National Commercial Property News

National commercial property news, commercial real estate market data, business news and insights.

Cheap thrills and No Frills: What happened to Franklins supermarkets?
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Cheap thrills and No Frills: What happened to Franklins supermarkets?
Before ALDI and Costco became the kings of cheap-and-cheerful groceries, it was Franklins who ruled supreme over the discount supermarket landscape. As the country’s go-to destination for budget groceries, with its long aisles stacked to …
Vinyl revival: What went wrong for music megastores like Sanity and Brashs
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Vinyl revival: What went wrong for music megastores like Sanity and Brashs
Major music chains like Brashs, HMV and Sanity have largely disappeared from the retail landscape, yet small independent record stores are still going strong. How did we get here? During the 1990s – the last …
Why your next hotel stay could cost you more
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Why your next hotel stay could cost you more
Hotel room rates are set to rise this year, as recovering international tourism and big-ticket events boost occupancy levels across the country, according to CBRE.   CBRE forecasts that the recovery in overseas tourists coming to …
Australia’s up-and-coming high streets: The revival of Port Kembla’s Wentworth Street
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Australia’s up-and-coming high streets: The revival of Port Kembla’s Wentworth Street
It’s an overcast Saturday afternoon in Port Kembla and in the open-air courtyard of a motorcycle dealership, locals sip on craft beer and devour pop-up pizza while Third Eye Stimuli DJs spin a bumping soundtrack. …
Investment opportunities emerging but buyers biding their time
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Investment opportunities emerging but buyers biding their time
The number of commercial properties hitting the market has picked up this year, though this is yet to translate to an increase in deals. There were 10% more commercial properties listed for sale over the …
The demise of the Aussie steakhouse scene
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The demise of the Aussie steakhouse scene
Once beloved destinations for a cheap and cheerful meal, the quintessential Aussie steakhouse has become a culinary relic that fell victim to changing trends. If you grew up in Sydney circa 1970 through to the …
An accidental success: How Jim Penman built a multimillion dollar franchise empire, Jim’s Group
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An accidental success: How Jim Penman built a multimillion dollar franchise empire, Jim’s Group
With just $24 and a single lawnmower, Jim Penman grew his small side hustle into a multimillion dollar franchising behemoth, yet he insists he’s “not a natural business owner”. Here are the secrets to his success. If …
Cambridge doubles down on education assets
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Cambridge doubles down on education assets
Singaporean fund manager Cambridge RE Partners has bought its second major local asset at Port Macquarie in a $116m deal.
Population growth sustaining retailers as per capita spending plummets
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Population growth sustaining retailers as per capita spending plummets
Households have considerably tightened their belts over the past two years, as cost of living pressures bite. While the pandemic enabled many households to dramatically increase their savings, high inflation and subsequently interest rates are …
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