Melbourne Commercial Property News

QIC Global Real Estate and joint venture partners MAB Corporation and Gibson Property Corporation will start work in the new year on the $40 million first stage of their Merrifield City Centre in Melbourne’s northern growth corridor.

Hoyts will open its new eight-screen cinema at The District Docklands shopping centre on Saturday, part of an ongoing $250m revitalisation project led by real estate investment group AsheMorgan. The new cinema, which Hoyts describes as …

Sydney-based Marprop has expanded ties with German-based funds manager GLL Real Estate Partners, with the pair sealing a deal to buy an office block on Melbourne’s St Kilda Rd from fund manager Bayley Stuart for close to $65 million.

A double-storey shop and home in South Melbourne’s iconic Emerald Hill Estate precinct is latest in the renowned strip to find a new owner.

A school linked to the controversial Church of Scientology is selling off its netball court and grounds for a million-dollar sum.

The Great Western. The Corkman. The Stork. The Greyhound. The Town Hall. The Exchange. To some, they were cultural institutions that deserved better; to others, struggling businesses sitting on valuable land.

If ever there was a shining example of the astronomical prices buyers will pay for retail on prime capital city streets, this is it.

Upmarket watch brand Rolex is buying the Victorian Liberal Party’s long-time headquarters in Exhibition St in Melbourne’s central business district for $37.1 million.

Melbourne’s central business district office towers are drawing capital from around the world with interests associated with Hong Kong’s Foo Hang Jewellery close to buying a major Collins St tower for about $315 million.