CBD Commercial Property News

A Charter Hall trust has received state government approval for a new office tower in the Melbourne CBD that will take its total investment in the Wesley Place precinct to $1 billion.

Hong Kong tycoons and finance houses have set a fierce pace in buying Sydney towers over the past year, and their interest is expected to flow into 2018 as a tide of fresh capital pours out of the territory.

A CBD hotel could be the next piece of prime Hobart real estate to be snapped up by an overseas buyer.

The Victorian Government is under increasing fire after announcing plans to knock down a major building at Federation Square and build an Apple Store in its place. The government this week announced Federation Square’s southernmost …

Upmarket co-working operator Work Club Global is set to open a second hub in Sydney, after taking a lease at 201 Kent St. Work Club will occupy 1600sqm of space over the ground and first …

BMW’s landmark Southbank site has sold for more than $100 million in the biggest central Melbourne property deal of the year.

Canadian giant Brookfield Asset Management has finalised a leasing deal to develop one of Melbourne’s largest towers for National Australia Bank, and sell a half-stake in the $800 million project to superannuation fund-backed group ISPT.

Singapore-listed Straits Trading Company has snapped up an office building on Perth’s St Georges Terrace for $54.2 million as it expands its local property empire.

City apartment markets might be slowing but Singapore tycoon CK Ow clearly has faith in the sector, re-lodging plans to develop opulent apartments on the site of his dowager hotel in Sydney.