Melbourne Commercial Property News

Dexus Property Group is preparing to again put its stamp on Melbourne’s red hot office market, targeting a stake in the iconic $1 billion Rialto Towers from Kuwaiti-backed St Martin’s Properties.

An enforcement order compelling developers to rebuild the pub was found “not to be legally sound”, clearing the path for future development.

One of the premier gaming venues in Melbourne’s outer south-east, the Cardinia Club, has been snapped up for $16 million by Stronghold Investment Management. The hospitality and gaming venue in Pakenham has 105 gaming machines, a …

The 155-room Ibis Hotel Glen Waverley has had its expressions of interest campaign extended by three weeks, after failing to find a suitable suitor on a market full of reservations.

The tower’s announcement comes as a steady stream of tech companies and startups relocate to hipster-friendly Richmond and Cremorne.

GPT is looking to steal a march on its rivals by unveiling designs for a premium office tower that will sit atop Melbourne Central and become the central business district’s largest timber building.

A pair of neighbouring Prahran warehouses – one leased to juice giant Emma and Tom’s – are on the market, with the owners hoping the properties’ development upside will squeeze at least $8 million out a buyer.

Logistics property is locking in its status as one 2019’s busiest sectors, with funds managers AMP Capital and LOGOS announcing new deals in Sydney and Melbourne respectively.

The home of an iconic community radio station for more than a decade has hit the market.