Commercial Property Development News

Commercial property development news and market insights.

Ross Pelligra: ‘Australia has not seen development yet’
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Ross Pelligra: ‘Australia has not seen development yet’
He was the unknown buyer of Adelaide’s old Holden factory and now this developer is embarking on an ambitious ‘build it and they will come’ plan.
Units in $500 million St Leonards development to come ‘for free’ with Elon Musk’s Teslas
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Units in $500 million St Leonards development to come ‘for free’ with Elon Musk’s Teslas
In a genius piece of marketing that would make Elon Musk proud, his beloved Teslas are being offered as part of a package deal in a new development.
Accor places Brisbane Mövenpick Hotel on hold, searches for new site
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Accor places Brisbane Mövenpick Hotel on hold, searches for new site
Hotelier Accor has put its plans for a Mövenpick Hotel in Brisbane on hold as it searches for a new site after decoupling from Keylin Group’s residential tower in Spring Hill.
Bank of China eyes $80m Sydney CBD office sale
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Bank of China eyes $80m Sydney CBD office sale
The Bank of China has tapped real estate agents for advice on the sale of its former building in the Sydney CBD, with the York St asset tipped to sell for more than $80m.
Housing needs in full flight as migration rises
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Housing needs in full flight as migration rises
A lift in the migration cap, which could see thousands of additional people enter the country, will put additional pressure on Australia’s beleaguered residential rental market.
Darling Harbour’s $2 billion ‘reimagination’ to begin via Mirvac in January 2023
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Darling Harbour’s $2 billion ‘reimagination’ to begin via Mirvac in January 2023
Work on the redevelopment of Darling Harbour will start next year, after the NSW government gave Mirvac its blessing to transform the one-time Sydney jewel attraction.
Super-sized Docklands rooftop pool tipped to host A-list Hollywood stars
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Super-sized Docklands rooftop pool tipped to host A-list Hollywood stars
Australia’s largest rooftop infinity pool is headed to Docklands as part of a new development A-list Hollywood celebrities could soon flock to. Here’s why.
Sydney CBD gem to draw heavyweights as redevelopment beckons
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Sydney CBD gem to draw heavyweights as redevelopment beckons
Listed company Mirvac and US private equity house Blackstone are beginning the sale of Margaret St and MetCentre in Sydney’s CBD.
Lendlease chases Vic Cross partners as North Sydney fires
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Lendlease chases Vic Cross partners as North Sydney fires
Lendlease is backing its conviction in the $1.4bn tower and retail complex it is building above the Victoria Cross Station ­development in North Sydney.
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