Coronavirus Commercial News

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

Can employers make COVID vaccines compulsory?
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Can employers make COVID vaccines compulsory?
Despite the risk to workers in factories, supermarkets and some retail settings, employers should not mandate COVID vaccinations, say union and business leaders.
Precious cargo locked in prison cells
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Precious cargo locked in prison cells
Cold hard cells to luxury wine cellars – it’s the ultimate in the Pentridge transformation.
Melbourne office vacancy at 10.9 per cent, value falls expected: NAB
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Melbourne office vacancy at 10.9 per cent, value falls expected: NAB
One of the nation’s top four lenders has major concerns about the CBD, with one in ten offices vacant and values expected to fall for years.
Melbourne construction stalled by month-long lockdown, but Sydney a lingering issue
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Melbourne construction stalled by month-long lockdown, but Sydney a lingering issue
Tough new restrictions on Melbourne’s construction industry will cost the state millions in lost economic benefit and sideline thousands of tradies.
Bollywood restaurateur dishes out $3.5m to save ailing shopping hub
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Bollywood restaurateur dishes out $3.5m to save ailing shopping hub
Will Patel joined forces with a local property developer to take over ownership of the Helensvale Village after several shops closed their doors in the wake of Covid-19.
Charter Hall pays over $25m for Coles Five Dock
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Charter Hall pays over $25m for Coles Five Dock
A popular inner west Coles has been snapped up by one of Australia’s largest property investors who have gifted the current owners a monster payday.
Top commuter towns serve up commercial opportunities
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Top commuter towns serve up commercial opportunities
The residential property boom in regional towns is having a flow-on effect to commercial property markets with areas in demand with homebuyers offering savvy investors promising commercial opportunities.
Australian shopping centre set to become world’s most sustainable
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Australian shopping centre set to become world’s most sustainable
A Melbourne shopping centre that generates more energy than it consumes is aiming to become a world leader in sustainable retail design. Burwood Brickworks Shopping Centre is currently vying for an internationally recognised certification for its construction and ongoing operation.
Lessons from Melbourne: how prolonged lockdowns impact commercial property
Market Insights
Lessons from Melbourne: how prolonged lockdowns impact commercial property
Seven weeks into Sydney’s lockdown with no firm end in sight, what’s the outlook for the harbour city’s commercial property market? Looking to Melbourne’s experience of a protracted lockdown in 2020 could tell us what’s likely to happen next
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