Commercial real estate

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Soul Patts Pitt St Mall chemist to close after 145 years

Soul Patts Pitt St Mall chemist to close after 145 years

Soul Pattison chemist on Pitt Street Mall is set to close its doors in June after 145 years of operation following the sale of the building

  • by Carolyn Cummins

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'Trafficable' lawn, painted concrete: South Perth's new urban design era

'Trafficable' lawn, painted concrete: South Perth's new urban design era

"Paint cannot be defined as a structural element ... a car park is not landscaping."

  • by Emma Young
CBUS set to swoop on $1b development site
Property development

CBUS set to swoop on $1b development site

Superfund-backed developer CBUS Property is poised to take control of Melbourne’s most coveted development site in a $1 billion-plus opportunity.

  • by Simon Johanson
Abbotsford warehouse sells to developer for $2.4m
Leasing

Abbotsford warehouse sells to developer for $2.4m

An off-market deal has seen a developer snap up a brick warehouse leased to Damm Fine Foods at 31-37 Russell Street for $2.425 million.

  • by Simon Johanson
Rhino Rack secures lease at Eastern Creek Business Park
Industrial

Rhino Rack secures lease at Eastern Creek Business Park

Frasers Property Australia has secured roof rack specialist Rhino Rack as the first tenant for stage 5 of its Eastern Creek Business Park.

  • by Carolyn Cummins
Development sites worth close to $100m for sale

Development sites worth close to $100m for sale

The amalgamation of sites into so-called super lots has shown no sign of slowing with about $100 million new sites being offered.

  • by Carolyn Cummins
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Inbound chinese investment drops 60pc to $2.8b
Office

Inbound chinese investment drops 60pc to $2.8b

Regulatory changes and tightening lending conditions has had a toll on total Chinese outbound investment into Australian commercial property

  • by Carolyn Cummins
Hugs and Kisses goodbye for Royal Buffaloes
City life

Hugs and Kisses goodbye for Royal Buffaloes

The Royal Buffaloes are selling their city lodge which is currently the home of Hugs and Kisses nightclub.

  • by Nicole Lindsay
Court blocks South Perth tower as fourth design waits in wings

Court blocks South Perth tower as fourth design waits in wings

Three Supreme Court cases, two State Administrative Tribunal Hearings and countless planning meetings later...

  • by Emma Young
Get ready for the next property cycle: Bank of America-Merrill Lynch

Get ready for the next property cycle: Bank of America-Merrill Lynch

A record number of new apartments are set to hit the market this year, but Bank of America-Merrill Lynch economists see little risk of a major price correction and instead spy a looming undersupply come 2020.

  • by Patrick Commins
Ardent Leisure appoints new Main Event chief as loss narrows
Ardent Leisure

Ardent Leisure appoints new Main Event chief as loss narrows

Ardent Leisure has appointed American Chris Morris to run its Main Event entertainment business as the group pushes on with its recovery.

  • by Carolyn Cummins