CBD Commercial Property News

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

Feros family buys landmark Crystal Palace Hotel in Sydney for $37m
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Feros family buys landmark Crystal Palace Hotel in Sydney for $37m
The pub industry is surging, with big ticket sales again becoming a feature of the industry as top families chase trophy properties.
Consulting firm EY commits to its Sydney CBD base for at least the next decade
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Consulting firm EY commits to its Sydney CBD base for at least the next decade
In one of the largest leasing deals of this cycle, financial services firm EY has agreed to remain as anchor at 200 George Street in Sydney until the end of 2036.
Melbourne set for hospitality venue boom as operators sign long leases ahead of Metro Tunnel completion
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Melbourne set for hospitality venue boom as operators sign long leases ahead of Metro Tunnel completion
Melbourne’s CBD is set to be taken over by new restaurants and bars as shock figures show they are chewing through the city’s vacant retail shops ahead of the Metro Tunnel’s completion.
Retailers flock back to CBDs as foot traffic grows 
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Retailers flock back to CBDs as foot traffic grows 
After years of disruption due to the pandemic and a cost-of-living crisis, Australia’s central business district (CBD) retail markets are finally on the mend.  Retail vacancy rates across Australia’s CBDs are sitting at the lowest …
Oxford Properties backs towers and living to grow local operation
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Oxford Properties backs towers and living to grow local operation
Canadian giant Oxford Properties is one of the biggest names in global real estate and has identified Australia as a key growth market.
Nippon Telegraph & Telephone Corporation takes control of Brisbane tower
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Nippon Telegraph & Telephone Corporation takes control of Brisbane tower
The Japanese telecommunications giant is among the leading the way in office investing this year with more offshore capital tipped to follow.
Cambridge RE Partners buys  Central Queensland Univer­sity  campus for $111m
News
Cambridge RE Partners buys Central Queensland Univer­sity campus for $111m
Educational assets are moving even as the commercial property markets remain tough.
Big stake in Sydney’s own Eiffel Tower up for grabs
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Big stake in Sydney’s own Eiffel Tower up for grabs
A share of the AWA Building in Sydney has hit the market, offering potential buyers “valuable strata control” of the art deco office tower. A 50.2% stake in the heritage-listed building at 45-47 York Street …
Melbourne CBD office vacancy rate stuck at 18 per cent, the Property Council says
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Melbourne CBD office vacancy rate stuck at 18 per cent, the Property Council says
Near record highs of new office supply was added to Australia’s major cities in the last year, but Melbourne’s CBD vacancy rate continues to be a concern to the Property Council.
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