Victoria Commercial Property News

Taiwanese-backed Shayher Group has won approval for a 19-storey apartment hotel in Melbourne’s north as it presses ahead with the redevelopment of a former prison site into a $1 billion masterplanned community. 

The developers who bought longstanding brothel the Pink Palace have revealed plans to transform it from selling sex to a sexy sell.

A Caroline Springs medical supersite expected to sell for more than $11 million has caught the eye of savvy overseas investors.

IHG is pressing ahead with its Victorian expansion, signing a deal to manage a new $120 million, 170-room hotel in the Yarra Valley wine region east of Melbourne. 

International property group Logos has swooped on the Kmart distribution centre in the Melbourne suburb of Truganina for close to $120 million in one of the year’s largest industrial deals.

The Hawthorn headquarters to fast fashion brand Lovisa is up for grabs with expectations of a $25 million price tag far removed from those of its affordable accessories.

Construction of Geelong’s biggest hotel is set to begin in the heart of the city after a new $150 million complex has been given the green light.

A luxurious nursing home in Melbourne’s leafy east has hit the market for the first time in two decades.

One China-backed developer’s search for a Melbourne residential development site has borne fruit after the group snapped up a former apple orchard in Melbourne’s outer east for about $100 million.