CBD Commercial Property News

In 1959, Sydney Lord Mayor Henry Jensen came very close to putting a wrecking ball through Sydney’s much-loved Queen Victoria Building.

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.

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.

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.

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 …

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.

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 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.

A new hotel on Sydney’s Pitt Street will feature a sloping roof that looks more like a nature reserve than a CBD building.