CBD Commercial Property News

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

Axis buys Brisbane building as $1bn skyscraper scrapped
News
Axis buys Brisbane building as $1bn skyscraper scrapped
Brisbane-based Axis Capital will buy a Queen St office building that was once slated for one of the city’s largest residential apartment projects.
Government drives booming Melbourne leasing market
News
Government drives booming Melbourne leasing market
A surge in interest from the government and community sectors has seen Melbourne’s CBD office leasing market race into rare territory. Almost 570,000sqm of space was leased in the CBD in the 12 months to …
$25m-plus for rare piece of Bourke St Mall
News
$25m-plus for rare piece of Bourke St Mall
One of only five privately-owned properties in Melbourne’s entire Bourke St Mall is on the market, with a shop fronting the Royal Arcade listed for the first time in more than 30 years.
Crown dodges $60m in fees on Southbank skyscraper
News
Crown dodges $60m in fees on Southbank skyscraper
Crown Casino has dodged State Government planning legislation and saved itself more than $60 million in fees ahead of construction of Melbourne’s tallest skyscraper.
Tight office market to drive rents skyward
News
Tight office market to drive rents skyward
The Sydney and Melbourne office markets are set to be the top performers in commercial real estate across the Asia-­Pacific this year, according to a report from the Britain-based Standard Life. This article originally appeared on theaustralian.com.au/property.
Investor pockets 287% return for Bourke House
News
Investor pockets 287% return for Bourke House
A Melbourne investor has pocketed a 287% return on Melbourne CBD building Bourke House in just three years, after selling the property to a Chinese buyer.
Melbourne tops tech rankings
News
Melbourne tops tech rankings
Melbourne’s status as one of the world’s most liveable destinations has seen it officially ranked as one of the world’s top ‘tech cities’, according to new research.
LinkedIn’s very unique Sydney office feature
Inspiration & Style
LinkedIn’s very unique Sydney office feature
When employment networking behemoth LinkedIn created its new office in Sydney, it had one very unique requirement.
Plans revealed for Sydney’s David Jones building
News
Plans revealed for Sydney’s David Jones building
The redevelopment of the historic David Jones building in Sydney’s Market St will introduce world-class retailers and restaurants, as well as boutique office floors, topped by a luxury apartment tower. This article originally appeared on theaustralian.com.au/property.
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