CBD Commercial Property News

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

Dexus to revamp MLC Centre after paying $722m for half stake
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Dexus to revamp MLC Centre after paying $722m for half stake
Dexus Property Group has stamped its authority on the Sydney office market, snapping up a half stake in the $1.4 billion MLC Centre in the heart of the central business district and committing to overhauling …
Sydney’s Star to charge $3000 a night for ‘Cyberpunk’ room
Inspiration & Style
Sydney’s Star to charge $3000 a night for ‘Cyberpunk’ room
Star Entertainment Group is spending an unprecedented $1 billion in Sydney as competition heats up between it and rival ­gaming group Crown. This article originally appeared on theaustralian.com.au/property.
Sydney calls in Brits to design $1.5bn Circular Quay Tower
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Sydney calls in Brits to design $1.5bn Circular Quay Tower
Development and construction giant Lendlease has drafted in top British architect Foster + Partners to design its $1.5 billion Circular Quay Tower, which is being pitched as Sydney’s tallest office building. This article originally appeared on theaustralian.com.au/property.
Tax breaks set to turn up heat in SA market
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Tax breaks set to turn up heat in SA market
South Australia’s commercial property market is set to heat up with new legislation likely to make it the nation’s most competitive.
Darwin office building sets price record
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Darwin office building sets price record
Commercial confidence in the Darwin CBD has been given a huge boost with the $60 million sale of Jacana House — the most energy efficient building in the Territory. Located on Woods St, the transaction was …
Clive Palmer offloads Brisbane headquarters
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Clive Palmer offloads Brisbane headquarters
Embattled businessman Clive Palmer has pulled off an unlikely rescue by selling his corporate headquarters to a consortium including two major Australian property companies — Charter Hall Group and Investa Property Group.
Queen’s Wharf to span 20% of Brisbane city centre
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Queen’s Wharf to span 20% of Brisbane city centre
Brisbane’s $3 billion integrated resort development will span almost 20% of the city centre under a new plan that details the size and scale of the mega-project. Gambling company The Star and its joint venture …
Singleton, ex-Qantas chief sell Kinselas pub for $22m
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Singleton, ex-Qantas chief sell Kinselas pub for $22m
Adman John Singleton and former Qantas chief Geoff Dixon are continuing to cash in on Sydney’s pub boom, announcing they are offloading nightspot Kinselas, just off Sydney’s Oxford Street, for about $22 million.
Former Southbank car park to become 3700sqm green zone
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Former Southbank car park to become 3700sqm green zone
Southbank’s green future has been showcased in plans for a 3700sqm park beneath a new development comprising six apartment towers.
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