CBD Commercial Property News

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

Discussions continue for $130m RMIT tower sale
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Discussions continue for $130m RMIT tower sale
A strict lockdown is not stopping commercial property deals being struck in the heart of Melbourne, with a group of investors in talks to buy an RMIT-owned building for about $130m.
Telstra puts Pitt Street Telephone Exchange on the market
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Telstra puts Pitt Street Telephone Exchange on the market
Telstra has put a landmark CBD tower on the market as part of its ambitious $2 billion asset sales program.
Could Docklands development bring office workers back to CBD?
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Could Docklands development bring office workers back to CBD?
A Docklands office development designed to “evolve with the future of work” has collected a top property industry gong. Collins Square has been hailed as the kind of building that will entice Melbourne workers to …
Melbourne’s Louis Vuitton building set to hit market for $50m
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Melbourne’s Louis Vuitton building set to hit market for $50m
A glamorous Collins Street landmark housing Louis Vuitton’s flagship Melbourne store is poised to hit the market this week.
Chinese developer plans Sydney office and hotel skyscraper
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Chinese developer plans Sydney office and hotel skyscraper
Chinese development company Greaton Group has proposed a major skyscraper in the Sydney CBD, despite rising political tensions between China and Australia casting a pall over the property sector. The wave of mainland Chinese developers …
FAQs: Coronavirus support for outdoor hospitality
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FAQs: Coronavirus support for outdoor hospitality
Melbourne’s restaurants and bars will take to the streets under a new scheme to revive the city’s hospitality sector in the wake of coronavirus. The Victorian Government on Monday announced major funding in conjunction with …
Dexus defies coronavirus challenges with $2bn in office sales
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Dexus defies coronavirus challenges with $2bn in office sales
Property group Dexus could take its dramatic property sell-down to around the $2bn mark as it fields offers for a one quarter slice of Melbourne’s landmark 80 Collins Street development that it picked up last year in the city’s largest ever direct property deal.
E-bikes to be offered to Sydney office workers
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E-bikes to be offered to Sydney office workers
Some employees who work in the buildings of the nation’s largest office landlord will soon be able to trial a COVID-safe alternative to commuting on public transport: electric bikes.
Chinese fund swoops on Sydney’s Grosvenor Place
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Chinese fund swoops on Sydney’s Grosvenor Place
An offshore group has swooped on a half stake in Sydney’s landmark Grosvenor Place in a deal valuing the entire tower at about $2bn, as international players back the recovery of Australia’s office markets.
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