Commercial Real Estate

Real Estate Industry News for Commercial Real Estate Professionals and Leaders.

  • Where are the next tenants coming from for ‘high street’ shopping strips

    The typical 'high street' shopping strip is really now becoming a neighbourhood village where the traditional retailers of fashion-related businesses (clothes, accessories, handbags, jewellery, etc) are really no longer viable to due online retailing and the choice offered at shopping centres. This is most evident in legendary fashion destinations, where fashion shopping streets such as…

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  • Ray White Commercial NSW welcomes two new recruits

    Ray White Commercial NSW – Sydney City Fringe has welcomed two new recruits to the team. Lachlan Palm has joined as a Sales and Leasing Associate and Fiona Farmer has taken up the role of Office Manager, and both will based out of the Sydney City Fringe office in Glebe. Mr Palm, who made the…

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  • Crown Group property developers’ sales rebound

    Australian property developer Crown Group says the Reserve Bank’s latest rate cut is welcomed by developers and is seeing a return of confidence among home buyers and property investors. Chairman and Group CEO Iwan Sunito said he had seen a surge in both confidence and buyer activity in the past two weeks, as a result…

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  • International House Sydney: Rider Levett Bucknall Australian Development of the Year

    Lendlease has claimed the nation's top property prize, receiving the Rider Levett Bucknall Australian Development of the Year award for their innovative timber marvel, International House Sydney. Lendlease was presented with the accolade at the Property Council of Australia / Rider Levett Bucknall Innovation and Excellence Awards in Sydney on Friday. “International House is not…

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  • Queensland Government’s 46-storey new home wins state’s top property honour

    A skyscraper that has reshaped the Brisbane skyline has taken out the Property Council of Australia’s Rider Levett Bucknall Queensland Development of the Year award. 1 William Street is the 46-storey office now home to the Queensland Government and public service. Building owners Cbus Property and ISPT were praised for taking an innovative approach to…

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  • Australia’s first engineered timber office wins NSW’s top property honour

    Australia’s first engineered timber office, International House Sydney, has received the Property Council of Australia’s Rider Levett Bucknall NSW Development of the Year award. “International House demonstrates that mass timber construction is a viable alternative to conventional construction and stands as a beacon of innovation and sustainable design excellence,” said the Property Council’s NSW Executive…

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  • Perth’s industrial space prospers on the back of employment and population growth

    Ray White's latest research has found there are signs of improvement in Perth's industrial leasing sector, with employment and population growth leading to positive GSP results. Entitled Between the Lines – Perth Industrial Sub 5,000sq m Leasing report, the research indicates small business is driving the trend. “Take-up in industrial space has especially been outstanding…

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  • Belle Property Commercial launches retail agency

    In response to Queensland’s infrastructure and development activity and population growth, Belle Property Commercial has launched Belle Property Retail, Brisbane. Michael Hanscomb, Managing Director of Belle Property Commercial, said Belle Property Retail will be the flagship brand within the Belle Property Commercial group and a key focus for the business. “With an explosion of online…

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  • Colliers International ACT to expand with a new office in the Civic Quarter

    After recently taking out the 2019 Real Estate Institute of Australia Commercial Agency of the Year, Colliers International ACT has outgrown its current office space and will move into the A-Grade Civic Quarter (CQ) when it is completed later this year. “Our business has continually performed strongly year-on-year and this has allowed us to continue…

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  • Ray White commercial duo maintain a perfect auction rate

    Ray White Commercial Gold Coast property specialists Jared Johnson and Lachlan Marshall are leading the charge to maintain a 100 per cent success rate under the hammer, selling $16.7M worth of assets across nine auctions in just four months. The duo have achieved a 100 per cent success rate under the hammer in 2017, 2018…

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  • Knight Frank makes high-profile national appointment to Capital Markets team

    Knight Frank has appointed Graeme Russell as Partner, Institutional Sales from late November 2018. With 33 years’ industry experience specialising in investment sales, Mr Russell will join Knight Frank from his most recent role as Divisional Director – Capital Transactions at Savills Australia and New Zealand, where he has worked for five years. Prior to…

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  • CBRE Group moves into co-working space with the launch of CBRE Hana

    Commercial real estate services firm CBRE has declared a move into the flexible working spaces sector with the creation of CBRE Hana, a new division which the agency says will partner with property owners to provide workspaces. Hana will design, build and operate the co-working facilities and services, in partnership with institutional property investors. In…

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  • Ray White Commercial recognises its top performers in 2017-18

    Ray White Hotels Australia Managing Director Andrew Jolliffe has claimed the major individual honours at the annual Ray White Commercial awards for the fourth consecutive year. The awards were held on Sunday night at the Gold Coast Convention and Exhibition Centre, which kicks off the Ray White Group’s Connect Conference, with 2,500 attendees from across…

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  • Knight Frank appoints Head of Institutional Sales for VIC and SA

    Knight Frank’s Joint Managing Director, South Australia, Guy Bennett will relocate to Melbourne to take on the newly-formed role of Partner, Head of Institutional Sales, Victoria and South Australia. The move delivers on the firm’s strategic focus globally on Institutional Sales and bolsters the firm’s east coast presence. Mr Bennett will leverage off his national…

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