Gold Coast Commercial Property News

Aveo, bruised retirement village operator, could be poised to cash in a painful Gold Coast asset as it prepares to lift its operations, literally, in the tourism capital.

Marriott is vying with inter­national rivals to open a St Regis property at the troubled Yuhu ­development on the Gold Coast. 

The Future Fund is poised to exit about $850 million worth of retail property investments in Perth and on the Gold Coast as it capitalises its early moves in the sector made in the wake of the global financial crisis.

Ever thought about buying Movie World, Pacific Fair or the Skypoint Observation Deck?

Tony Quinn, who was naive to Australian ways when he arrived from Scotland but went on to make a couple of fortunes, has had a wee dabble on some Southport property.

Chinese-backed company Yuhu is pressing ahead with its ambitious roster of Sydney projects, including luxury hotel and apartment towers at the Gold Fields House site at Circular Quay, despite problems at its massive Jewel development in Surfers Paradise.

German supermarket powerhouse Kaufland has struck a fresh deal to expand into Queensland, with Bunnings landlord BWP Trust poised to sell it a site on the Gold Coast.

The embattled owner of Queensland’s Dreamworld theme park, Ardent Leisure, has flagged $86 million in writedowns in its parks unit, amid a slow recovery from the 2016 accident that claimed four lives.

The Singaporean family office fund-anchored Xgenesis is looking to cash in on surging interest for Gold Coast hotels by offering the Crowne Plaza Surfers Paradise with price expectations of $100 million-plus.