Commercial Property Development News

Commercial property development news and market insights.

WWII naval dockyard floated onto Brisbane market
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WWII naval dockyard floated onto Brisbane market
A mammoth section of prime waterfront land in Brisbane is being sold off, ripe for commercial and residential redevelopment.
Melbourne University college on market for first time
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Melbourne University college on market for first time
A Melbourne University college is on the market for the first time in its 51-year existence, and could be a target for residential developers.
Seymour goes cold on Brisbane apartment development
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Seymour goes cold on Brisbane apartment development
Veteran Queensland developer and rich-lister Kevin Seymour will mothball a $200 million apartment project in Brisbane until the next property cycle. This article originally appeared on theaustralian.com.au/property.
Malaysian developer pays $3.8 million premium for Prahran site
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Malaysian developer pays $3.8 million premium for Prahran site
Malaysian developer SP Setia has made another land grab in Melbourne, paying $10 million for a permitted site in inner-city Prahran.
Failed Mowbray College school site to fetch $11 million
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Failed Mowbray College school site to fetch $11 million
A site slated for a new grammar school in Melbourne’s western suburbs will be sold after its owner, a local councillor, failed to get the project off the ground.
Oceania turns quick profit on Croydon development site
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Oceania turns quick profit on Croydon development site
Sydney-based developer Oceania Property Group has sold a residential development site in Sydney’s inner west, as developers flip sites in the wake of tougher market conditions. This article originally appeared on theaustralian.com.au/property.
Competition heats up for Newport Marina
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Competition heats up for Newport Marina
Investors and developers are circling a Queensland marina with an eye to developing a retail and residential hub.
Hong Kong billionaire picks off third Gold Coast site
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Hong Kong billionaire picks off third Gold Coast site
Hong Kong billionaire developer Tony Fung’s Aquis Australia has made its third major Surfers Paradise development site acquisition within 12 months.
Chiwayland drops plans for Parramatta project
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Chiwayland drops plans for Parramatta project
Chinese developer Chiwayland says it is looking to buy more sites, while putting its 2830sqm parcel in Parramatta on the market. This article originally appeared on theaustralian.com.au/property.
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