CBD Commercial Property News

The owners of two neighbouring Sydney skyscrapers are weighing up their options to potentially sell ­up the prime sites worth more than $1.1bn.

A $2bn CBD development, estimated to be worth about three-times its present value upon completion, could hit Sydney at the perfect time.

Just 13 freehold buildings have sold in Melbourne city in the last 12 months compared to pre-pandemic levels which saw nearly double that amount. So what’s caused the change?

A significant reset of commercial property values could see 2024 as an opportune time to secure new assets, a new report as found, setting up investors for ‘above average returns’ over the following five years. …

Drones are now making their way into more of Melbourne, with them now washing some of Melbourne’s buildings, including the MCG and Marvel Stadium, in an Australian first.

A rundown warehouse in a popular inner-city suburb, set to be transformed into chic new office spaces, have now hit the market.

The office market in the Queensland capital is showing signs of recovery.

The developer, led by Campbell Hanan, is confident in the future of offices as space tightens at the premium end.

The developer is readying for a pick-up in the WA capital’s retail and office sectors.