Brisbane Commercial Property News

Interests associated with the ­Karedis family and Brett Blundy have swooped on major properties in the $500 million Altis Property Partners portfolio, making purchases that boost their dominant positions in the large format retail industry.

QIC Global Real Estate is poised to bring a $300 million Mary St tower occupied by the Queensland government to market. It will be one of the ­largest buildings offered in Brisbane this year. 

Singapore-based Rockworth Capital Partners has swooped on an office building in Brisbane’s financial district in a deal worth more than $60 million.

The listed Charter Hall Group has snapped up three buildings in Brisbane’s central business district in a near $94 million deal giving it control of a site that was to house one of Brisbane’s tallest apartment towers.

Pets, space for the visiting grandchildren to stay, a cinema, beauty salon and in-house medical staff are all part of a $115 million Brisbane seniors project transforming aged care.

Linking old with new, the $1.1 billion Herston Quarter, central Brisbane, is set to be one of the city’s largest and most complex biomedical precincts.

A single Brisbane test store for US mexican food giant Taco Bell looks set to spawn multiple across Australia, with the brand planning on branching out in the new financial year.

Brisbane’s Queen Street Mall looks set to get its third hotel, with Vicinity Centres hinting at plans to add to its luxury QueensPlaza complex. 

Brisbane CBD office space is diversifying with US co-working juggernaut WeWork expanding into the Queensland capital, taking out a lease on 310 Edward St.