Queensland Commercial Property News

Cast your commercial property radar beyond the capital cities and there are bargains to be found, with sumptuous investment yields approaching 10%.

Japanese development giant Seki­sui House is forging ahead with $3.7 billion of works in southeast Queensland, including its controversial Brisbane and Sunshine Coast developments. This article originally appeared on theaustralian.com.au/property.

A 10-storey office tower to be built predominantly from wood in Brisbane is set to become the tallest engineered timber building in Australia.

Tourism investors or operators can buy more than 90% of picturesque Fraser Island’s accommodation in one hit, with two resorts put up for sale as part of a larger package.

Dubai-based Syrian billionaire Ghassan Aboud is planning a third $100 million Cairns hotel development, snapping up the Bellview Motel and Backpackers and an office block. This article originally appeared on theaustralian.com.au/property.

The international joint venture led by gaming company Star Entertainment has finalised its purchase of the Gold Coast’s Sheraton Mirage in a $140 million play. This article originally appeared on theaustralian.com.au/property.

A last-minute phone call changing the settlement venue for the $140 million sale of the Gold Coast Sheraton Mirage Resort preceded the deal falling over late last year. This article originally appeared on theaustralian.com.au/property.

Telecommunications giant Telstra has opted to stay put at its Brisbane premises with the group striking fresh leases at properties owned by Charter Hall Group’s unlisted Prime Office Fund and Singapore-listed Keppel REIT in one of the city’s largest leasing deals. This article originally appeared on theaustralian.com.au/property.

The Queensland government has given preliminary approval for a $750 million resort despite it being in protected koala habitat and proposed by a Chinese developer who made more than $60,000 in political donations to the local mayor. This article originally appeared on theaustralian.com.au/property.