Banks Commercial Property News

The value of keeping things in the community wasn’t lost on a local investor who jumped at the chance to buy Barwon Heads’ Bendigo Bank branch building.

A historic Kyneton landmark is being cashed in after an impressive transformation.

A Sydney-based investor has paid $20.2 million for the Westpac bank branch in The Corso in Manly.

The Commonwealth Bank has pocketed $360,000 more than it wanted for its former East Geelong branch when it sold at auction on Thursday.

Real estate agents hope for a high rate of interest in the Commonwealth Bank’s former East Geelong branch when it’s auctioned next month.

A young investor is being sought for the Westpac Bank premises in the heart of Manly.

Buyers will need a hefty deposit to secure this Romanesque-style former bank in Brunswick, which the agent says could be the next Penny Black.

The mid-market has emerged as the sweet spot in office leasing at the start of this year but big requirements from banks looking to split their operations and from flexible space groups could see larger deals struck later this year.

Investor eyes are on regional Victoria amid cooler Melbourne market conditions and following a Federal Budget tipped to boost towns and cities outside the state capital.