CBD Commercial Property News

CBD commercial property news, commercial real estate market data, business news and insights.

Small firms to emerge as saviours of COVID-hit CBDs
News
Small firms to emerge as saviours of COVID-hit CBDs
The COVID-19 pandemic will usher in a “new dawn” for Australia’s struggling central business districts, as falling rents spark an influx of smaller, vibrant firms, ­according to a new report from consulting firm PwC.
Businesses and landlords push for staff to get back into offices
News
Businesses and landlords push for staff to get back into offices
Corporate Australia is making a push to get staff back into offices with landlords seeking to reassure them they will be safe due to extensive precautions taken against coronavirus.
Questions arise over workers returning to the office in 2021
Market Insights
Questions arise over workers returning to the office in 2021
Australians as they start their summer breaks are asking when or even if they will make a return to their traditional desks 9-5 next year.
A million commuters to be absent from CBDs with shift to work from home
News
A million commuters to be absent from CBDs with shift to work from home
More than a million commuters will be absent from CBDs across Australia’s capital cities as working from home emerges as one of the biggest social shifts due to the COVID-19 pandemic.
Brisbane’s Gold Tower on the block with $300m price tag
News
Brisbane’s Gold Tower on the block with $300m price tag
The listed Dexus and Canada’s CPP Investment Board are looking to offload Brisbane’s $300m Gold Tower in the city’s largest office sale of the year.
Chinese fund buys half stake in major Sydney tower
News
Chinese fund buys half stake in major Sydney tower
China’s sovereign wealth fund has boosted its stake in Sydney’s landmark $1.85bn Grosvenor Place by purchasing a half interest in the tower in a move expected to spark a flurry of deal-making across major central business districts.
Melbourne’s Louis Vuitton flagship store sold for huge sum
News
Melbourne’s Louis Vuitton flagship store sold for huge sum
A classic Collins Street building home to Louis Vuitton’s flagship city store has bagged a buyer after attracting mammoth international interest.
Excitement builds ahead of Adelaide’s $330m SkyCity casino reopening
News
Excitement builds ahead of Adelaide’s $330m SkyCity casino reopening
The rapid development of Adelaide is gathering pace with the $330m reopening of SkyCity casino­ on November 28, with the complex to include several high-profile bars and restaurants and shine a spotlight on the city which has benefited from early border reopenings.
Andrew Forrest flags commercial property push after buying $55m Perth office
News
Andrew Forrest flags commercial property push after buying $55m Perth office
Billionaire Andrew Forrest’s private Fiveight operation has snapped up a Perth office building for about $55m, flagging a push into commercial property at a time when many listed groups are selling down.
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