Government Commercial Property News

The new Australian Taxation Office building at Gosford has recently been sold to the City of Brisbane Investment Co for $43.5 million.

Robots and gardens have helped a regional hospital to beat luxury apartments and high-end shopping plazas to be named Victoria’s Development of the Year.

Prime Sydney office towers are changing hands at record rates and buildings are selling at prices well above those during the last property boom.

The sale of one of Australia’s biggest agricultural empires has begun.

The Trump administration has revealed plans to privatise the International Space Station, turning the ageing spacecraft into an orbiting commercial space.

The Hobart City Council issued development permits worth $82 million in January this year as it heads toward a five-year high.

Another high-rise apartment block could appear in suburban Melbourne, with Jeff Xu’s Golden Age Group submitting plans for a $350 million tower in Box Hill.

Following the Yes vote for marriage equality and the Midsumma pride march last weekend, it seems fitting that Australia is set to welcome its first ever Pride Centre in 2020 in St Kilda, Melbourne.

The Victorian government has ­finalised a deal to buy the Carlton & United Breweries headquarters building in Melbourne’s Southbank for $95.5 million in a move that could spark a broader overhaul of the area.