Queensland Commercial Property News

Queensland commercial property news, commercial real estate market data, business news and insights.

Historic Turkish bath turned bank could hold some steamy secrets
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Historic Turkish bath turned bank could hold some steamy secrets
An historic former Turkish bath turned bank in the heart of Brisbane’s CBD is on the market for the first time in 25 years.
Richlist cattleman lands $9.8m for Mount Walker farm
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Richlist cattleman lands $9.8m for Mount Walker farm
One of Australia’s biggest feedlot owners scored the top sale at Sunday’s Brisbane 100, securing $9.8m for an enormous 872ha farm an hour from Brisbane as 114 homes went to auction.
Quintessential agrees to pay $250m for Brisbane CBD tower
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Quintessential agrees to pay $250m for Brisbane CBD tower
Fund manager Quintessential has settled on Brisbane’s largest office purchase this year, buying 240 Queen St after seller Brookfield cut the price.
Ghost developments: Australia’s tourism meccas that are no more (or never were)
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Ghost developments: Australia’s tourism meccas that are no more (or never were)
From glittering island casinos to sun-dappled water parks, many of Australia’s former tourist meccas now sit abandoned as mere shells of their once glory days. While some of these once thriving holiday destinations have been …
Commercial buyer’s agent Costi Cohen exchanges $40m of property in two weeks
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Commercial buyer’s agent Costi Cohen exchanges $40m of property in two weeks
Land in western Sydney’s Aerotropolis precinct; a Guzman and Gomez in Tamworth and a Brisbane servo were among $40m in deals over two weeks by a prominent buyer’s agent.
Centuria Diversified Property Fund sells off properties in Canberra and Maroochydore
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Centuria Diversified Property Fund sells off properties in Canberra and Maroochydore
The group has offloaded more office buildings, reaping $53m in the latest sales, but says that it is getting good prices.
An extra 11 office towers are needed in the Brisbane to cater for a surge in demand
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An extra 11 office towers are needed in the Brisbane to cater for a surge in demand
A multi-billion dollar office tower construction rollout will be needed in the Brisbane CBD to cope with a surging population.
Investor demand grows for entire apartment blocks amid record low rental vacancies
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Investor demand grows for entire apartment blocks amid record low rental vacancies
As the rental market crisis deepens, investor demand for entire apartment blocks is surging around the country.  In Sydney, two recent unit block sales netted over $12 million, indicating robust buyer interest. One was an …
Brisbane CBD tower being sold by DWS Group could trade for $112m
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Brisbane CBD tower being sold by DWS Group could trade for $112m
The Brisbane office market is springing back as private buyers get active, including funds manager Clarence Property emerging as the suitor for a prime CBD site.
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