Queensland Commercial Property News

Queensland commercial property news, commercial real estate market data, business news and insights.

Dreamworld woes hit other theme parks
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Dreamworld woes hit other theme parks
Theme park operator Village Roadshow has raised eyebrows with a downbeat trading update that shows the extended toll taken by the tragedy at rival Dreamworld. 
Wanda finalises sale of $1bn mega-projects
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Wanda finalises sale of $1bn mega-projects
Companies linked to one of China’s most controversial businessmen, billionaire Huang Xiangmo, have outlaid more than $1 billion to buy two major development sites from an arm of troubled Chinese conglomerate Dalian Wanda Group.
Dentist sinks teeth into old Ithaca Fire Station
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Dentist sinks teeth into old Ithaca Fire Station
One of Brisbane’s most iconic buildings, the century-old former Ithaca Fire Station, has sold at auction for $1.375 million. 
Walker scraps Brisbane apartments for office tower
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Walker scraps Brisbane apartments for office tower
Lang Walker has won approval for a 26-storey commercial tower in Brisbane’s Fortitude Valley after scrapping plans for twin towers housing 433 apartments. 
Japanese developer has second crack at Sunshine Coast resort
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Japanese developer has second crack at Sunshine Coast resort
A Queensland council has been overwhelmed by the response to a proposal for a $900 million five-star hotel and apartment development opposite the mothballed Palmer Coolum Resort.
Sentinel sells home retail trio for $89m
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Sentinel sells home retail trio for $89m
Sentinel Property Group has offloaded a trio of homemaker centres across Australia in deals worth almost $90 million.
Chinese developer eyes major Circular Quay, Gold Coast sites
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Chinese developer eyes major Circular Quay, Gold Coast sites
Chinese property developer Yuhu which was linked to a donations scandal that engulfed the Labor Party last month is understood to be in talks to buy two landmark property sites in Sydney and the Gold Coast in a deal that could top $1 billion.
$27m Brisbane aged care facility given green light
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$27m Brisbane aged care facility given green light
Retirement provider Aveo Group has been given the green light to build a $27 million aged care facility at its Albion retirement community, The Clayfield. 
Hong Kong group pays $40m for Brisbane’s Emporium hotel
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Hong Kong group pays $40m for Brisbane’s Emporium hotel
One of Brisbane’s most iconic ­hotels, the stylish Emporium in Fortitude Valley, has been picked up by Hong Kong’s Ovolo Hotels group in a deal worth about $40 million.
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