Buying Commercial Property

Yields for Australian retail assets will bottom out during 2016 as their popularity among investors continues to surge, research suggests.

When it comes to commercial property statistics, Tasmania often appears to be decidedly persona non grata.

Property fund manager and developer Charter Hall Group has secured a strong bid of over $250 million for the Australian Taxation Office Building in Adelaide. This article originally appeared on theaustralian.com.au/property.

Perth billionaire Stan Perron has fielded interest in the Campbelltown Mall, a major subregional centre on Sydney’s outer south-west fringe. This article originally appeared on theaustralian.com.au/property.

Global investment banker Goldman Sachs has put two well-established shopping centres in Gladstone’s traditionally tightly held retail scene on the market.

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.

Mirvac has put Melbourne’s landmark retail, hotel and office precinct the Como Centre on the market, with the price expected to push beyond $200 million.

Tasmania isn’t the first place commercial investors usually look for their next buy, but after seeing these waterside properties you might think differently.