Melbourne Commercial Property News

Indonesia’s billionaire Halim family is taking on another billionaire, James Packer, in the race to develop one of the nation’s first ultra luxury six-star hotels. This article originally appeared on theaustralian.com.au/property.

Come for the cars, stay for the history. Or maybe that epic apartment upstairs. Or perhaps the development potential.

Supermarket heavyweight Coles has sold a newly developed shopping centre at Coburg in Melbourne to a locally-based private investor.

The Lend Lease-managed fund APPF Commercial has acquired the first commercial tower in the $2 billion Melbourne Quarter project for more than $250 million. This article originally appeared on theaustralian.com.au/property.

National Australia Bank is considering taking space at Lang Walker’s $2.5 billion Collins Square project in Melbourne as it shakes up its office holdings in the city. This article originally appeared on theaustralian.com.au/property.

Melbourne is playing a lone hand in firing up Australia’s industrial leasing market, having been the only Australian city to record significant growth over the last year. SEE HOW YOUR CITY PERFORMED.

Victoria’s Planning Minister is considering new penalties for developments that affect heritage buildings following the unauthorised demolition of the Melbourne University law school’s favourite watering hole. This article originally appeared on theaustralian.com.au/property.

Forget fashions on the field, there’ll soon be a new silhouette to watch trackside.

Discount department store Target’s expected movement of its national distribution centre to a new facility in Melbourne’s west has opened up the largest industrial vacancy in Australia.