CBD Commercial Property News

Melbourne’s oldest street has been revealed as Flinders Lane. 

Hong Kong’s Lei Shing Hong group is spending $200 million developing new Mercedes-Benz showrooms in Queensland and a new “glass box” lifestyle store in the Brisbane CBD.

Free 15-minute parking will be introduced in Townsville’s CBD to encourage more people to come into the city. 

David Jones chief executive David Thomas admits retail can be a brutal game but he is banking on cashed-up locals backing his grand plans for the chain’s $200 million redevelopment of its flagship Elizabeth St …

The Mirvac Group has entered the race to build a $1 billion-plus office tower on the best block at Sydney’s Circular Quay, with the move pitting it against rival Lendlease, which is planning a $1.5 billion skyscraper on the block.

Brisbane’s hotel market is set to be transformed in the coming months, with a host of new luxury offerings set to open.

Marriott International will open a luxury W Hotel in Sydney within two years as the jewel in Grocon’s $700 million The Ribbon development at Darling Harbour, ­pitting it against competitors such as the newly opened Sofitel near the International Convention Centre. 

Brisbane’s office leasing market has fired into life in the middle of the year with financial services groups striking deals to move and the contest to build a new Suncorp headquarters close to being decided. 

Multiple Sclerosis Limited is making a move from their Nerve Centre building in Blackburn to a new home opposite Box Hill Hospital.