Queensland Commercial Property News

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.

Transport and distribution companies continue to drive demand in Queensland’s industrial property sector, with construction on a new corporate park at Caboolture fast-tracked to keep pace with the interest.

National chicken chain Red Rooster has been dealt blow after seven Queensland stores were shut down this week.

Taiwanese-backed developer Shayher Group has added to the rush of commercial property purchases in Queensland, picking up Brisbane’s landmark Q&A Centre for about $395 million.

Brisbane’s Acacia Ridge Hotel has been put for sale for about $35 million by Joel Fisher’s private Balmoral Hospitality, as the heat in the pub sector hits Queensland.

The listed Investec Australia Property Fund is bringing a Fortitude Valley office block to market with hopes of reaping more than $90 million, as investor interest in the city surges.

Businessman and asset manager John Zeckendorf has forked out nearly $10 million for North Queensland’s Mackay Marina Hotel overlooking the Coral Sea.

Listed funds manager Centuria has snapped up a Edward Street tower in Brisbane’s central business district for $89 million as it boosts the size of its unlisted property empire.

Could this be commercial property agency Burgess Rawson’s most impressive Portfolio Auction lineup ever? With more than 30 properties to be auctioned in Melbourne and Sydney on Wednesday, October 30, including a string of 15 …