Melbourne Commercial Property News

Commercial property sales in Australia fell nearly 60% in the first quarter of the year after a stampede to buy assets caused a shortage of stock across the Asia-Pacific region, according to ­researcher Real Capital Analytics. This article originally appeared on theaustralian.com.au/property.

CBD landlords are looking to improve their returns by adding retail tenants in more places than only the ground level, while retailers are taking the opportunity to add extra floor space at limited extra cost, agents say. This article originally appeared on theaustralian.com.au/property.

Australia’s smallest commercial properties are enjoying a moment in the sun as investors chase cheaper entry points into the commercial market. A tiny 12sqm kiosk at Melbourne’s Northcote Plaza is the second kiosk to be …

Specialist accommodation group Scape Student Living has refined its plans for a tower opposite Melbourne’s RMIT University and flagged that it will introduce its City Living ownership model at the site. This article originally appeared on theaustralian.com.au/property.

Rents on office space in Sydney and Melbourne are soaring with fringe markets lifting in popularity, according to real estate agency Colliers International. This article originally appeared on theaustralian.com.au/property.

The Australian base of a US religious cult — whose founder quit amid a wave of allegations of sexual assault — is for sale on Melbourne’s fringe.

Chinese investors are tightening their grip on Victoria’s shopping centre market, with the Arena Shopping Centre in Melbourne’s south-east the latest to land in their hands. A Shenzhen buyer paid $48 million for the Officer centre, …

As land values rise, charities and not-for-profit organisations have been taking advantage of their increasingly valuable headquarters to fund operations. This article originally appeared on theaustralian.com.au/property.

National Australia Bank will move its offices sprinkled around the Melbourne CBD into a new $800 million office building being developed by Canadian giant Brookfield Property Partners. This article originally appeared on theaustralian.com.au/property.