Coronavirus Commercial News

Commercial property is the new black. That’s according to industry experts who say the current combination of cheap money and record-low residential property yields is driving a “definite move” to the sector by commercial first-timers.

Local commercial agents say high investor confidence and strong fundamentals underpinning the market mean a healthy future for retail spaces.

The Queensland-focused developer is hoping to pick up an office block in the heart of Sydney.

Investment houses hailing from London have brushed off closed borders to make big strides in the local market, with Sydney’s CBD a magnet for offshore buyers.

The NashCap team is banking that big things will grow from the little properties they are buying up.

Covid-19 turned this fisherman’s haven into an empty building — but now the time is right to inject some new life into The Lodge.

With interest rates low and plenty of capital competing for property, income-chasing investors are getting creative in their search for opportunities.

The appetite for pandemic-proof assets keeps growing with essential services such as childcare centres, liquor and fast-food outlets proving irresistible to investors who splashed out almost $217 million for a suite of properties over three days.

New Zealand investor Cook Property has paid $58.6 million for a Bunnings Warehouse under construction in Queensland amid strong local and international demand for the popular investments.