Inner City Commercial Property News

Inner city commercial property news, commercial real estate market data, business news and insights.

Redfern’s ‘Gracelands’ backpackers sells to local cafe owner
News
Redfern’s ‘Gracelands’ backpackers sells to local cafe owner
Gracelands, a bright blue landmark on bustling Cleveland St that had previously played shelter to rock stars, a mayor, and countless backpackers, has just sold for $3.6625 million. Formerly known as Meath House, a grand …
Melbourne Uni in deal to build student accommodation worth $300m
News
Melbourne Uni in deal to build student accommodation worth $300m
AMP Capital and the University of Melbourne have partnered in a 40-year deal to deliver $300 million worth of student accommodation.
Boston investment group buys up more Sydney assets
News
Boston investment group buys up more Sydney assets
Boston-based investment manager AEW Capital Management has bolstered its Australian holdings with the $143 million purchase of a Pyrmont office building in one of the largest plays in Sydney’s fringe market this year. The group …
Blockbuster result for Coburg Drive-In
News
Blockbuster result for Coburg Drive-In
One of Victoria’s last remaining drive-in cinemas has been reeled in by a buyer for $12.5 million.
Dexus ups ante in Perth with major leasing deals
News
Dexus ups ante in Perth with major leasing deals
Dexus has struck major leasing deals in Perth’s improving property market and also tapped a branch of UTS as a prospective occupant for a building near Sydney’s Central station. 
Brisbane’s ‘The Barracks’ picked up by Fortius
News
Brisbane’s ‘The Barracks’ picked up by Fortius
Fortius Funds Management has bought a major mixed-use complex in Brisbane, known as The Barracks, from financial services company Challenger for about $162 million. 
South Koreans close to selling Coca-Cola Place
News
South Koreans close to selling Coca-Cola Place
South Korea’s National Pension Service is edging closer to selling two major office towers in North Sydney and Melbourne worth more than $500 million.
Brisbane’s Bulimba Barracks site up for sale
News
Brisbane’s Bulimba Barracks site up for sale
The Department of Defence has put Brisbane’s Bulimba Barracks on the market, unlocking 20ha of prime waterfront land.
The Espy’s stunning new look revealed ahead of reopening
Inspiration & Style
The Espy’s stunning new look revealed ahead of reopening
The Espy’s striking new look has been revealed ahead of the St Kilda landmark’s long-awaited reopening this Friday, November 23.
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