Coronavirus Commercial News

Discount department stores such as Kmart and Target have boosted sales and customer loyalty during the pandemic and will be rewarded as eastern states emerge from lockdown. As a result, investors are jumping on store listings.

Melbourne CBD bar institution Madame Brussels — thought to be a Covid casualty — will continue to operate under new ownership as the city’s hospo scene gets ready to pump.

A Victorian olive grove that backs onto the idyllic Ovens River is currently for sale, offering potential buyers an escape from city living plus the opportunity to expand the grove.

A $98m mega-deal has been signed for 12 childcare centres, all but one in Melbourne, as early learning real estate has been branded “the new bank”.

An eight-figure sale has emerged for a former aged-care site in Northcote ravaged by Covid-19 last year.

Qantas is set to pocket over $800m following the sale of 13.8ha of land bordering Sydney Airport with the surprising new owners revealing their bold plans to transform the site.

Dexus has attracted strong bidding on the $1.3bn office portfolio it put on the block in August with the four-strong collection of Sydney buildings likely to be split up.

You may have visited this relaxed and picturesque beachside township, but have you ever considered moving or opening a business there? One property is offering the chance to do both.

Demand to buy and lease commercial property slowed slightly over September, with ongoing lockdowns continuing to impact the market. Lockdowns have resulted in a growing divergence between buying and leasing demand. Searches to buy were …