City fringe

A series of Queensland shopping centres have changed hands at very sharp yields, reflecting the healthy demand for centres expected to stare down Amazon and continue to produce steady returns.

More than 10,000sqm of land at Flemington Racecourse will be developed into apartments after being sold off by the Victoria Racing Club (VRC). 

The construction of a long-awaited hotel at the revamped Chadstone Shopping Centre is expected to start early next year, after AccorHotels Group was appointed as its operator. The 13-storey hotel will be branded as a …

Christmas has come early for a Glen Waverley vendor whose tightly-held commercial property has gifted him $18 million.

The former General Motors Holden site in Adelaide is set to be transformed into one of Australia’s largest business hubs, after its purchase by the Pelligra Group.

A prime beachfront block in Mt Eliza’s Ansett estate has drawn local and international interest.

An apartment development, townhouses, commercial properties, or a mix of all three is on the cards for Brighton’s longstanding The International reception centre, after a Chinese developer bought it for more than $20 million.

Telstra has sold off two sites in Melbourne’s suburban east after overcoming issues surrounding their potential development.

Charter Hall’s Long Wale REIT has tapped the market for $94.1 million in order to buy the Virgin head office in Brisbane and refresh its balance sheet.