National Commercial Property News

The arrival of online shopping behemoth Amazon could hit some secondary shopping centres but the future of major malls in Australia remains bright, driven by the growing population, planning constraints and limited new supply, analysis by investment bank Moelis & Co. suggests.

Singapore’s Ascott group has ploughed $180 million into Quest Apartment Hotels, increasing its stake from 20% to 80%, claiming it is now Australia’s largest serviced residence provider.

We’ve seen architects making bold environmental statements in recent years, with buildings covered in trees and with greenery built into their designs.

Commercial property volumes are tracking below last year’s record volumes but a series of major office and retail portfolios are close to changing hands, potentially lifting this years’s sales closer to the $29 billion record. This article originally appeared on theaustralian.com.au/property.

The golden child of commercial property without a doubt is industrial warehousing, driven almost in its entirety by technological disruption. This article originally appeared on theaustralian.com.au/property.

A stunning redevelopment at Sinagapore’s Changi Airport has been unveiled, with the $1.7 billion upgrade to feature incredible parks and attractions. The Jewel Changi Airport development will be home to Canopy Park – a 14,000sqm …

Bunnings Warehouse has opened its third UK store as the Australian home and hardware chain’s overseas expansion gathers pace.

The $20,000 asset write-off will come under intense scrutiny this tax season amid concern some small businesses will try to rort the generous concession.

More than $1 billion was wiped off top retailers on Monday as online giant Amazon’s multi-billion-dollar move on high-end supermarket Whole Foods Market in the US sparked fears that major grocery sellers could be hit if the tie-up was rolled out locally. This article originally appeared on theaustralian.com.au/property.