Commercial property deals

News & insights about the latest commercial property deals.

Nine Good Guys stores fetch good, good price in monster deal
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Nine Good Guys stores fetch good, good price in monster deal
Nine retail outlets leased to bulky goods chain The Good Guys have been sold for $92 million, in a series of deal spanning four states and involving multiple buyers.
$70m shopping hub coming to Altona North
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$70m shopping hub coming to Altona North
The Greg Paramor-led Folkestone has struck a deal that will see it develop a $70 million shopping centre and large format retail site in the Melbourne suburb of Altona North. This article originally appeared on theaustralian.com.au/property.
Victoria’s record year drives industrial market
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Victoria’s record year drives industrial market
Australia’s booming industrial and logistics industry has become a driving force behind the nation’s commercial property market.
‘Worst property in 30 years’, but derelict brothel could be a steal
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‘Worst property in 30 years’, but derelict brothel could be a steal
A derelict former brothel in inner-city Melbourne could be one of 2017’s biggest bargains, if proposals to demolish the site are approved after it is sold next month.
NBL team’s old digs still chasing buyer
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NBL team’s old digs still chasing buyer
For little more than the price of the average home in Sydney, you can own a basketball facility that just last year belonged to a professional team.
Celeb chef Matt Moran buys Clovelly Hotel
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Celeb chef Matt Moran buys Clovelly Hotel
Celebrity chef Matt Moran won’t have to wander far for a beer and a steak after he and pubs partner Bruce Solomon picked up the Clovelly Hotel. This article originally appeared on theaustralian.com.au/property.
The commercial property news that mattered most in 2016
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The commercial property news that mattered most in 2016
From Bunnings to brothels to Dreamworld, it’s been a huge year in Australian commercial property. 2016 ran the full gamut when it comes to news, and here are the 10 stories you couldn’t get enough of.
Holiday Inn Express checks into Melbourne’s west end
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Holiday Inn Express checks into Melbourne’s west end
Private investment firm Pro-invest Group has snapped up a second hotel site in Melbourne’s central business district and will develop a Holiday Inn Express on the $30 million property. This article originally appeared on theaustralian.com.au/property.
‘People’s Palace’ finds new rulers
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‘People’s Palace’ finds new rulers
A Salvation Army building known as the “People’s Palace” and operated as a cheap hotel for 104 years has sold for more than $2.7 million.
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