Commercial Property Development News

Commercial property development news and market insights.

News
Holiday Inn to be Geelong’s first new hotel in 20 years
Geelong’s first new hotel in nearly two decades is set to open in 2020 following a deal with global hotel brand Holiday Inn.
News
No apartments: Childcare centre swoops on $60m South Melbourne site
A childcare operator has trumped developers by paying $60 million for a South Melbourne development site with permits for four residential towers and more than 1000 apartments. But Little Lane Early Learning Centre has reportedly …
News
Wanda sell-off puts $5bn Gold Coast, Sydney projects in doubt
The commitment of Chinese conglomerate Dalian Wanda to its $2 billion projects in Sydney and Surfers Paradise is again in doubt, with the company offering to bundle up and sell its international apartment and hotel projects in a $6.6 billion mega-deal.
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Luxury retailers wait for Brisbane’s Queen’s Wharf
High-end retailers are postponing their foray into Brisbane until the luxury Queen’s Wharf project is completed in the next decade. 
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Property NSW to sell state’s historic first apartment block
The first apartment block ever built in New South Wales is on the market as part of a small portfolio of properties being offloaded by Property NSW.
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Planning tick for twin towers at former Gold Coast caravan park
Gold Coast City Council’s planning committee has given the green light to a new twin tower residential development as part of the “renaissance” of Palm Beach. 
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Labor demands public input on Hobart Treasury building’s future
Labor wants a public discussion about the future of Hobart’s iconic Treasury building.
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Calls mount to develop Hobart’s Treasury Building
The State Government should seek international expressions of interest in developing Hobart’s “neglected” Treasury Building into an outstanding hospitality precinct, Tasmania’s peak tourism body says.
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Two Sydney metro stations set for multi-billion-dollar towers
Major infrastructure and property groups, including Chinese-backed John Holland and Lendlease, are expected to team up with listed trusts to vie for the rights to develop multi-billion-dollar towers above new metro stations in Sydney’s CBD and North Sydney.
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