Commercial property deals

The Victorian Government is embarking on a $250m firesale of surplus infill sites, including old schools, to fund its infrastructure projects.

AUCTION clearance rates for commercial properties were significantly down across Australia last week compared with the same period last year, new research from RP Data reveals. Just half of the 76 properties that went under the …

Burgess Rawson’s portfolio auctions last week showed no sign of post-Budget blues, with sales up 46% compared with last year’s May event.

Stockland is tipped to sweeten its takeover offer for Australand and Yatala Pies buys room to move in the latest commercial property market moves.

For the eighth month in a row, the official cash rate has remained steady at 2.5%, after the Reserve Bank of Australia decided last week there were no compelling reasons to lift or decrease it. …

THE $496 million sale of a 50% stake in Northland Shopping Centre, Victoria, last week marked a full recovery in the large retail mall sector. The share offloaded by Canada Pension Plan Investment Fund to …

This is a pub. The watering hole of Mick “Crocodile” Dundee – the Walkabout Creek Hotel – has sold for a “significant six-figure sum”.

Shopping centres are big business – and we’re not just talking about the money flowing through the cash registers. Most of us think of shopping centres as where we buy the groceries, birthday presents and …