Melbourne Commercial Property News

Melbourne’s office market is about to be tested by JPMorgan Asset Management, which has put a Southbank tower on the block for more than $400 million.

St Kilda landmark the Esplanade Hotel has been sold to a US private equity giant as part of Australian Venue Company’s acquisition of eight Sandhill Road Group venues.

Melbourne’s CBD is headed to a potentially unprecedented shopping spree with two big name retail hubs for sale at the same time.

A landmark property with its own hospital on the outskirts of Melbourne could be revamped as a European-style health retreat and medispa.

The former home of KeepCup is up for sale in the environmentally conscious inner north.

A prominent piece of history has hit the market in Port Melbourne with buyers expected to pay north of $3 million for the historic gem.

The sale of 33 convenience retail outlets owned by 7-Eleven is being heralded as one of the most successful commercial portfolios in history, after every one of the properties sold for a combined $156 million.

Last drinks have been called once more in Toolangi.

The stiff demand for office assets around Australia has been put on display with Singapore-listed ARA Asset Management Limited teaming with QuadReal Property Group to pre-purchase an East Melbourne office block for about $330 million.