Coronavirus Commercial News

Billions of dollars worth of office towers are trading but pricing is fluid as the cost of money heads higher.

Dating back to the 1800s, the former Bendigo ‘Beehive’ Mining Exchange building has hit the market after undergoing extensive and award-winning renovations.

Not even the world’s oldest profession could survive Covid-19, with one of North Queensland’s last remaining brothels listed for sale, complete with mirrors on the ceiling.

Investors are showing great faith in hospitality opportunities as pubs rebounds very strongly from the devastating impact of Covid.

Work from home mandates dealt a harsh blow to flexible office providers and – for some in the sector – proved too tough to survive. But with offices now open again, the story is starting to shift. And far from spelling the end of the coworking, the rise of hybrid ways of working could actually prove a boon to the flexible office model.

Brothels have never had it so hard but that hasn’t diminished buyer interest in these properties when they come on the market.

The sale of Nimbo Fork Lodge for around $7m to acquisitive local agricultural land holder Brendon Stoney signals the tourism boom is on.

Canadian asset manager Brookfield has plenty in store across its property empire including a renewed focus on housing-related plays.

One of Geelong’s most spectacular historic homes is on the market, with City of Greater Geelong seeking new tenants for Newtown’s Ariston House.