CBD Commercial Property News

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

Canberra offices back in investor frame
Canberra’s office market is again on the radar of local institutions, which wracked up a busy second half in 2017 after foreign buyers had set the early pace.
Tiny Pitt Street shop sells for staggering price
A pint-sized shop near the back of an arcade on Sydney’s iconic Pitt Street has sold for more than $1 million.
Perth’s Workzone West tower ready for major sale
More Perth towers are on the block with the Charter Hall Group quietly putting its WorkZone West on the northern fringe of Perth’s central business district on sale with hopes of up to $140 million.
Brisbane to welcome first new five-star hotel in 20 years
Brisbane’s first new five-star hotel in 20 years will open in June, marking the re-entry of the W brand into Australia. 
First of 15 Clarendon St shops released onto market
A mega selldown of terraces on South Melbourne’s iconic Emerald Hill has begun.
New Melbourne office tower launched opposite Fed Square
Dexus has launched a boutique office project in the heart of Melbourne after signing a deal with Chinese-backed construction and infrastructure house John Holland Group to anchor a new Flinders Street tower on a site opposite Federation Square.
Winner named for $955m Sydney Central Station upgrade
Engineering firm Laing O’Rourke has won the $955 million contract to renew Australia’s busiest commuter hub — Sydney’s Central Station. 
Melbourne set for pair of major new co-working spaces
The co-working revolution is about to hit Melbourne in an even bigger way as two major operators close in on space for hundreds of desks in the Docklands precinct at new projects being ­undertaken by Lendlease.
Singapore groups to cash in on Sydney CBD demand
A pair of Singaporean groups, Roxy Pacific and Tong Eng. Group, are set to become the latest owners to cash in on Sydney’s office boom as they bring a Clarence Street building to market that could sell for than $160 million.
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