Victoria Commercial Property News

Auctions of commercial property have been spared the gloom that has descended on the residential market with the latest CBRE portfolio reaping an 86% clearance rate as almost $48 million worth of property was sold.

Will we see more golf courses begin to cash in their fairways, as the value of the land under some of Australia’s most renowned layouts soars into the hundreds of millions of dollars? That’s the …

The Victoria Liberal Party has today revealed the sale of its long-time headquarters in Exhibition St in Melbourne’s central business district for the higher-than-expected price of $37.1 million.

A Victorian man has just made the quintessential dream of ruling the schoolyard a reality. He’s bought the former Speed school, about 140km southeast of Mildura in the state’s north, complete with chalk boards and …

A slice of Gisborne’s history is set to go under the hammer next month. The iconic Gardiner’s Garage at 7 Hamilton St is up for auction on December 19 with a $1.1-$1.2 million asking price. …

AMP Capital and the University of Melbourne have partnered in a 40-year deal to deliver $300 million worth of student accommodation.

Construction has started on Kingston Village, a new $60 million-plus shopping centre in Ocean Grove. Lascorp Development Group are behind the project, which will create the seaside town’s third shopping centre. Development manager Rob Harris …

Two global charity organisations will trade places in inner-suburban Melbourne, after the Royal Antediluvian Order of Buffaloes paid $1.6 million for a Caulfield South building owned by The Daughters of Charity of St Vincent de Paul. …

Private equity and property giant Blackstone has begun the carve-up of $3 billion worth of retail property holdings more than a year after putting them on the block.