CBD Commercial Property News

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

New Queensland CBD designed for driverless cars
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New Queensland CBD designed for driverless cars
A new city centre being created at Maroochydore on Queensland’s Sunshine Coast will be the first in the world designed specifically for driverless cars.
Government pays $95m for CUB headquarters
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Government pays $95m for CUB headquarters
The Victorian government has ­finalised a deal to buy the Carlton & United Breweries headquarters building in Melbourne’s Southbank for $95.5 million in a move that could spark a broader overhaul of the area.
Canadian group buys Myer headquarters
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Canadian group buys Myer headquarters
Manulife Real Estate, the global real estate arm of Canada’s biggest insurer, Manulife Financial, has bought Myer’s headquarters at Victoria Harbour in the Docklands for close to $300 million.
Tightening continues in eastern office markets
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Tightening continues in eastern office markets
Eastern seaboard office markets continue to strengthen with ­vacancy rates dropping below 5% in the country’s two largest cities, driven by upbeat economic conditions in Melbourne and a withdrawal of office space from the market in Sydney.
Co-working on cards for Collins St’s T&G Building
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Co-working on cards for Collins St’s T&G Building
A new co-working hub is set to open in Melbourne, with flexible workspace provider Spaces signing a leasing deal with global real estate giant Pembroke across two levels in the T&G Building. 
$549 a week: Price no object as Brisbane student digs fill fast
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$549 a week: Price no object as Brisbane student digs fill fast
Developers of the latest student accommodation in Brisbane expect to have the 753 rooms filled by the end of the year, with some renting for $549 a week.
Sydney’s entire King Street Wharf for sale
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Sydney’s entire King Street Wharf for sale
One of Sydney’s most iconic public precincts is for sale, with the entire King Street Wharf area on the market amid a retail property boom in the city. The LaSalle Investment Management-owned waterfront precinct, home …
Marriott to push ahead with Melbourne hotel
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Marriott to push ahead with Melbourne hotel
The first Marriott International hotel built in Australia in 20 years will proceed even if the bulk of residential apartments that form part of The Docklands project are on the market.
Chinese developer eyes major Circular Quay, Gold Coast sites
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Chinese developer eyes major Circular Quay, Gold Coast sites
Chinese property developer Yuhu which was linked to a donations scandal that engulfed the Labor Party last month is understood to be in talks to buy two landmark property sites in Sydney and the Gold Coast in a deal that could top $1 billion.
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