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Melbourne Commercial Property News

Melbourne commercial property news, commercial real estate market data, business news and insights.

As many as 40 developers are circling a $155m partially completed Russell St hotel
Buying & Selling
As many as 40 developers are circling a $155m partially completed Russell St hotel
A partially completed Melbourne hotel development placed into voluntary administration is understood to have about 40 Australian and international developers vying for it.
Property Council data shows Melbourne’s workers heading back to offices
Market Insights
Property Council data shows Melbourne’s workers heading back to offices
The Victorian capital’s office occupancy jumped last month by 12 per cent to 57 per cent, marking the highest level since the pandemic struck.
Witches in Britches finds new king of the castle with $7m+ sale
Buying & Selling
Witches in Britches finds new king of the castle with $7m+ sale
The iconic Melbourne theatre restaurant notched a huge sale above $7m after investors and developers fought for the keys.
DWS circles office project for vitamin giant Swisse Wellness and skincare brand Aesop
News
DWS circles office project for vitamin giant Swisse Wellness and skincare brand Aesop
The deal shows Melbourne office stock is still shifting in the face of higher interest rates with more investment sales expected before year’s end.
GPT Group to sell industrial parks to NashCap for about $250m
News
GPT Group to sell industrial parks to NashCap for about $250m
The deal on a pair of properties in Sydney and Melbourne is one of the largest portfolio trades in industrial property this half.
Cash boost for luxury developer Tim Gurner with $1.75bn build-to-sell fund
News
Cash boost for luxury developer Tim Gurner with $1.75bn build-to-sell fund
The luxury developer has secured a $1.75bn fund for its build-to-sell business, after obtaining unprecedented institutional capital of $400m from a global institutional investor.
High-end fashion precinct St. Collins Lane in Melbourne’s CBD hits market
News
High-end fashion precinct St. Collins Lane in Melbourne’s CBD hits market
The St. Collins Lane mall is on the market in a bet that prime CBD retail assets in major capital cities can win global interest.
Richmond brothel on the market for $3.6 million
News
Richmond brothel on the market for $3.6 million
A brothel is on the market in Melbourne’s inner-city amid changing times for what some refer to as the world’s oldest profession.
Trio of former Melbourne student accommodation sites banking on a $20m+ auction
News
Trio of former Melbourne student accommodation sites banking on a $20m+ auction
Three Melbourne buildings including the 137-year-old former Melbourne Savings Bank in Abbotsford are for sale, expecting to make an eight-figure sum.
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