National Commercial Property News

Big superannuation funds are back in retail property. After suffering through lean years in what had once been a favoured asset class, they are willing to spend again.

Divergent population forecasts paint fundamentally different versions of the nation’s future.

Sydney’s emerging tech precinct next to Central Station has been bolstered by a $3bn development, which is a joint venture between Frasers Property Australia and Dexus, winning approval.

For commercial property players, there’s plenty to like about the new federal budget, which will boost the childcare, healthcare and industrial sectors, encourage planning reform and prove our fiscal strength to overseas investors, experts say.

One of Australia’s biggest homemaker centres has changed hands for a mega $282 million, marking the second largest sale on record for the large format retail sector.

The budget provides targeted relief to those who need it most, with a focus on housing, improving access to childcare and healthcare.

The family that has managed Kangertong for more than a century is selling up. They’ll be hoping that record milk prices are enough to lure buyers at a time when dairy farms are facing high production costs and ongoing labour shortages.

The rural homestead has a range of luxury amenities including 20 rooms, a heated swimming pool with a built-in beer system and an income stream.

The supermarket giant will splash $400m expanding in Western Sydney as more companies chase modern facilities.