Commercial Property Development News

Dubai-based Syrian billionaire Ghassan Aboud is planning a third $100 million Cairns hotel development, snapping up the Bellview Motel and Backpackers and an office block. This article originally appeared on theaustralian.com.au/property.

Developers are continuing to dominate the commercial property investment market, snapping up huge volumes of property as they ride the residential wave.

A derelict former brothel in inner-city Melbourne could be one of 2017’s biggest bargains, if proposals to demolish the site are approved after it is sold next month.

The National Australia Bank has committed to two major Sydney skyscrapers, with one to soar above Wynyard station in the CBD and the other in the emerging hub of Parramatta. This article originally appeared on theaustralian.com.au/property.

Chinese buyers are still coming to the Victorian capital as the mystery buyer of former Toll Holdings chief Paul Little’s $60 million Docklands twin towers development is revealed. This article originally appeared on theaustralian.com.au/property.

Prominent Sydney hotel owner and developer Iris Group has paid $39 million for a Newcastle site that carries approval for a major mixed-use project. This article originally appeared on theaustralian.com.au/property.

A Chinese theme park operator has unveiled plans to build a $400 million theme park on the Gold Coast. This article originally appeared on theaustralian.com.au/property.

Indonesia’s billionaire Halim family is taking on another billionaire, James Packer, in the race to develop one of the nation’s first ultra luxury six-star hotels. This article originally appeared on theaustralian.com.au/property.

Heavyweight property developers are eyeing construction of thousands of apartments on prime Sydney harbourfront after the Baird government reached a deal to move the Sydney Fish Market. This article originally appeared on theaustralian.com.au/property.