Retail

Some investors have taken stocking up on essential items to a whole new level by buying entire “pandemic-proof” supermarkets.

Pubs are attracting a lot of attention in the commercial property market as interest in the hotel and leisure sector grows after COVID-19 lockdowns.

The David Jones flagship Elizabeth Street store in Sydney’s CBD has been sold for $510 million to property group Charter Hall.

Industrial and commercial farming properties attracted clicks galore in 2020, topping the list of the year’s most popular commercial assets.

Sellers have earned a massive profit after turning a vacant Newtown block into a busy car wash, which sold in a multi-million dollar auction.

Investors have snapped up a Dan Murphy’s, Starbucks, Red Rooster, KFC, Hungry Jack’s and McDonald’s in auctions totalling $160 million.

Australia’s cities are taking shape in the wake of the coronavirus crisis with capital being poured into major projects including billion dollar-plus office towers and luxury apartment projects in the heart of Sydney and Melbourne.

Just eight days after a Bondi Beach block of flats with Trio Restaurant sold for $20.65m at an exciting auction, a similar property further along the beachfront has sold for even more.

A record number of industrial and warehouse listings, including a novel opportunity for people to create their own ‘city cave’, made last week’s most-viewed commercial properties.