Melbourne Commercial Property News

The Greg Paramor-led Folkestone has struck a deal that will see it develop a $70 million shopping centre and large format retail site in the Melbourne suburb of Altona North. This article originally appeared on theaustralian.com.au/property.

A Chinese developer has splashed more than $30 million on one of the largest individual landholdings on the Mornington Peninsula. The 63ha Morning Star Estate in Mt Eliza was sold by CBRE for $36.2 million when it changed …

A mega splurge on transportation infrastructure has buoyed overseas investors as confidence in the Aussie industrial market lifts to record highs.  A report from global property services firm, JLL has revealed Australia remains one of …

Chinese-backed investment firm iProsperity Group has pushed further into the Australian market, swooping on a shopping centre in suburban Melbourne in a deal worth $45 million. This article originally appeared on theaustralian.com.au/property.

With the number of car parking spaces in Melbourne’s inner city continuing to dwindle, the sale of more than 500 of them below an office complex on St Kilda Rd is set to spark investor interest.

Melbourne’s eastern suburbs are set to get a $1 billion residential, retail and office development, with private developers Schiavello and The Saraceno Group teaming up for a new project near Monash University.

The CFMEU has sold its Melbourne headquarters to South African student accommodation developer Redefine Properties for about $27 million. This article originally appeared on theaustralian.com.au/property.

The Espy will be revamped by the design team behind some of Melbourne’s most cutting edge restaurant and bar interiors.

An Armadale shop tenanted by former Carlton footballer Chris Judd’s and his wife Rebecca’s athletic apparel company is set to be put on the block. The building in the upmarket High St retail strip is …