Commercial real estate
Melbourne identity Mick Gatto snaps up St Marys Anglican church for $4m
Gatto’s not-for-profit, Equal Access for Autism, which he runs with his wife Cheryl, is paying more than $4 million for the church and vicarage on the corner of Plenty Road.
- Nicole Lindsay
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Hotel billionaire flies high, buying out Sydney Seaplanes
Jerry Schwartz is purchasing a majority share in the business from former owners Aaron Shaw and Ken Gaunt.
- Carolyn Cummins
From $40m to $80m, and back to $50m: A Queen Street office’s discount journey
Swiss fund manager ST Real Estate is having another crack at selling its B-grade office building on Queen Street, savagely cutting the price to meet the market.
- Nicole Lindsay
Telstra wants to hang up on Redfern exchange for $20m
Telco giant Telstra is rolling on with its property sales program seeking to offload a prime site in Sydney’s Redfern.
- Carolyn Cummins
WFH headaches linger for landlords with city offices still empty
More offices were empty across the country in January than six months ago, suggesting remote working is still causing headaches for Australia’s big-city landlords.
- Simon Johanson
53,000 products: Discount dynamo takes over empty Bunnings superstore
Australia’s discount homewares market is about to get some stiff competition with the arrival of international retailer Panda Mart.
- Nicole Lindsay
Sydney rich-lister sells prized Canberra vineyard
Rich-lister Tony Denny is selling his prized vineyard in Canberra to focus on projects on NSW’s Central Coast.
- Carolyn Cummins
Country Road finds new heritage-listed home in Queen Street Mall
The revival of the top end of the mall continues, with a new flagship store joining open-air markets.
- Cameron Atfield
‘Last piece of James Street puzzle’: Plans for Fortitude Valley office tower
A Melbourne-based developer has submitted plans to build what it claimed would be Brisbane’s best office tower outside the CBD.
- Cameron Atfield
Jingle bells fall silent as Christmas starts with sale of churches
Three churches have hit the property market just in time for Christmas, including St Kilda’s landmark Presbyterian Church.
- Nicole Lindsay
Original URL: https://www.smh.com.au/topic/commercial-real-estate-5vu