Commercial Property Development News

Melbourne’s new-look Jam Factory precinct in South Yarra will pave the way for the suburb’s office market to almost double in size over the next four years.

Lewis Land Group has struck a deal with French hotelier group Accor to manage a new 78-room mid-scale hotel at Rouse Hill, about 45km from the Sydney CBD.

Office property and funds management powerhouse Dexus is poised to buy QIC Global Real Estate’s prized 80 Collins St complex in central Melbourne, in a deal approaching $1.4 billion in value.

The western Sydney hub of Parramatta is on the rise with a brace of new office towers under way even as the residential property slump cripples the prospects of new apartment buildings.

The top end of Sydney’s office tower market is being dramatically reshaped by technology tenants that are turning parts of the city into hi-tech zones.

The race for QIC Global Real Estate’s prized Collins St complex in the heart of Melbourne central business district is coming to a head with two major listed Australian players, Dexus and Charter Hall, in contention as another prime contender, Mirvac, bows out.

It’s long been regarded as one of Adelaide’s most iconic city high-rises, built during the boom years following World War I.

The Melbourne skyline is changing and 80 Collins is one of the show-stopping designs taking shape at the ‘Paris end’ of Collins St in the CBD.

Tycoon Lang Walker has emerged as favourite to house more than 4000 state public servants in new towers in Sydney’s west, with his proposal edging out rival projects in Parramatta.