Queensland Commercial Property News

Robots will handle more of the nation’s mail with a new Australia Post facility in Brisbane’s Redbank opening a $240m million automated distribution centre.

One of Brisbane’s most historic old watering holes is ready for its next keeper, with the Elephant Hotel now on the market. The renowned Fortitude Valley pub, owned by the John Singleton-led Australian Pub Fund, …

Listed office trusts appear to have a strong future as the latest promoter of a float of a fund launching on the local exchange snapped up a Brisbane building anchored by national operator Hub Australia.

US private equity group Blackstone is close to selling about $350 million worth of assets occupied by cold storage operator Emergent Cold in one of the year’s largest industrial property plays.

Retirement living trust Ingenia Communities Group has raised $131 million of fresh equity to buy three estates and pump more capital into its Sun Communities joint venture, putting it on the path to a $1 billion market capitalisation.

Diminishing land supply in booming southeast Queensland has prompted Chinese-backed Brisbane developer Keylin Group to buy into the northern Gold Coast, picking up Hope Island’s Serenity Cove estate in a deal worth about $50 million.

Brisbane’s Elizabeth Arcade’s new look has been completed, with a pair of student accommodation towers the new centrepieces of the historic thoroughfare.

The Big Barra may be the biggest fish in town for those angling for a home with its own money-spinning businesses, and now buyers have a chance to cast their own bid for it.

Property funds group Centuria has snapped up an office block in Brisbane’s Bowen Hills for $65.4 million as it bolsters its unlisted diversified vehicle.