CBD Commercial Property News

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

NAB eyes off Collins Square presence
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NAB eyes off Collins Square presence
National Australia Bank is considering taking space at Lang Walker’s $2.5 billion Collins Square project in Melbourne as it shakes up its office holdings in the city. This article originally appeared on theaustralian.com.au/property.
Big screen finally back in Perth CBD
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Big screen finally back in Perth CBD
Perth CBD is set for its first new cinema in years after investment group Charter Hall secured approval for a revamp of the Raine Square shopping centre worth $240 million. This article originally appeared on theaustralian.com.au/property.
Sale imminent for Clive Palmer’s near-empty tower
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Sale imminent for Clive Palmer’s near-empty tower
Final negotiations are under way in Clive Palmer’s bid to sell his flagship Brisbane office building, Mineralogy House. This article originally appeared on theaustralian.com.au/property.
Singapore investors pounce on Travelodge Docklands
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Singapore investors pounce on Travelodge Docklands
Singapore-based investors are setting the pace in buying Melbourne hotels with two major inner-city properties snapped up in the past few weeks. This article originally appeared on theaustralian.com.au/property.
Abacus counts Brisbane tower as latest buy
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Abacus counts Brisbane tower as latest buy
Abacus Property Group and its backer South African-listed ­Investec Australia Property Fund have sealed their purchase of a $132 million office tower in Brisbane’s CBD. This article originally appeared on theaustralian.com.au/property.
Macquarie plans major development for Martin Place station
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Macquarie plans major development for Martin Place station
Macquarie Group is looking to dramatically extend its grip on Martin Place by serving up an unsolicited proposal to the NSW government for a major project above the new Martin Place station. This article originally appeared on theaustralian.com.au/property.
Receivers put $100m St Kilda Rd towers on the market
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Receivers put $100m St Kilda Rd towers on the market
Receivers KordaMentha will sell two major office towers on Melbourne’s leafy St Kilda Road with hopes of reaping more than $100 million for the assets. This article originally appeared on theaustralian.com.au/property.
First WeWork lands in Australia
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First WeWork lands in Australia
One of America’s biggest workplace experiments has landed in Australia — and it’s not doing things by halves. This article originally appeared on theaustralian.com.au/property.
Sydney CBD office yields plummet to historic lows
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Sydney CBD office yields plummet to historic lows
Office yields in Sydney’s CBD have hit lows not seen since the Global Financial Crisis – and they might not be finished falling yet.
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