CBD Commercial Property News

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

Buzz grows louder in Melbourne office market
Melbourne’s central business district office leasing market is firing, with Charter Hall Group’s $500 million Wesley Place development close to winning enough tenant support to kick off and Mirvac’s Olderfleet project drawing further interest as work gets under way.
Myer headquarters in major Docklands sale
The owners of the Myer headquarters at Victoria Harbour in the Docklands have kicked off a campaign to sell the complex.
Inspiration & Style
Top commercial agency’s stunning new digs
Considering they see, sell and lease thousands of commercial properties and offices every year, it stands to reason that Australia’s top commercial agents would expect to work in some fairly striking office spaces. Savills new …
Soaring predictions for Brisbane leasing market
Brisbane’s commercial leasing market is forecast to generate double-digit rent rises in coming years in a sign the city’s office sector is staging a recovery.
$90m to $270m: Sydney office value triples in four years
A Lendlease-managed fund has bought a B-grade Sydney office from Centuria, with the vendor tripling its investment over four years.
Melbourne’s Treasury Gardens Hotel to make way for tower
Cbus Property, the real estate investment arm of industry superannuation fund Cbus, has bought the Mercure Melbourne Treasury Gardens Hotel from Middle Eastern owner Pearl Hotels for about $70 million in an off-market deal.
Google tipped to move to new Melbourne office
Google looks set to move its Melbourne office into the T&G Building at the Paris end of Collins St, as technology tenants step up their influence in the east coast capitals’ office leasing markets. This article originally appeared on theaustralian.com.au/property.
‘Smaller, flexible’: Fremantle project signals future of retail
The future of retail space will be smaller and more flexible, according to the architect behind the retail component of a $270 million mixed-use project in Fremantle. This article originally appeared on theaustralian.com.au/property.
Melbourne’s oldest pub hits the market
Property developer and publisher Morry Schwartz is selling the oldest pub in Melbourne, the Duke of Wellington, and a nine-level ­office tower on the same block with price expectations of about $30 million. This article originally appeared on theaustralian.com.au/property.
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