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RP Data

Commercial Real Estate News

Neighbourhood Centre Sells For $41 Million
While neighbourhood and smaller shopping centres continue to trade well in the pandemic times, CBRE has sold the Entrada Centre at 20 Victoria Road, Parramatta for about $41 million. The vendor is the Cook Property Group, founded by and controlled by Ben Cook of Auckland.

24 Feb 2021

1200px-800px--southbankmelbournecommercial
Southbank Hotel For Sale
Being put to market by CBRE Hotels is the Novotel South Wharf at 7 Convention Centre Place, Southbank. 

24 Feb 2021

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Prymont-Ultimo
Commercial Market Update – Brisbane Fringe Cityscope
The latest research from Brisbane Fringe Cityscope shows property sale numbers have increased in the past three months but sales figures have dropped. The last three months to the beginning of August 2016 recorded 24 sales for a total of $195.3 million, with $3.9 million for commercial, $3.2 million for...
11 Aug 2016
Prymont-Ultimo
Commercial Auction Results – Week ending 5 August 2016
Preliminary results show an improving clearance rate over the week ending 5 August, at 63.4 per cent across 41 results, compared to the previous week when 58.6 per cent of the 58 auctions were sold. Over the corresponding week last year, 67.9 per cent of the 84 auctions were sold.
11 Aug 2016
Southgate Complex valued at $580 million
Southgate Complex in Southbank is one of Australia's largest commercial property sales, with a value of $580 million.
11 Aug 2016
Prymont-Ultimo
Commercial Auction Results – Week ending 29 July 2016
The preliminary clearance rate of 54.6 per cent last week is lower than both the clearance over the previous week (65.5 per cent) and at the same time last year, when 65.5 per cent of auctions cleared. There were 44 reported commercial auctions last week, an increase from the previous week’s 29 reported...
5 Aug 2016
Prymont-Ultimo
Commercial Market Update – Adelaide Cityscope
The latest research from Adelaide Cityscope shows that commercial property sales have decreased for the quarter to July 2016. The latest quarter shows total sales figures of $43.1 million from 27 sales, a decrease compared to the $197.9 million from 18 sales recorded in the quarter to April 2016 and a large...
5 Aug 2016
Anton Capital sells two office towers for $160 million
Anton Capital has sold two Sydney office towers to Poly Group for a reported $160 million. Read more.
5 Aug 2016
construction
Cordell Market Watch
July 2016 has been a big month for new construction updates across the country from the Cordell research team. Download report here.
5 Aug 2016
Aldi buys property in a northern Sydney suburb
German supermarket giant Aldi has purchased a four story office building in Sydney's northern suburbs for potential future redevelopment.
29 Jul 2016
Bondi Beach House Lane sold for over $30 million
A five-year-old Bondi Beach fronting property has very quickly sold for $31.25 million to Cook Property Group. Read more.
22 Jul 2016
Aqualand buys property in Macquarie Technology Park
Chinese residential developer Aqualand purchases property from Altis Property Partners for $54 million. Read more.
15 Jul 2016
Insurance Commission of Western Australia sells off property portfolio
One of the last remaining properties in the Insurance Commission of Western Australia's property portfolio has been sold for $87 million.
7 Jul 2016
Telstra sells dual frontage block
Telstra has sold it's dual frontage block at 308 Exhibition Street in Melbourne's CBD to a Malaysian development company.
1 Jul 2016
A Grand sale for Surfers Paradise hotel
The Grand Hotel Chancellor, a 4.5 star hotel in Surfers Paradise, was sold to Challenger Ltd for $80 million.
23 Jun 2016

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