Coronavirus Commercial News

Find the latest news about commercial property and the coronavirus (COVID-19) in Australia.

COVID drives booming private investor demand for commercial assets
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COVID drives booming private investor demand for commercial assets
Private investors are scrambling to secure essential services properties able to trade during COVID-19 lockdowns, ahead of a $65 million portfolio auction.
Sydney lockdown hits regional hotel trade but sales holding up
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Sydney lockdown hits regional hotel trade but sales holding up
Businesses that depend on city trade are doing it tough but there is still stiff demand for out of town properties.
Greg Goodman says carbon neutrality not an ‘optional extra’ as warehouses go green
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Greg Goodman says carbon neutrality not an ‘optional extra’ as warehouses go green
Warehouses are the latest frontier for companies looking to slash emissions, says the industrial property tycoon.
Laundy family snaps up Woolpack Hotel in $10m deal
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Laundy family snaps up Woolpack Hotel in $10m deal
The slew of significant pub purchases is picking up pace across NSW even as lockdown closes inner Sydney pubs with the Laundy family swooping on Redfern’s famed Woolpack Hotel in a $10m deal.
COVID fuels demand for service stations and ‘pandemic-proof’ assets
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COVID fuels demand for service stations and ‘pandemic-proof’ assets
COVID-19 has fuelled demand for service stations as investors chase “pandemic-proof” businesses, with several fuel assets up for grabs as part of a $165 million portfolio auction of essential services properties.
How SA’s latest Covid-19 lockdown will impact commercial property
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How SA’s latest Covid-19 lockdown will impact commercial property
SA’s latest lockdown could prove to be a “massive issue” for the commercial industry if it’s blown out further than a week, experts warn, even with financial help for struggling businesses.
A Bunnings and two Coles shopping centres sold as buyers target retail
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A Bunnings and two Coles shopping centres sold as buyers target retail
Private investors targeting retail assets have snapped up a Bunnings and two Coles-anchored shopping centres in regional Victoria for almost $80 million in total as sales activity ramps up.
First-timer buys plaza as regional assets attract overseas interest
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First-timer buys plaza as regional assets attract overseas interest
A first-time Chinese investor has paid $4.5 million for a Victorian shopping plaza as regional assets attract international interest.
Offices look set to survive the COVID-19 pandemic
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Offices look set to survive the COVID-19 pandemic
The office sector has been among the hardest hit by COVID-19. Vacancy has risen, rents have fallen, and occupancy rates remain well below their pre-pandemic levels. While the challenges faced by other sectors were known to be largely temporary, the pandemic has rewritten the way people work, leading inevitably to the question: will COVID-19 spell death to the office?
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