Queensland Commercial Property News

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.

Gold Coast commercial properties don’t get much more “beachside” than this. A boutique motel just 50m from the Sunshine State’s surf and sand is on the market, offering a rare opportunity to acquire an affordable …

Large apartment projects worth about $700 million are in train on the Gold Coast as potential buyers descend on the glitter strip for the summer holidays. 

The Star Casino is considering fast-tracking the building of its $400 million, 53-storey third tower at Broadbeach after stronger-than-expected sales.

A development earmarked as a residential tower is now set to ­become southeast Queensland’s first commercial building with a rooftop pool, after the developers recognised the challenges of ­delivering more apartments to Brisbane’s saturated market.

High-rise king Harry Triguboff is charging ahead with one of the largest ever projects in Queensland holiday mecca Surfers Paradise, as projects by Chinese developers face an uncertain ­future.

Village Roadshow has sold the home of its Warner Bros Movie World and Wet’n’Wild Gold Coast theme parks for about $100 million.

Retirement specialist Aveo Group has exited a major commercial property holding, selling the Gasworks Plaza complex in Newstead, Brisbane, to AMP Capital for $248.4 million.

A series of Queensland shopping centres have changed hands at very sharp yields, reflecting the healthy demand for centres expected to stare down Amazon and continue to produce steady returns.