Melbourne Commercial Property News

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

Shopping centre appetite continues in Melbourne’s southeast
A shopping centre in Melbourne’s southeastern suburbs has sold for more than $30 million to a new entrant to the market. This article originally appeared on
Towering ambition for $50m Box Hill site
Another towering residential development is a step closer in Melbourne boom suburb Box Hill, with a developer paying almost $50 million for a site with permits in place. Local developer CBD Development Group trumped overseas buyers …
The Pantry owners branch out in Brighton
The owners of Brighton culinary institution The Pantry will open a second eatery just metres away, after leasing a new space. What form the new cafe and restaurant takes at the upmarket bayside Melbourne suburb is yet to …
Demand for office space intensifies: Colliers
Demand for office space across major Australian markets remains strong this year, despite some tightening and a declining vacancy rate, according to Colliers International. This article originally appeared on
Melbourne Australia’s office rent boomtown
Office rents rose at a faster pace in Melbourne than Sydney during the June quarter, while a number of large leases are set to be struck in Sydney during the next three months. This article originally appeared on
‘The Block’ cafe snapped up before auction
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.
Foreign fashion brands eyeing Australian market
A string of high-end international retail brands are looking to set up CBD flagship stores on the east coast, including Italian designer Brunello Cucinelli and Venezuelan-American fashion and fragrance designer Carolina Herrera. This article originally appeared on
Australia Post sells $348m stake in police HQ
Australia Post has sold out of a Melbourne skyscraper that will house the Victoria Police headquarters in a $347.8 million deal just as ­incoming chief executive Christine Holgate prepares to overhaul Post’s operations. This article originally appeared on
Target HQ snapped up for $58m
The listed Centuria Metropolitan has snapped up the Target headquarters building being developed by Cedar Woods in the Williams Landing project in Melbourne’s southwest in a $58.23 million deal. This article originally appeared on
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