CBD Commercial Property News

A Brisbane developer who bought a well-positioned CBD building for a bargain price hopes to secure big returns from the site near the $3 billion Queen’s Wharf ­precinct.

A Bourke St, Melbourne, building that hadn’t hit the market in 80 years is believed to have set a commercial property record after a two-hour marathon auction.

A dual-branded hotel is set to open in Melbourne’s Bourke Street Mall on a site that last year was vacated by retail billionaire Solomon Lew.

Hilton Hotels is accelerating its plans to grow in Australia, saying it is poised to make a major announcement in Melbourne as part of its program to double its existing operations of 23 Australian properties within five years. 

A Macau-backed investor has snapped up an office block on Melbourne’s Collins Street for $40.1 million as offshore money continues to chase opportunities in the city despite yields reaching eye-watering levels.

Malaysian Loh Kian Chong has quietly ­listed Melbourne’s boutique Jasper Hotel with a $60 million price tag, in a bid to cash in on renewed investor demand for the city’s ­hotels.

One of Bourke Street Mall’s iconic buildings is up for grabs for the first time in more than 60 years and comes a with price tag in excess of $40 million.

The name “Brunetti” has been synonymous with cakes, desserts and coffee in Melbourne for more than 30 years.

Melbourne is the top location for commercial property investors in Australia toppling Sydney as the preferred destination, according to a new survey. The CBRE 2018 Asia Pacific Investor Intentions Survey revealed the Victorian capital is …