Government Commercial Property News

Some of the nation’s largest property developers and owners are concerned that the NSW government’s $440 million commercial and residential tenancy code of conduct could financially hurt big and small landlords.

New South Wales is the latest state to announce additional funding to help commercial property landlords and small businesses survive the coronavirus crisis.

The Queensland government’s unveiling of a $400m land tax package for stressed landlords on Thursday is expected to trigger further relief for property owners nationally as commercial tenants demand rent holidays.

A technology precinct bordering Sydney’s Central Station is being fast-tracked, with a scheme by listed property company Dexus and Singapore-backed Frasers Property for a major commercial development to be approved as the NSW government positions the economy for a restart.

The Federal Government has confirmed details of its ‘mandatory code’ of rental waivers and deferrals for commercial property tenants affected by the coronavirus crisis.

Commercial tenants and landlords can expect a decision on a mandatory code to guide them through the coming months by Tuesday, the Federal Government says. On Saturday, MP Trent Zimmerman told ABC Radio confirmation of …

The commercial real estate industry has never faced anything as challenging as coronavirus.

Scott Morrison has warned commercial landlords they will be looking for new tenants in a “very bad market six months from now” if they fail to show rental mercy during the coronavirus pandemic.

Restaurants in New South Wales will have greater ability to serve takeaway food to help them weather the impact of the coronavirus, under new rules from the NSW Government.