Commercial Property Development News

Seniors living and aged care is tipped to become an increasingly hot sector in South East Queensland, with industry commentators predicting a boom in vertical ‘apartment-style’ aged care villages integrated with allied care.

The NSW government has confirmed Sydney’s Wentworth Park will not be turned into apartments when greyhound racing in the state ends next year. This article originally appeared on theaustralian.com.au/property.

Hong Kong-listed Far East Consortium has bought two lots in the Perth City Link project, with plans for a $219 million mixed-use development including a hotel and apartments. This article originally appeared on theaustralian.com.au/property.

A decision to subdivide and sell a tract of industrial land in south-west Sydney just two years after buying it has reaped Melbourne-based property fund manager Quintessential Equity a huge windfall.

Forget about baby formulas or ­vitamins, Australian homes could be the next hot commodity on China’s e-commerce market, particularly on WeChat, the popular Chinese chat app. This article originally appeared on theaustralian.com.au/property.

The United States has re-emerged as a dominant player in Australia’s commercial property market, eclipsing China as the biggest foreign investor in 2016.

Options abound for enormous Hunter Valley site, one of Victoria’s largest vineyards sells for $22 million-plus and a Brisbane health precinct up for grabs. MORE NEWS AND DEALS.

The Bondi building that once housed iconic beachside destination Bates Milk Bar is on the block, 65 years after it served its first malted milkshakes.

Middle Eastern and European pension funds continue to flock to Australian real estate with the Swiss, Swedish and Dutch in particular looking at alternate property classes in which to invest. This article originally appeared on theaustralian.com.au/property.