Inner City Commercial Property News

The opportunity to be the very first owner of a new Aldi supermarket is up for grabs in inner-city Melbourne. Scheduled for completion next year as part of the Lyric Building development in Fitzroy, the …

Chapel Street has been revealed as the location of Melbourne’s first Taco Bell outlet, as the fast food brand continues its Australian expansion.

Prominent eastern suburbs investor Vaughan Blank has paid $12.8 million — millions above reserve — for Sydney’s first kosher butcher’s shop in Bondi Beach.

Singaporean-based funds manager ARA Asset Management is leading the pack to acquire the $350 million Victoria Place in East Melbourne office project planned in the tightly held precinct.

The Independent Planning Commission has rejected The Star Casino’s plans for a hotel tower in Pyrmont – a proposal which caused a storm in government after the planning department recommended rejection earlier this year.

Financial services giant Zurich Insurance’s turn as a developer has generated solid returns, with property heavyweight CBRE Global Investors swooping on its under-construction headquarters in North Sydney for about $350 million.

Developer TOGA’s long-awaited redevelopment of Surry Hills Village — that some unkindly refer to as “Murder Mall’ — has been given the thumbs up by City of Sydney council.

The residential property market might be bouncing back strongly but office landlords are still buying up sites where luxury apartments had been planned, while the pre-sale market remains flat.

Diversified property company Stockland is making a major return to office developments and on Friday unveiled a major amalgamation play in the hot North Sydney market.