CBD Commercial Property News

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

Sydney’s QVB readies for fresh polish
News
Sydney’s QVB readies for fresh polish
In 1959, Sydney Lord Mayor Henry Jensen came very close to putting a wrecking ball through Sydney’s much-loved Queen Victoria Building.
Scentre tosses up interest in Westfield Sydney towers
News
Scentre tosses up interest in Westfield Sydney towers
Scentre Group, owner of the local Westfield mall empire, is weighing up interest in the landmark office towers that sit over and around its Westfield Sydney complex, with private equity group Blackstone believed to be most advanced in negotiations.
Agents save the day at Adelaide cafe
News
Agents save the day at Adelaide cafe
When an Adelaide CBD cafe owner was injured at work, it was the split-second decision of two real estate agents that helped to save the day.
Stake in Melbourne’s Rialto could be sold
News
Stake in Melbourne’s Rialto could be sold
Dexus Property Group is preparing to again put its stamp on Melbourne’s red hot office market, targeting a stake in the iconic $1 billion Rialto Towers from Kuwaiti-backed St Martin’s Properties.
Challenger offloads Brisbane’s Makerston House
News
Challenger offloads Brisbane’s Makerston House
Financial services company Challenger has continued its property selloff by offloading a Brisbane tower to the Sentinel Property Group for $103 million. Challenger has been selling direct property assets as it sees a chance to …
NRMA eyes larger interest in Travelodge hotels
News
NRMA eyes larger interest in Travelodge hotels
Motoring organisation NRMA could be a major beneficiary of Mirvac’s exit from the Tucker Box Hotel Group portfolio which controls 11 Travelodge hotels around the country worth more than $600 million.
Timber tower to be built above Melbourne Central
News
Timber tower to be built above Melbourne Central
GPT is looking to steal a march on its rivals by unveiling designs for a premium office tower that will sit atop Melbourne Central and become the central business district’s largest timber building.
Asian buyers vying for Sydney Sofitel and Channel 9 HQ
News
Asian buyers vying for Sydney Sofitel and Channel 9 HQ
Asian investors and developers coupled with cashed-up locals are vying to buy the two biggest commercial real estate projects in Sydney — the $200 million Nine Network head office site and one of the last dowager hotels in the city, the $400 million Sofitel Sydney Wentworth Hotel.
Pitt Street hotel to have sloping ‘green waterfall’
Inspiration & Style
Pitt Street hotel to have sloping ‘green waterfall’
A new hotel on Sydney’s Pitt Street will feature a sloping roof that looks more like a nature reserve than a CBD building.
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