Melbourne Commercial Property News

US private equity major Blackstone is one of the world’s top property investors, which provides a key insight into the motivation of its proposed swoop on Crown Resorts.

Renowned Indigenous street artist Reko Rennie has created a colourful artwork that doubles as basketball court on a development site. Anyone can book a spot to play on the court for free for a limited time.

Melbourne’s famed Blackman Hotel site is awaiting a new operator after shutting its doors last year.

The Parkville Store site — in continual business for more than a century — is accordingly a local icon.

Journey Beyond is offering up levels 88 and 89 of Melbourne’s iconic Eureka Tower skyscraper for up to $50m as it reshapes its operations in the wake of the coronavirus crisis.

The COVID-19 pandemic will usher in a “new dawn” for Australia’s struggling central business districts, as falling rents spark an influx of smaller, vibrant firms, ­according to a new report from consulting firm PwC.

Thermal imaging kiosks with “Predator vision” will be used to entice Melburnians back to the office.

Diversified property trust GPT plunged to a $213.1m loss last year after taking heavy writedowns on its malls.

The sky’s the limit for ‘skinny skyscrapers’ with predictions the unique, slimline buildings will become more commonplace in Australia.