Buying Commercial Property

Final negotiations are under way in Clive Palmer’s bid to sell his flagship Brisbane office building, Mineralogy House. This article originally appeared on theaustralian.com.au/property.

Queensland’s hotel and pub sector continues to bubble along, with two of the states most prominent historic hotels placed on the market.

Singapore-based investors are setting the pace in buying Melbourne hotels with two major inner-city properties snapped up in the past few weeks. This article originally appeared on theaustralian.com.au/property.

Lantern Hotel Group has continued shedding non-core assets, this time selling Sydney’s 150-year-old Commodore Hotel and its business for $14.5 million.

Price tastes right for Chapel St building, John Holland moves harbourside in Sydney and The Hospitality Store served up for sale. MORE NEWS AND DEALS.

Investor demand for service station assets in metropolitan and regional areas of Queensland is causing a strong tightening of yields.

Hong Kong-listed car retailer Yongda Auto is entering Australia’s property market, buying a 40% stake in Chinese developer Chiwayland’s apartment project in north Sydney. This article originally appeared on theaustralian.com.au/property.

Queensland tourism properties and infrastructure are continuing to flow onto the market, with the Mackay Marina the latest landmark property up for sale.

Abacus Property Group and its backer South African-listed ­Investec Australia Property Fund have sealed their purchase of a $132 million office tower in Brisbane’s CBD. This article originally appeared on theaustralian.com.au/property.