National Commercial Property News

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

Why your next hotel stay could cost you more
News
Why your next hotel stay could cost you more
Hotel room rates are set to rise this year, as recovering international tourism and big-ticket events boost occupancy levels across the country, according to CBRE.   CBRE forecasts that the recovery in overseas tourists coming to …
Australia’s up-and-coming high streets: The revival of Port Kembla’s Wentworth Street
News
Australia’s up-and-coming high streets: The revival of Port Kembla’s Wentworth Street
It’s an overcast Saturday afternoon in Port Kembla and in the open-air courtyard of a motorcycle dealership, locals sip on craft beer and devour pop-up pizza while Third Eye Stimuli DJs spin a bumping soundtrack. …
Investment opportunities emerging but buyers biding their time
News
Investment opportunities emerging but buyers biding their time
The number of commercial properties hitting the market has picked up this year, though this is yet to translate to an increase in deals. There were 10% more commercial properties listed for sale over the …
The demise of the Aussie steakhouse scene
News
The demise of the Aussie steakhouse scene
Once beloved destinations for a cheap and cheerful meal, the quintessential Aussie steakhouse has become a culinary relic that fell victim to changing trends. If you grew up in Sydney circa 1970 through to the …
An accidental success: How Jim Penman built a multimillion dollar franchise empire, Jim’s Group
News
An accidental success: How Jim Penman built a multimillion dollar franchise empire, Jim’s Group
With just $24 and a single lawnmower, Jim Penman grew his small side hustle into a multimillion dollar franchising behemoth, yet he insists he’s “not a natural business owner”. Here are the secrets to his success. If …
Cambridge doubles down on education assets
News
Cambridge doubles down on education assets
Singaporean fund manager Cambridge RE Partners has bought its second major local asset at Port Macquarie in a $116m deal.
Population growth sustaining retailers as per capita spending plummets
News
Population growth sustaining retailers as per capita spending plummets
Households have considerably tightened their belts over the past two years, as cost of living pressures bite. While the pandemic enabled many households to dramatically increase their savings, high inflation and subsequently interest rates are …
Top malls back with Chadstone on top as city shops jump
News
Top malls back with Chadstone on top as city shops jump
Major shopping centres are performing strongly as Aussies defy the cost-of-living crunch and pour into big centres for entertainment and new services.
5 expert tips to kickstart a commercial property portfolio
Buying & Selling
5 expert tips to kickstart a commercial property portfolio
The ‘set and forget’ nature of many commercial assets is proving to be a strong lure for residential buyers looking to shift their focus towards diverse property investments. Burgess Rawson CEO Ingrid Filmer says commercial …
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