Commercial Property Development News

More than 17,000 vehicles passing each day is part of the attraction of this prime piece of Belmont commercial real estate.

A jawdropping new 48-storey tower that’s set to radically transform the skyline of one of our major cities has smashed records just 24 hours after launching.

More than 40 per cent of Australians support high-rise apartment development as long as it’s not in their neighbourhood, the REA Property Seeker Survey for 2024 has found.

Australia’s property sector will return to ‘business as usual’ next year, with looming interest rate cuts and foreign investment likely to turn the sector’s fortunes around, property leaders say.   Property developer and investor activity …

While Australia’s youth may be fine with renting, alternative housing schemes such as build-to-rent and land leasing are needed, the Property Council says.

A passion project of former Lord Mayor Sally Capp on Melbourne’s Yarra River has received a national award, despite the possibility the proposed 4km-long promenade won’t go ahead.

The private developer has warned that capital is demanding extra returns for investing in Victoria, but is confident that the state will forge ahead if changes are made.

Warburg Pincus has committed $490m to MA Financial Group’s real estate credit vehicle that will back developers around the country.

Property developer Charles Mellick of Fortis has nabbed a controversial Double Bay site at auction for exactly the same price it sold for three years ago.