Inner City Commercial Property News

Singapore-listed developer Lian Beng Group has flipped a Melbourne site for a tidy $10 million profit after owning it for less than two years. This article originally appeared on theaustralian.com.au/property.

Young businessmen Rhys Wil­liams and Alex Thorpe are scouring Sydney and Melbourne for inner-city sites to grow their fledgling Veriu contemporary hotel brand. This article originally appeared on theaustralian.com.au/property.

Before there was Vivid Sydney and long before Melbourne’s White Night, Prahran laneway Gertrude St was lit up like Christmas, for its annual Projection Festival. The festival, which is celebrating its 10th year, sees musicians and lighting …

Mirvac Group has become the latest landlord to embrace the hi-tech sector, launching Hoist, which it is pitching as a co-working partnership with incubator York Butter Factory, starting at the Australian Technology Park in Redfern in inner city Sydney. This article originally appeared on theaustralian.com.au/property.

A Melbourne cafe built as part of reality TV show The Block has sold for $975,000, just days before it was scheduled to go to auction.

An offshore group has swooped on the Bakehouse Quarter in Sydney’s inner west with the deal rumoured to have been struck at $380 million as major sites with future residential potential remain hot property across the city. This article originally appeared on theaustralian.com.au/property.

Some of Melbourne’s most stunning commercial properties are throwing open their doors this Saturday and Sunday as part of the annual Open House Melbourne weekend.

Lendlease has officially kicked off construction on the world’s tallest engineered timber office building, committing to increase the amount of renewable products it uses in the future. This article originally appeared on theaustralian.com.au/property.

At least 30 buildings in Melbourne are still rated as fire risks or “non-compliant” because they have cladding panels similar to those that accelerated a high-rise fire in the city in 2014 and are suspected of contributing to London’s deadly tower inferno. This article originally appeared on theaustralian.com/property.