CBD Commercial Property News

Perth funds manager Realside is making a major play in Adelaide’s office market in which it will pick up a half-stake in four buildings worth $200m from Pep Rocca’s private funds business.

Mirvac has outlined plans for a dramatic $1 billion revamp of the Harbourside Shopping Centre at Darling Harbour via the NSW government’s controversial unsolicited proposals scheme.

Boutique property manager Centennial Property has swooped on the former City Ford site in the inner Sydney suburb of Woolloomooloo in a $104 million deal that gives it control of a prime mixed-use building.

A home that encourages you to leave it behind and see the world is coming to the banks of the Yarra River.

The co-working industry is showing signs of flourishing locally with the listed Victory Offices taking space in the heart of Sydney even as rival WeWork stumbles globally and landlords take a more cautious stance towards some smaller operators.

Subdued business conditions and a lift in new developments have prompted a drop in space being taken up in office towers in the heart of Sydney but demand in the country’s resources capitals is holding up.

A brand new Sebel hotel in Canberra has sold for $48m to DWS, a global real estate investment manager, and Pro-Invest.

Lendlease has offloaded its co-owned office tower in the heart of Brisbane’s CBD to German investment firm Deka Immobilien Investments for $380 million.

Some of Victoria’s most renowned pubs, shops and clubs were among the most notable commercial listings on the market in 2019.