio is nearing its conclusion after deals to offload two more hotels.

Brothels might not be the first choice for many commercial property investors, but agents say they make surprisingly astute buying.

Petrol stations are trending up as one of the commercial market’s glamour classes, with record deals rolling on and agents reporting astonishing interest in properties leased to fuel providers.

Iconic Victorian tourist attraction Kryal Castle is still seeking a worthy suitor, six months after the unique property hit the market.

Juicy yields could be a thing of the past in Australia’s retail property market, with rabid interest from trusts and foreign investors seeing prices soar as competition continues to heat up.

The Sunshine Coast’s first legal brothel has been put on the market just a year after being named as Australia’s best.

Childcare centres and petrol stations were in investors’ crosshairs at the latest Burgess Rawson investment portfolio auctions, which saw $117 million worth of property change hands over two days.

It’s known fondly as “The Cloey”, and local patrons will watch with interest as the popular Sydney beachside watering hole begins the hunt for a new owner.