Commercial Property Development News

Office developers are focusing their attention on suburban areas as major tenants look for alternatives to city centres in the wake of the coronavirus crisis.

North Sydney is set for a commercial development boom worth more than $1.5 billion, and major tenants are believed to already be interested in crossing the bridge.

Sasha Pol grew up swimming at the sheltered Gnarabup beach below a prime piece of clifftop real estate where a resort and houses are now planned.

The largest development opportunity to grace the inner west in more than a decade is set to see a 3.14ha industrial site transformed into high density apartments.

The Eastland shopping precinct is set to become Melbourne’s latest major suburban business hub as construction kicks off on a new green office tower.

The redevelopment of the former Larundel Hospital has reached a significant milestone, with the $500 million project entering its 10th year.

A tree-covered apartment building planned for Brisbane is hoped to put the river city on the world map alongside some of the world’s greenest destinations.

Investment manager Mayfair 101 has been hit by a ruling in the Victorian Supreme Court that ordered its IPO Wealth Holdings unit into provisional liquidation and could crimp its dreams of reviving Queensland tourism icon Dunk Island.

Multi-billionaire developer Harry Triguboff will stimulate the embattled tourism economy by reopening 10 of his serviced apartment towers in NSW or Queensland each week for the next 10 weeks, but he says people must get back to work.