Inner City Commercial Property News

Max Cooper is about to clock off as a watch and jewellery repairer for the last time, after selling the Footscray store that’s been in his family for 81 years.

US group Hines is looking to stamp its authority on the local office development market and is in pole position to build a new tower in North Sydney that could be worth about $330 million.

Flamboyant businessman John Singleton and former Qantas boss Geoff Dixon have finally offloaded Balmain’s popular The Unity Hall Hotel for $20 million, more than double its $10 million 2011 acquisition price.

The opportunity to be the very first owner of a new Aldi supermarket is up for grabs in inner-city Melbourne. Scheduled for completion next year as part of the Lyric Building development in Fitzroy, the …

Chapel Street has been revealed as the location of Melbourne’s first Taco Bell outlet, as the fast food brand continues its Australian expansion.

Prominent eastern suburbs investor Vaughan Blank has paid $12.8 million — millions above reserve — for Sydney’s first kosher butcher’s shop in Bondi Beach.

Singaporean-based funds manager ARA Asset Management is leading the pack to acquire the $350 million Victoria Place in East Melbourne office project planned in the tightly held precinct.

The Independent Planning Commission has rejected The Star Casino’s plans for a hotel tower in Pyrmont – a proposal which caused a storm in government after the planning department recommended rejection earlier this year.

Financial services giant Zurich Insurance’s turn as a developer has generated solid returns, with property heavyweight CBRE Global Investors swooping on its under-construction headquarters in North Sydney for about $350 million.