CBD Commercial Property News

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

Chinese e-commerce giant Alibaba’s Melbourne HQ could fetch one of highest sale prices of 2024
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Chinese e-commerce giant Alibaba’s Melbourne HQ could fetch one of highest sale prices of 2024
The Melbourne HQ of Chinese e-commerce giant Alibaba is up for sale — and it could become one the city’s priciest sales of the year.
Japanese property group looking to sell stake in Sydney’s tallest building
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Japanese property group looking to sell stake in Sydney’s tallest building
The market for top-end office skyscrapers is about to be tested, with Japanese company Mitsubishi Estate Asia looking to sell its stake in the $2bn Salesforce Tower.
Office leasing hit by rising vacancies in lower grade towers as Melbourne soars to 1990s levels
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Office leasing hit by rising vacancies in lower grade towers as Melbourne soars to 1990s levels
Office vacancies have jumped in Melbourne and lifted in Sydney in a sign markets are still dealing with headwinds such as working from home and weak demand for new towers.
Melbourne offices find buyers as capital returns after reset
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Melbourne offices find buyers as capital returns after reset
More than $600m worth of offices have sold but buyers are demanding a discount before buying into the Victorian capital.
Dexus to check out of Martin Place tower
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Dexus to check out of Martin Place tower
Dexus is close to striking one of the country’s largest office deals this year by selling a half interest in the landmark 5 Martin Place tower in the heart of Sydney.
ASX finds Martin Place home in coup for finance strip
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ASX finds Martin Place home in coup for finance strip
The stock exchange is set to become a key part of the famed boulevard as it shifts to 39 Martin Place.
Golden Century site owner Anson Group to build $104m 16-storey hotel
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Golden Century site owner Anson Group to build $104m 16-storey hotel
The developer who picked up the site of Sydney institution Golden Century for $50m has won approval for a $104m high-rise hotel just 450m away.
Pro-invest puts Kimpton Margot Sydney on the block
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Pro-invest puts Kimpton Margot Sydney on the block
Sydney hotels are going up for sale as owners bet that investors want an exposure to rising tourism.
An extra 11 office towers are needed in the Brisbane to cater for a surge in demand
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An extra 11 office towers are needed in the Brisbane to cater for a surge in demand
A multi-billion dollar office tower construction rollout will be needed in the Brisbane CBD to cope with a surging population.
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