Commercial Property Development News

Australia has taken another leap in capitalising on the artificial intelligence boom, with Macquarie Technology Group starting construction on a new $350m data centre in Sydney.

The property industry has been hit by a wave of redundancies as large companies combat the stalling commercial market with cost cutting in traditional areas.

This could just be the never-ending skyscraper.

Southeast Queensland developer and builder Mosaic has committed to an expansion of its Gold Coast pipeline with the acquisition of a beachfront site overlooking Palm Beach.

Urban Property has snapped up a stalled project from St Hilliers, and is looking to put its own stamp on a three tower precinct.

New buildings up to 11 storeys tall could sit alongside the heritage-listed St George’s Presbyterian Church as buyers contemplate how best to reshape the prominent corner.

The under fire developer wants to bring a new luxury tower to one of the Victorian capital’s top addresses as the city’s apartments come back.

The 2024 federal budget has unveiled a range of initiatives aimed at tackling Australia’s housing issues head-on, but it’s also provided billions of dollars to build more infrastructure across the country. The measures include bolstering the …

After six decades of business, Meriton boss Harry Triguboff says he will stop developing as many apartments given the difficulty in selling them thanks to high interest rates.