Melbourne Commercial Property News

Food and beverage operators are seeking smaller, kitted out premises as the demand for takeaway and home delivery grows due to the coronavirus pandemic.

Blue-chip companies and advisory firms are seeking to sublease space in key city towers as the coronavirus crisis hits home for corporate Australia.

COVID-19 has transformed aged-care facilities across Melbourne into a place few would want to call home.

Seven silos connected to those beneath Melbourne’s iconic Nylex Clock are being prepared for “a pretty careful bit of demolition” — by a robot named The Punisher.

Funds manager Centuria Capital has taken its property empire close to $10bn, with its listed industrial fund snapping up a Telstra data centre for $416m.

The landlord to some of Australia’s most famous pubs is charging full rent to tenant Woolworths-backed ALH Group and has boosted the value of its portfolio despite the coronavirus pandemic closing the doors of famed Victorian venues including Melbourne’s Young & Jackson Hotel.

Shopping centre owners have been slammed by the latest clampdown on retail in Victoria with restrictions hitting larger regional shopping malls particularly hard as they rely on discretionary retail and department stores.

The listed BWP Trust, which owns Bunnings warehouses around the country, says it is well positioned for the challenges created by the global COVID-19 pandemic, even as its anchor tenant readies for trade restrictions in Melbourne.

Supermarket giants Coles and Woolworths have introduced new trading hours during Melbourne’s Stage 4 coronavirus restrictions.