Commercial Property Development News

Leading shopping centre managers are tipped to bid for Commonwealth Superannuation Cor­p­oration’s half stake in Brisbane’s Indooroopilly Shopping Centre in a deal that could reap the fund up to $1 billion. This article originally appeared on theaustralian.com.au/property.

A deal to sell a Melbourne “super site” that saw a group of neighbours join forces to sell eight residential blocks as one is only days away from being completed, and already there are more sites on the …

A controversial glass box concept plan at Sydney’s The Rocks is long gone and the popular restaurants lining the harbourfront are closed as wealthy businessman Chris Drivas forges ahead with a $32 million redevelopment of the historic Campbell’s Stores. This article originally appeared on theaustralian.com.au/property.

A developer has made more than $2.6 million selling an Ettalong Beach site on the New South Wales Central Coast, once earmarked for a controversial boarding house.

Mirvac Group has become the latest landlord to embrace the hi-tech sector, launching Hoist, which it is pitching as a co-working partnership with incubator York Butter Factory, starting at the Australian Technology Park in Redfern in inner city Sydney. This article originally appeared on theaustralian.com.au/property.

A redevelopment at Hobart’s Museum of Old and New Art will include a five-star, 172-room hotel that extends out over the River Derwent.

Facebook is now so big that the social media goliath plans to build its own town in California’s Silicon Valley. According to a post on the company’s blog last week, Facebook plans to develop the …

Canadian giant Brookfield is advancing the development of Perth’s tallest tower at the gateway of the city’s $2.6 billion Elizabeth Quay precinct, winning council backing for the architecturally striking project. This article originally appeared on theaustralian.com.au/property.

Singapore-listed developer Wee Hur has created a specific trust to fund and build 5000 student accommodation beds in Australia’s major cities, using its existing Brisbane and Adelaide sites as the first tranche. This article originally appeared on theaustralian.com.au/property.