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Victoria Commercial Property News

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

Springvale: Former top brothel in Australia looking for a buyer after more than two years on and off the market
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Springvale: Former top brothel in Australia looking for a buyer after more than two years on and off the market
A Melbourne brothel that was named the nation’s best is revealing sex doesn’t sell, after failing to find a buyer for more than two years. But now a change might make it more appealing.
Roberts Co Vic projects likely to be broken up to maximise prospects for salvaging partially built sites
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Roberts Co Vic projects likely to be broken up to maximise prospects for salvaging partially built sites
Builder Roberts Co’s Victorian arm has shut down its big jobs but administrator McGrathNicol says it can get projects back on track and it will have to break them up for the best result.
Charter Hall checks out Corio centre in $145m play
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Charter Hall checks out Corio centre in $145m play
Big institutions are getting back into the shopping centre market and they are chasing assets that have been revamped by active players.
Court reprieve for Roberts Co administrators to strike deal with Victorian developers
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Court reprieve for Roberts Co administrators to strike deal with Victorian developers
Administrators of the collapsed Victorian arm of the building company have been given three weeks to try and strike a deal with developers to get workers back on major sites.
Vacant East Melbourne day hospital sold to off shore investors for around $10m
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Vacant East Melbourne day hospital sold to off shore investors for around $10m
No patients, no operator — so why did this East Melbourne hospital sell in a flash? Find out what turned investors’ heads.
Melbourne towers face risk going out of date
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Melbourne towers face risk going out of date
A mix of tougher environmental standards and changing work patterns could leave office landlords picking up a hefty bill.
What Geelong needs to build to cater for booming population
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What Geelong needs to build to cater for booming population
Geelong’s population is increasing more rapidly than Melbourne and regional Victoria. A new report outlines that building new housing isn’t the only challenge facing the city.
Lowy-backed Assembly targets $440m Melbourne shopping centre
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Lowy-backed Assembly targets $440m Melbourne shopping centre
The famed family’s return to buying big shopping centres suggests there’s value to be unlocked, seven years after patriarch Sir Frank Lowy sold out of the international Westfield empire.
Australia Post Glenroy site sells for $3.3 million
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Australia Post Glenroy site sells for $3.3 million
A former Australia Post site has sold for a wild multimillion-dollar sum — well above its reserve. Experts think it means one thing.
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