CBD Commercial Property News

Bold investment in major city infrastructure has been identified as key to Australia’s booming commercial property market.

CBD landlords are looking to improve their returns by adding retail tenants in more places than only the ground level, while retailers are taking the opportunity to add extra floor space at limited extra cost, agents say. This article originally appeared on theaustralian.com.au/property.

A high-powered trio of international and local developers are close to buying a major site in Sydney’s CBD in a deal that would see them amalgamate two parcels in Haymarket being bought for close to $250 million in total. This article originally appeared on theaustralian.com.au/property.

One of China’s largest toy manufacturers, Hong Kong billionaire Francis Choi, has emerged as the likely buyer of the Exchange ­Centre in Bridge St, Sydney. This article originally appeared on theaustralian.com.au/property.

Specialist accommodation group Scape Student Living has refined its plans for a tower opposite Melbourne’s RMIT University and flagged that it will introduce its City Living ownership model at the site. This article originally appeared on theaustralian.com.au/property.

Chinese developer Wanda has unveiled its vision for the $1 billion Sydney harbour-front hotel and apartment tower, declaring the international conglomerate is in Australia for the long haul. This article originally appeared on theaustralian.com.au/property.

A new cove on Sydney Harbour would form part of a new public space proposed as the latest addition to the Barangaroo development.

It’s been one of Melbourne’s ‘it’ venues since opening its doors in mid-2016.

Melbourne’s office market is leading a nationwide surge amid the race for CBD space.