Melbourne Commercial Property News

Following the Yes vote for marriage equality and the Midsumma pride march last weekend, it seems fitting that Australia is set to welcome its first ever Pride Centre in 2020 in St Kilda, Melbourne.

The Victorian government has ­finalised a deal to buy the Carlton & United Breweries headquarters building in Melbourne’s Southbank for $95.5 million in a move that could spark a broader overhaul of the area.

Manulife Real Estate, the global real estate arm of Canada’s biggest insurer, Manulife Financial, has bought Myer’s headquarters at Victoria Harbour in the Docklands for close to $300 million.

A new co-working hub is set to open in Melbourne, with flexible workspace provider Spaces signing a leasing deal with global real estate giant Pembroke across two levels in the T&G Building. 

Billionaire John Gandel and the listed Vicinity Centres have lost a legal battle with department store Myer over rental payments at Melbourne shopping landmark Chadstone.

The first Marriott International hotel built in Australia in 20 years will proceed even if the bulk of residential apartments that form part of The Docklands project are on the market.

A childcare centre in Melbourne’s south could set the tone for another bumper year for the sector, with the new facility set to fetch in excess of $9 million.

A massive $1 billion redevelopment of Melbourne’s landmark Nylex clock site is a step closer after the developer was given the green light.

A stunning church hall and a shop within an historic former skating rink building and were among the most viewed properties sold and leased last week on Realcommercial.