Victoria Commercial Property News

The House of Stoush will become a House of God, while retail giants carved off iconic locations this year.

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.

Geelong’s first major hotel and apartment project in 20 years is a step closer with construction work starting on the CBD site.

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

In one of the strongest pointers to the direction of central business districts, US group Hines has swooped on a development site in the heart of Melbourne’s CBD and is planning a $1 billion-plus office scheme.

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.

The coronavirus pandemic has increased already-strong interest in the healthcare real estate sector, hinting huge growth in the near future.

A key real estate figure has snapped up The Emerald Hotel, where Michelle Payne celebrated her Cup victory.

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.