Queensland Commercial Property News

An A-grade lease and high-end construction are expected to make a Brisbane childcare centre one of the best in show at an upcoming auction event.

Shopping centres are anything but dead if a $250 million purchase “Mean Machine” swimmer Mark Stockwell has just completed in the Queensland city of Noosa is anything to go by.

US funds group LaSalle Investment Management’s recent profitable trade out of a Brisbane building to Charter Hall’s specialist listed long lease trust marked the latest in a series of trades showing the city’s fringe office markets are running hot.

Fresh from the $135 million redevelopment of Hayman Island, Malaysian conglomerate Mulpha Australia is looking to buy more Australian and New Zealand real estate as well as embarking on at least two redevelopments of its existing local properties.

Taiwan’s deep-pocketed Shayher Group has won the rights to redevelop one of Brisbane’s most strategic properties, the Bulimba Barracks site, knocking out local contenders with a multimillion-dollar bid.

Queenslanders are swapping swanky hotels and resorts for luxury tents and tree houses as a desire to connect with the great outdoors drives a new generation of happy glampers.

German supermarket giant Kaufland is ramping up its rapid Australian expansion, announcing a third Queensland store just weeks after revealing the locations of two others.

The listed Cromwell Property Group has finalised the largest property investment in Brisbane this year, buying a George Street office block from US private equity group Blackstone and German group HSBC Trinkaus for $524.75 million.

Work on Habitat Development Group’s $83 million office and residential project on the Sunshine Coast has been approved to start next year.