CBD Commercial Property News

Chinese-backed developer ICD Property and the City Tattersalls Club have lodged fresh plans for a 49-storey mixed-use project in Sydney’s Pitt Street, more than a year after their first scheme was rejected.

Chinese chemical-based consumer goods company Ousia Investments, a recent investor in Australian real estate, has signed agreements with Marriott International to develop a hotel in west Melbourne.

The South Australian German club will part ways with its home of more than a century, putting the historic headquarters in Adelaide’s CBD on the market. The club bought the 221-225 Flinders St property in 1913 …

The Melbourne CBD is set for another new hotel, with IHG planning to launch its upscale voco brand in a new residential and hospitality project by private developer the Brady Group.

Office buildings in the major east coast capitals are fully priced as a wave of capital seeks assets with long-term leases in place, according to Lendlease chief executive Steve McCann. 

The private owner of the freehold of Sydney landmark Chifley Tower is exploring options that could see it dispose of its interest in the property for more than $100 million.

Two Charter Hall funds have paid $60 million for a Brisbane office building directly across from the new Queens Wharf development.

Global funds manager TH Real Estate has again leapt into Sydney’s hot office market, preparing to snap up Built’s headquarters which are now being constructed for a price believed to be about $170 million.

Co-working giant Hub has lifted the veil on its latest Melbourne space, within the iconic Georges Building in the city’s CBD.