Victoria Commercial Property News

Victoria commercial property news, commercial real estate market data, business news and insights.

Courtside gem served up in Melbourne
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Courtside gem served up in Melbourne
The shops just south of Melbourne’s Kooyong Lawn Tennis Club rarely come on the market. Next month, one of the properties is up for auction.
Melbourne’s biggest commercial sale to date
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Melbourne’s biggest commercial sale to date
The purchase by Singapore’s Fragrance Group of 555 Collins Street for $78 million was the biggest commercial deal in Melbourne for June. Known as Enterprise House, it is a 24-storey building with 22,273 square metres …
Old schools help put $250m in Victoria’s piggy bank
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Old schools help put $250m in Victoria’s piggy bank
The Victorian Government is embarking on a $250m firesale of surplus infill sites, including old schools, to fund its infrastructure projects.
Wanted: large office space in Geelong
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Wanted: large office space in Geelong
Geelong needs more large office space or it could miss out on big businesses wanting to relocate their headquarters away from Melbourne.
Port of Melbourne: the price of success
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Port of Melbourne: the price of success
The Port of Melbourne has created industrial hubs the envy of other states. But landlords can charge up to 35% less than interstate peers.
Northland sale underlines mall sector recovery
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Northland sale underlines mall sector recovery
THE $496 million sale of a 50% stake in Northland Shopping Centre, Victoria, last week marked a full recovery in the large retail mall sector. The share offloaded by Canada Pension Plan Investment Fund to …
Industrial property – a tale of two cities
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Industrial property – a tale of two cities
Last year there was an unexpected resurgence in industrial property sales, with trusts taking advantage of improved capital conditions and private investors demonstrating their continued appetite for high yielding assets in a low interest rate …
Investors shopping for small neighbourhood malls
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Investors shopping for small neighbourhood malls
Investors hit the stores in Victoria last year, snapping up nine neighbourhood shopping centres for a combined value of close to $200 million. That compares with similar shopping centre sales of $60 million in 2012 …
Melbourne’s historic The Block Arcade hits the market
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Melbourne’s historic The Block Arcade hits the market
Melbourne’s iconic The Block Arcade is on the market for the first time in 20 years. The historic shopping centre in the heart of Collins St is expected to fetch more than $100 million, with …
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