Commercial Property News and Insights

A CBD building with development upside overlooking Light Square has sold for $4.285m in a campaign managed by LJ Hooker Commercial Adelaide.

Office landlords are awaiting the outcomes of the 2023/24 Federal Budget to see how the Government’s fiscal priorities influence the ACT’s workforce.

The value of a knowledgeable and proactive commercial asset manager can represent tens, or even hundreds of thousands of dollars, for investors over the term of a lease.

After several decades of planning, a long-awaited road network into the regional centre of Taree has brought with it the opportunity to deliver the largest transport hub between Sydney and Brisbane.

Australian commercial property markets have faced significant challenges in recent years. High inflation, rising interest rates, declining bond returns, global conflicts, and geopolitical actions have all combined to increase market uncertainty. Despite these challenges, the market has also witnessed new opportunities and structural shifts that have positively impacted commercial real estate assets.

Competition for industrial rentals in Sydney’s South-West is now akin to the residential market, according to LJ Hooker Commercial Macarthur Director Aaron Ward.

A strata-titled motel within walking distance of the Gabba has sold for $6.5m as the investment drive ahead of the 2032 Olympics and Paralympics picks up.

One of Australia’s best performing IGAs will go under the hammer this month as quality suburban retail assets enjoy a surge in popularity post-Covid.

Industrial rents will continue to rise over 2023 despite economic headwinds, LJ Hooker Commercial’s latest Industrial Market Monitor shows.