Biggest risks to commercial market in 2020
It was a year of big sales and tightening yields in the office and industrial investment sectors, but the heads of two agencies concede there will be headwinds to negotiate in 2020.
Prime Site
Investors thinking big and going back to the future
Demand for larger scale inner-city assets with development upside has improved towards the latter half of the year, reflecting the shifting momentum in Brisbane’s investment market.
Fund manager’s $45m retail raid in Qld growth corridor
Fund manager Clarence Property has acquired two southeast Queensland neighbourhood shopping centres, bringing its flagship Westlawn Property Trust portfolio to $400 million.
Laguna North Lakes appoints builder
Up to 300 workers will be employed during peak construction times in a major North Lakes mixed use development which will start mid 2020.
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Shopping centre to build zipline, high ropes course
A SOUTHEAST Queensland shopping centre has lodged a development application to build a 21m high viewing deck and 10 ziplines as part of its $400 million redevelopment project.
New hi-tech HQ revealed
A NATIONAL insurance giant has unveiled its new $73 million headquarters in Queensland, complete with hi-tech system that does away with access cards by recognising each of its 1700 staff members.
Viva adds Gympie to portfolio
The Shell/Coles Express service station at 102 River Rd, Gympie, sold for $5.04 million.
Brisbane’s new $2b ‘city within a city’
AN INNER Brisbane suburb is set to be transformed as part of a groundbreaking $2 billion development covering 4ha.
Warehouse conversion a ‘jaw dropper’
THAT’S how the conversion of this Brisbane CBD warehouse has been described. Its luxurious penthouse has river views, soaring ceilings and the largest-ever single poured terrazzo slab in Queensland.
Heritage-listed gem’s prayers answered
A 130-YEAR-old renovated church and Fortitude Valley landmark has had faithful buyers ready to take a pew.
Centre on its way after legal limbo
TWO new shopping centres are about to pop up north of Brisbane, including one that has been delayed by a lengthy legal battle.
Holy guacamole, you can get it on the go
TACO Bell’s incursion into the Brisbane market hasn’t slowed down Tex Mex rival Guzman y Gomez, which is rolling out its latest drive-through location.
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