CBD Commercial Property News

Sydney CBD retailers are paying a growing premium for space in Australia’s hottest shopping market, with prime rents ballooning by more than a quarter.

National Australia Bank is set to shake up another city leasing market as it weighs up moving from its Bourke St building in the central business district. This article originally appeared on theaustralian.com.au/property.

Listed heavyweight the Scentre Group is striking up an alliance with superannuation fund-backed Cbus Property as it moves to acquire Sydney’s landmark David Jones store. This article originally appeared on theaustralian.com.au/property.

Sydney’s lack of vacant office space might be a great thing for landlords, but it could soon be a major issue for the city’s economic growth, and here’s why.

The Crotti family, behind the San Remo pasta brand, has bought one of the biggest office towers in Adelaide’s CBD for about $86.5 million. This article originally appeared on theaustralian.com.au/property.

Scouts Queensland has placed its Brisbane headquarters in Auchenflower on the market for the first time in more than 20 years.

Australia’s two-paced retail market has continued to diverge, with rental growth in Sydney and Melbourne still gathering steam, while other cities tread water or lose ground.

The historic David Jones Market St store in Sydney could be transformed into a precinct for emerging designers, growing local labels and niche international brands. This article originally appeared on theaustralian.com.au/property.

Strata office values in the supply-starved Sydney CBD market have skyrocketed by almost 30% in the first half of the year.