Buying Commercial Property Guides

Major law firms and banks are setting the pace in Sydney’s leasing market with their need for new offices supporting the development of towers in the CBD and the western hub of Parramatta. This article originally appeared on theaustralian.com.au/property.

Come for the cars, stay for the history. Or maybe that epic apartment upstairs. Or perhaps the development potential.

Asian investors grab their share of Australia’s booming service station market, Sydney’s Five Dock Hotel for sale and Melbourne enjoys rare neighbourhood shopping centre offering. MORE NEWS AND DEALS.

Investment firms Alceon and CP Retail have sold their northern NSW shopping centre to the RAM Australia Property Fund for $46.25 million, a 60% rise on the purchase price five years ago. This article originally appeared on theaustralian.com.au/property.

Dexus has parted ways with an office tower and retail hub at 39 Martin Place in Sydney as the NSW Government’s compulsory acquisition of buildings for its metro rail project gathers pace.

It was once the home of landmark Australian TV shows including Countdown, Kath and Kim and Hugh Jackman’s prison drama Corelli. And now the ABC’s Elsternwick studios are for sale.

Private real estate group Mark­ham and development heavyweight Lend Lease have teamed up to buy the Sydney Superyacht Marina, giving the pair a crucial sliver of Sydney’s Bays precinct. This article originally appeared on theaustralian.com.au/property.

As far as property and business investments go, this one could quite literally be a pearler.

Supermarket heavyweight Coles has sold a newly developed shopping centre at Coburg in Melbourne to a locally-based private investor.