Melbourne Commercial Property News

Melbourne commercial property news, commercial real estate market data, business news and insights.

Melbourne office vacancy at 10.9 per cent, value falls expected: NAB
News
Melbourne office vacancy at 10.9 per cent, value falls expected: NAB
One of the nation’s top four lenders has major concerns about the CBD, with one in ten offices vacant and values expected to fall for years.
Stockland plans vast logistics precinct in Melbourne’s west
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Stockland plans vast logistics precinct in Melbourne’s west
Stockland has signalled it will forge much deeper into the logistics property market and is working on a $2bn industrial precinct in Melbourne’s west.
Melbourne construction stalled by month-long lockdown, but Sydney a lingering issue
News
Melbourne construction stalled by month-long lockdown, but Sydney a lingering issue
Tough new restrictions on Melbourne’s construction industry will cost the state millions in lost economic benefit and sideline thousands of tradies.
Former Atari headquarters sells for $24.25 million
News
Former Atari headquarters sells for $24.25 million
Sector Property Group purchased Atari’s former Melbourne headquarters and plans to turn the site into a self-storage and warehouse facility.
Melbourne still lags behind other cities as lockdowns hit office occupancy
News
Melbourne still lags behind other cities as lockdowns hit office occupancy
Sydney office occupancy levels plunged in July as lockdowns hit, but it’s Melbourne’s slow recovery that has landlords worried.
City hotels hit again as business travel slows with Sydney, Melbourne worst affected
News
City hotels hit again as business travel slows with Sydney, Melbourne worst affected
Accor chief Simon McGrath says the hotels most affected in the pandemic are those in Sydney and Melbourne, but areas such as the Gold Coast have lost feeder markets.
Chapel St, South Yarra: Rooftop bar and restaurant with ‘$300m view’ planned by Goldfields
News
Chapel St, South Yarra: Rooftop bar and restaurant with ‘$300m view’ planned by Goldfields
A ritzy bar and restaurant with a “contemporary Mediterranean aesthetic” is set to open in time for summer atop a new South Yarra tower. Get the first look.
Australian shopping centre set to become world’s most sustainable
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Australian shopping centre set to become world’s most sustainable
A Melbourne shopping centre that generates more energy than it consumes is aiming to become a world leader in sustainable retail design. Burwood Brickworks Shopping Centre is currently vying for an internationally recognised certification for its construction and ongoing operation.
Lessons from Melbourne: how prolonged lockdowns impact commercial property
Market Insights
Lessons from Melbourne: how prolonged lockdowns impact commercial property
Seven weeks into Sydney’s lockdown with no firm end in sight, what’s the outlook for the harbour city’s commercial property market? Looking to Melbourne’s experience of a protracted lockdown in 2020 could tell us what’s likely to happen next
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