Buying Commercial Property

Predictions that childcare centres will become Australia’s most sought after commercial property asset class are proving prophetic, after record sales at auctions in Sydney and Melbourne.

Sentinel Property Group has begun scratching around the agribusiness sector, buying its first agricultural property for $22.8 million just outside Ipswich.

Deutsche Asset Management has emerged as one of the top dealers of office property in Sydney and Brisbane this year. This article originally appeared on theaustralian.com.au/property.

It’s been a boarding house, a funeral parlour, a yoga school and a Salvos hostel, and now one of Melbourne’s most historic properties could become a residential mansion once more.

Renowned beef producers the Olive family have put a tract of prized Rockhampton farmland on the market for only the second time in 70 years.

The only thing more in demand than places at childcare centres might be the centres themselves, commercial agents say.

Billionaire Lang Walker is expecting up to three bids for his $2.5 billion Collins Square retail and office project in Melbourne’s Docklands. This article originally appeared on theaustralian.com.au/property.

Perth’s office market is already seeing more action this year than in all of 2015, in a positive sign for the city’s maligned commercial prospects.

Part of a historic Sydney building that is home to world famous fashion house Ralph Lauren is on the market.