Commercial
Read the latest commercial property market news, feature articles, commentary and analysis here.
Industrial
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retailSouth Korean pension fund set to acquire GPT's half of Erina Fair mall for $400 million
GPT was seek around $400 million for its half share in the 113,700-square-metre centre, the biggest on the NSW Central Coast.
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officeHeritage Melbourne office property and former CBD horse stables sells to local developer for $8.5 million
The narrow 36-40 LaTrobe Street site,is the former premises of the Burton Livery and Bait Stables built in 1890.
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new south walesNeglected Darlinghurst laneway gets trendy retail revival
A neglected Sydney backstreet is planned to become a trendy laneway retail space as the City of Sydney council looks to lease out a property at 1 Foley Street.
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industrialHuntingdale industrial offering at $800,000-plus
The five current tenancies provide a net annual income of $68,250.
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hammer pricesTea importer pays $290,000 for office and warehouse in Melbourne's sought after south-east
Industrial property leasing demand is high in Melbourne's south-east with rents stable or increasing slightly, according to valuers Propell.
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commercialFederal budget a hit and miss for commercial property sector: Cushman & Wakefield
The housing market is a critical driver of the broader economy and the commercial property sector by extension says Cushman & Wakefield managing director David Woolford.
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reitsGPT set to resume takeover talks with Australand but block share trade still possible: Street Talk
There has been no official announcement from either GPT or Australand about a resumption of talks.
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retailMcDonald's Australia beats private investors to buy its own Preston fast-food premises
The McDonald's premises in Preston and a Hungry Jack's premises in Minto received the highest number of enquiries ahead of the portfolio auction, which achieved a 100% clearance rate.
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retailBrisbane's Queen Street Mall climbs into list of world's ten most expensive retail rental spaces
The expensive rental prices are due to modest supply of prime retail space coupled with high demand, said CBRE’s regional director of retail services Josh Loudoun.
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appointmentsIn profile: ID_Land director Jeff Garvey
ID_Land's Jeff Garvey says he would invest a spare $750,000 in an inner-city investment property, but could also be tempted by a Lamborghini Aventador.
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