CBD Commercial Property News

Melbourne’s King St might have a reputation as a night time party hub.

Brisbane’s office market has turned into a battle for the banks.

A 300-apartment ‘supersite’ has hit the market in Melbourne, worth an estimated $200 million.

Theme park operator Ardent Leisure has been convicted and fined $157,950 by the NSW Land and Environment Court for polluting Sydney Harbour via a diesel spill at Rushcutters Bay Marina. 

The acquisitive Centuria Capital Group has edged ahead of West Australian funds manager Primewest in the race to secure the prime position to buy an Adelaide office tower that US group Blackstone is selling for about $190 million.

A joint venture between Ashe Morgan and DMANN Corporation has secured approval for a 26-storey modern office block in Brisbane’s CBD as more developers seek to cash in on the city’s improving office leasing market.

Prime Sydney office towers are changing hands at record rates and buildings are selling at prices well above those during the last property boom.

Three iconic Toowoomba buildings have changed hands as the regional hub prepares for a new wave of development.

Lendlease is pushing ahead with its Two Melbourne Quarter office tower, selling the $550 million project to First State Super and to one of its funds as it signs anchor tenant EnergyAustralia.