Government Commercial Property News

The revamped and relocated Sydney Fish Market has received another major funding injection, with the NSW Government tripling its original investment.

A proposal that would add another 350 car parks for the congested North Hobart restaurant strip can be revealed by the Mercury.

One of the two bidders in the contest to rebuild the Sydney Football Stadium, Multiplex, is suing the government’s designers and structural advisers on the new stadium over work they did together on Perth’s Optus Stadium.

The Glenorchy Ratepayers Association has given a cautious thumbs up to NBL owner Larry Kestelman’s masterplan for the Derwent Entertainment Centre and Wilkinsons Point.

Taiwanese developer Shayher has snapped up a twin-building office complex in Sydney’s inner west for about $63 million.

Taiwan’s deep-pocketed Shayher Group has won the rights to redevelop one of Brisbane’s most strategic properties, the Bulimba Barracks site, knocking out local contenders with a multimillion-dollar bid.

The Victorian government’s development arm is quietly offering the under-construction Ballarat GovHub for sale in a process that could reap it and its partners about $115 million.

US hotel giant Hilton is negotiating with the ACT government to build a major, international $200 million-plus hotel and trade centre in the national capital.

A $20 million makeover for Hobart’s Lands Building will allow it to accommodate almost 300 more government workers.