Melbourne Commercial Property News

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 theaustralian.com.au/property.

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 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 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 theaustralian.com.au/property.

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 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.

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 theaustralian.com.au/property.

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 theaustralian.com.au/property.

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 theaustralian.com.au/property.