Buying Commercial Property

The apartment boom is slowly losing strength but it is not over yet, with a big jump in new project approvals in NSW and Victoria helping to fill a pipeline through to 2018. This article originally appeared on theaustralian.com.au/property.

For little more than the price of the average home in Sydney, you can own a basketball facility that just last year belonged to a professional team.

The future of the most popular property on Realcommercial last year – a farm and palatial home in regional Queensland – remains unclear after fire ravaged the mansion just days after Christmas.

The level of foreign investment in Australian commercial property hit a record $10 billion last year and is not expected to peak any time soon. This article originally appeared on theaustralian.com.au/property.

Which cities will perform strongest, will Chinese money continue flowing and what should we make of Amazon’s arrival? REA Group chief economist Nerida Conisbee looks at what to expect from the commercial property market in 2017.

From castles to farming mega-mansions to ‘glamping’, Australians had diverse tastes when it came to commercial property over the last 12 months.

A high-flying Brunei prince has emerged as the latest global heavyweight to cash in on Melbourne’s property boom, nabbing a near 40% premium on an office tower in less than two years. This article originally appeared on theaustralian.com.au/property.

Woolworths sale of 527 petrol stations to BP for almost $1.8 million wasn’t the only major deal that made headlines throughout 2016. Here are some of the biggest sales to have been signed off in the last 12 months.

Australia’s petrol industry will undergo one of the biggest shakeups in its history after Woolworths announced it is selling its 527 petrol station sites to BP for almost $1.8 billion.