Queensland Commercial Property News

The listed Growthpoint Properties Australia is stepping up its push into resources capitals, with the trust looking to buy the Bank of Queensland building in Brisbane in a deal that could top $200 million. 

Charter Hall has emerged as the prime contender for the Mary Street tower in Brisbane’s central business district that is being sold by QIC Global Real Estate for about $300 million.

The Singapore-listed Mapletree Logistics Trust is close to lifting its portfolio in Australia to 10 assets with the purchase of a prime Coles distribution centre for about $100 million.

The Future Fund is poised to exit about $850 million worth of retail property investments in Perth and on the Gold Coast as it capitalises its early moves in the sector made in the wake of the global financial crisis.

Ever thought about buying Movie World, Pacific Fair or the Skypoint Observation Deck?

Properties with leases to major supermarket chains are about as prime as it gets in the commercial property market.

The international cryptocurrency consortium eyeing Dunk Island also has Brampton Island and a New Zealand ski resort in its sights, after publicly failing in its bid to acquire Great Keppel.

Tony Quinn, who was naive to Australian ways when he arrived from Scotland but went on to make a couple of fortunes, has had a wee dabble on some Southport property.

The Sunshine Coast Council is calling on the private sector to build a host of hotels in the region north of Brisbane, in a bid to deal with increasing tourist arrivals.