Coronavirus Commercial News

A Melbourne apartment block listed without a single pre-sale has been snapped up by Brady Property Group and converted to a hotel in an $80m deal.

Mirvac is capitalising on the switch to driving to central business districts with the offer of a major Sydney car park that could sell in the mid-$40m range.

A coveted retail outlet occupied by a leading lifestyle brand and positioned on one of Byron Bay’s busiest intersections is available to purchase for the first time since 1935.

As states emerge from lockdowns and Australia prepares to open its borders, bullish investors are clambering for prized assets. Burgess Rawson expects this sentiment to drive its November portfolio auction skywards.

Olivia Newton-John has sold her luxury Byron Bay lifestyle retreat to billionaires Andrew and Nicola Forrest for an estimated $30 million.

City office towers left vacant by the pandemic should be converted into apartment blocks says Australia’s largest unit developer, Harry Triguboff.

Super heavyweights UniSuper and Cbus Property are making a $2.2bn investment in the Gold Coast’s Pacific Fair and Sydney’s Macquarie Centre.

Cocktails and sangria will be back flowing at Madame Brussels in the next two weeks, with the iconic bar’s new owners ready to “party like it’s 2019”. Here’s what to expect when it reopens.

Australia will struggle to meet demand for city apartments when Australia’s international borders reopen next month, a leading industry figure has warned.