CBD Commercial Property News

It might not have kerb appeal but there’s one property investment that’s almost certain to attract visitors.

Australia Post is close to striking a deal to sell off the Adelaide Mail Centre to private self storage operator Kennards Self Storage for more than $40 million.

Melbourne’s office market is about to be tested by JPMorgan Asset Management, which has put a Southbank tower on the block for more than $400 million.

Melbourne’s CBD is headed to a potentially unprecedented shopping spree with two big name retail hubs for sale at the same time.

Singapore’s Keppel Capital has emerged as the latest suitor to target a stake in the $500 million-plus office tower at Circular Quay that Chinese group Poly Global has kicked off, ahead of locking in a tenant.

It’s all happening in the sunshine state, with the sheer variety of commercial property types topping our list of the week’s most viewed Queensland properties a telling insight into just how widely investor tastes run. …

Lawyers are circling Dexus’s new office tower in the heart of Melbourne’s central business district, with leading law firm Ashurst the latest to sign a deal to make the move to the developer’s premium project.

The mixed-use precinct around Sydney Central Station is taking shape with private developer Toga looking to undertake a major hotel and office development on the site of The Adina Hotel Sydney Central.

Landlords providing tenants with more flexible leasing options may be the remedy to softening demand for office space in towers in the Sydney and Melbourne central business districts.