CBD Commercial Property News

David Jones has officially listed one of its flagship Bourke St Mall stores, with price expectations in excess of $150 million.

Property fund ISPT is further pushing into the flexible workspace area with a new location in Brisbane set to expand the company’s presence across the eastern seaboard as it looks to sweeten the value proposition for potential tenants.

German funds manager Deka Immobilien is targeting the purchase of Brisbane’s 66 Eagle St complex for about $370 million, with the play again highlighting the city’s appeal to global investors.

Chinese property developer Poly Global is circling a new site in the Sydney CBD with the company in pole position to buy a Goulburn Street office tower for about $260 million.

Chinese property developer Poly Global has snared strong interest in the $500 million tower it is building at Sydney’s Circular Quay, with local listed company GPT eyeing off a play to buy into the development.

A private Hong Kong family has swooped on a major office tower in the heart of Sydney, picking up the O’Connell St block from the Oxford Investa Property Partnership for about $315 million.

It’s been described as a “hole in the wall” but one of central Sydney’s smallest retail spaces could prove to be a gold mine for one lucky investor. 

The listed Charter Hall Group has confirmed the Australian Federal Police will occupy all of its 140 Lonsdale Street development in the heart of Melbourne.

Private property developer Built is looking to join Sydney’s hotel boom and has submitted plans to the NSW government for a six-star hotel that it would develop on a site adjoining the city’s historic Chief Secretary’s Building.