Queensland Commercial Property News

The Queensland government’s unveiling of a $400m land tax package for stressed landlords on Thursday is expected to trigger further relief for property owners nationally as commercial tenants demand rent holidays.

Australia is among the top three countries in the world best placed to ride out the economic fallout of COVID-19, with experts predicting property will signal the recovery.

Bargain-hunting investors are swarming over the Queensland market, with the state’s list of most-viewed properties filled with assets listed for urgent sales or with price reductions. These are the top five Queensland properties on Realcommercial …

Investors are still in the market for offices and retail on both the sale and leasing markets, with both featuring heavily amongst Realcommercial’s most-viewed listings of the week. A Queensland office building seeking a quick …

Major resorts and hotels including the multi-billionaire Oatley family’s flagship Hamilton Island in Queensland’s Whitsundays have closed, while Malaysian gaming giant Mulpha has shut its newly refurbished ultra-luxe InterContinental Hayman Island as the spread of COVID-19 continues apace.

Billionaire apartment developer Harry Triguboff has taken the tough decision to close two-thirds of his serviced apartment complexes on the eastern seaboard while calling on China to help Australia “fix” the coronavirus.

A property play has been underway that’s intended to contribute to the revitalisation of the retail strip overlooking the highway at Nobby Beach.

Brisbane’s office leasing market is locking in its status as the nation’s most active as a series of deals is struck, with Investa Property Group and Charter Hall in talks with investment house QIC Global Real Estate to anchor their planned tower in the city and ­potentially take a slice in the ­development.

Melbourne-based Pelligra Group has acquired two major regional distribution facilities, one in Goulburn, NSW, and the other in Warwick, Queensland, from a Melbourne-based private investment group for about $70 million.