Commercial Property Development News

Commercial property development news and market insights.

5 factors that make an office building right for apartments
News
5 factors that make an office building right for apartments
There’s a lot of talk at the moment about the number of old office towers getting a new lease of life as apartment buildings. JLL research shows office buildings that are suitable for conversion to …
Perth hotel market checking in for 4000 new rooms
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Perth hotel market checking in for 4000 new rooms
More than 4000 new hotel rooms are on the drawing board in Perth, and another 700 in Fremantle, as developers tip more than $3 billion into the western cities in the next five years. Property …
Why are so many old offices being turned into new homes?
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Why are so many old offices being turned into new homes?
Demand for inner-city living is giving old office blocks a new lease on life – as apartments. Low interest rates and strong housing markets are fuelling the demand for inner-city apartments. Melbourne and Sydney are …
Qantas turbulence minimal for commercial property
News
Qantas turbulence minimal for commercial property
It has been billed as the dog fight of the century and, in the latest round, Qantas is finishing dead last – both in its financial results and in the political manoeuvrings in Canberra. The …
Australia’s smaller airports primed for take-off
News
Australia’s smaller airports primed for take-off
Despite the odd pocket of turbulence, demand for airline seats has proved reliably strong thanks to the high Australian dollar; fly in fly out mining workers and the growth of outbound tourism in Asia.
Commercial property a bright spot for the economy
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Commercial property a bright spot for the economy
Commercial property will help Australia’s economy shift away from mining investment, a new survey reveals. The Property Council-ANZ Property Industry Confidence Index shows commercial market sentiment lifted in the March quarter survey.
Industrial market: All we want for Christmas is land
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Industrial market: All we want for Christmas is land
More land for future development is on the Christmas wish-list for Australia’s industrial property market. Market experts believe logistics companies on the hunt for locations close to road, rail and port hubs will help drive the market in 2014.
Tasmania: crouching tiger or hidden devil for property investors?
Investing
Tasmania: crouching tiger or hidden devil for property investors?
The Apple Isle has been feeling the pain of the retreating forest and manufacturing sectors, but opportunities for investors remain, Paul Thornhill finds.
News
Squeeze on Sydney retail space
Sydney is fast running out of retail space and has the nation’s smallest amount of floor space per resident, new research reveals.
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