National Commercial Property News

National commercial property news, commercial real estate market data, business news and insights.

Australian retailers step up store re-openings
News
Australian retailers step up store re-openings
Retailers around Australia are stepping up store re-openings as major shopping centre landlords prepare to resume full trade despite simmering tensions over rental payments during the crisis threatening to boil over.
Commercial property weathers initial coronavirus impact: survey
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Commercial property weathers initial coronavirus impact: survey
The early onset of coronavirus in Australia left commercial property sentiment largely unscathed through the first quarter, with only the hotel sector fielding a mass hit to confidence, according to NAB’s latest Commercial Property Survey.
Australian retail readies for coronavirus comeback
News
Australian retail readies for coronavirus comeback
Australia’s $325 billion retail sector is hoping to return to work from as early as next week, but only if it’s safe to do so, says Paul Zahra, chief executive of the Australian Retailers Association.
Investors seek government properties to ride out COVID storm
News
Investors seek government properties to ride out COVID storm
As Australian investors search for safe places to ride out the current global pandemic, increasing numbers are seeking the security of government-leased commercial property.
TV appearance pushes country pub to number one
News
TV appearance pushes country pub to number one
An appearance on Selling Houses Australia did more than just give a quirky pub in regional Victoria a new lease on life. The interest generated by the reality TV episode saw the The Club Hotel at …
Scentre, Vicinity consider $4bn shopping centre selloff
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Scentre, Vicinity consider $4bn shopping centre selloff
Billions of dollars worth of property could be sold off by major mall owners Scentre, which runs the local Westfield empire, and rival Vicinity Centres, as they battle a permanent fall off in values, Citi has warned.
5 amazing offices from around the world
Inspiration & Style
5 amazing offices from around the world
While much of the world is working from home right now, for millions of office workers around the globe it’s comforting to know that there are some truly incredible office environments to return to once …
Scape closes $2bn student accommodation deal
News
Scape closes $2bn student accommodation deal
The country’s largest owner and operator of student accommodation, Scape Australia, has defied the coronavirus crisis to close the $2bn acquisition of the rival Urbanest business and has called for “balanced consideration” in the relationship with China.
Logistics sites a safe haven as demand builds for Aldi distribution centres
News
Logistics sites a safe haven as demand builds for Aldi distribution centres
More than $1bn worth of property sale and leaseback deals are in train as investors chase the safe haven offered by logistics and industrial property even amid concerns about a broader slow down in commercial real estate.
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