Commercial Property Development News

Commercial property development news and market insights.

Old Geelong Grammar transformed from squat to student digs
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Old Geelong Grammar transformed from squat to student digs
The former Geelong Grammar School has hit the market after renovators waved their magic wands and transformed it into a student accommodation facility.
Residents fire up against $50m Tasmanian hotel
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Residents fire up against $50m Tasmanian hotel
Ratepayers have asked the Clarence City Council to revoke its preferred development deal with the company planning to build a hotel on Rosny Hill.
Plan for cafe laneway behind Sydney’s Robin Hood pub
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Plan for cafe laneway behind Sydney’s Robin Hood pub
The family that owns the Robin Hood pub in Sydney’s east want to create a retail laneway behind it similar to Broadway’s Kensington St, with new restaurants and cafes and even bee hives on the roof.
Barangaroo timber office sells for $250m
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Barangaroo timber office sells for $250m
The Hong Kong Monetary Authority and Lendlease’s Australian Prime Property Fund Commercial have teamed up to swoop on the listed developer’s timber office building at Sydney’s Barangaroo South precinct for about $250 million.
Marriott to open Westin hotel at Adelaide GPO
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Marriott to open Westin hotel at Adelaide GPO
The world’s largest hotel chain Marriott International has signed an agreement with developer Greaton Group to open a Westin hotel and resort in South Australia as part of the redevelopment of the Adelaide General Post Office.
Melbourne office rents must rise: Mirvac
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Melbourne office rents must rise: Mirvac
Property group Mirvac believes that office rents in Melbourne will have to rise to spark the building of the next wave of office skyscrapers, as the cost of assembling sites soars.
Big names vie for Sydney station development contracts
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Big names vie for Sydney station development contracts
The contest to develop new skyscrapers above railway stations for Sydney’s planned metro network has drawn some the biggest names in local and international property, with local giant Lendlease going up against Canada’s Brookfield, a bid by Spanish-backed giant CIMIC and Grocon and another from Malaysia’s UEM Sunrise.
Brisbane’s QueensPlaza could welcome ‘high-end’ hotel
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Brisbane’s QueensPlaza could welcome ‘high-end’ hotel
Brisbane’s Queen Street Mall looks set to get its third hotel, with Vicinity Centres hinting at plans to add to its luxury QueensPlaza complex. 
HK group spends $200m on Mercedes-Benz showrooms
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HK group spends $200m on Mercedes-Benz showrooms
Hong Kong’s Lei Shing Hong group is spending $200 million developing new Mercedes-Benz showrooms in Queensland and a new “glass box” lifestyle store in the Brisbane CBD.
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