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Business

Property Focus

Property

Lucky eights drive a record sale price

Nicole Lindsay Chinese buyers rush to buy a Blackburn North property on 588 square metres.

Micro living in the big city is not for everyone

Josephine Lee.

MARIKA DOBBIN They are tiny apartments about the size of a standard car parking space. Studio flats for sale in central Melbourne and Footscray are as small as 15 square metres.

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Property

Auction rates signal boom at hand

Auction flag.

Gareth Hutchens, Nicole Lindsay The east coast of Australia is on the verge of a property boom - we just don't know it yet, according to analysts.

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Micro living in the big city is not for everyone

Micro

MARIKA DOBBIN They are tiny apartments about the size of a standard car parking space. Studio flats for sale in central Melbourne and Footscray are as small as 15 square metres.

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Property

Accent on overseas stores

CAROLYN CUMMINS The success of the international fashion and homeware labels in Australia has been a boon for retail landlords, at a time when sales are flatlining at the local level.

Hot Property

Measure twice; build once

Sumit Oberoi In search of productivity gains and improved efficiency, lower costs and higher returns, safer and more harmonious worksites, companies in the construction sector are embracing an approach that melds creativity with technological innovation.

Property

Mixed outlook for Stockland

CAROLYN CUMMINS Stockland is predicting earnings will show a sharp improvement from 2014 after a year of consolidation across its retail, retirement and residential divisions.

Vicland adds another patch to its portfolio

Marc Pallisco

Marc Pallisco Vicland is buying sites from vendors who failed to get permitted projects off the ground.

Property

Goodman targets 9% profit growth

Greg Goodman.

CAROLYN CUMMINS The country's biggest industrial real estate investment trust reports a massive jump in net profit.

Property

Blackstone bets big on US housing market recovery

Commercial and residential buildings stand in the financial district of Manhattan.

CAROLYN CUMMINS Global investment company Blackstone Group is making a huge wager on housing.

Property

Stockland clears the decks

Stockland boss.

CAROLYN CUMMINS Diversified real estate investment trust Stockland has reported a 79 per cent drop in full-year earnings.

Property

Books add life and shadow to office fitout

Books office.

Stephen Crafti Architects have recycled rejected timber, blemishes and all.

Property

Straitened times put pubs on block

Beer tap.

SIMON JOHANSON Two popular inner-city watering holes are likely to be sold after their owner was declared bankrupt.

Property

Office vacancy rates on the rise

Office space.

Carolyn Cummins Capital and rent values are rising in North America and parts of the Asia-Pacific region, new data says.

Property

Government to sell land as developers tap precinct in north

For sale and generic.

CHRIS VEDELAGO The Victorian government is forging ahead with its plans to sell off redundant property assets.

Property

Tower boom on horizon as developers eye Footscray

Footscray - google earth.

SIMON JOHANSON A pocket of Footscray will become a satellite city of 5000 people living in more than a dozen high-rise towers.

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Property

Tower boom on horizon as developers eye Footscray

SIMON JOHANSON A pocket of Footscray will become a satellite city of 5000 people living in more than a dozen high-rise towers.

Property

Market wrap

Commercial-Property

The AFL Players Association has found a new home at 168-172 Bridport Street.

Nigel Satterley buys historic Chiritta home in Perth's Peppermint Grove for $17.5m

Chiritta_320

Millionaire Perth property developer Nigel Satterley has snapped up a $17.5 million bargain buying one of Western Australia's most historic and prestigious homes for well below the listed price.

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Historic

Nigel Satterley buys historic Chiritta home in Perth's Peppermint Grove for $17.5m

Millionaire Perth property developer Nigel Satterley has snapped up a $17.5 million bargain buying one of Western Australia's most historic and prestigious homes for well below the listed price.

Property

Stockland to sell FKP stake for $70m

Stockland shopping centre.

CAROLYN CUMMINS Stockland is to sell its strategic 14.9 per cent stake in retirement rival, FKP Property, with the cash of about $70 million.

Property

Auction clearance rate continues to climb

house camberwell

Nicole Lindsay The election campaign has had little impact on the burgeoning property market with four in five properties selling at auction in Melbourne and Sydney over the weekend.

Childcare centres of earning

CAROLYN CUMMINS The low interest-rate environment has seen investors heading swiftly towards the higher-yielding bricks-and-mortar sector, with demand rising for an array of property types.

Inn for the longer haul

CAROLYN CUMMINS Mantra Group has launched a new program aimed at the longer-stay traveller at a time when the hotel sector is moving to offer more than just a room for the night.

Hot Property

Pain grows in a stressed sector

Drenka Andjelic It's not easy in the construction game at the moment, with activity in the residential-construction sector at its lowest in 20 years. Activity in the Building the Education Revolution scheme is a distant memory, hotel construction is difficult to stack up financially and project finance, in general, is still hard to secure.

Property

Retail is the king of pop

CAROLYN CUMMINS A war is intensifying between Pitt Street Mall and George Street landlords as they compete to capture big-name retailers to attract shoppers to their CBD precincts.

Property

Gradual recovery in housing likely as job fears weigh on prices

Generic sign.

SIMON JOHANSON Record low interest rates may spark double-digit growth in Sydney's property prices but job worries are likely to keep a lid on values across the rest of the country.

Property

Bricks and mortar in vogue

Corner store.

Carolyn Cummins and Simon Johanson The low-interest-rate environment has sent investors heading swiftly to the higher-yielding bricks-and-mortar sector.

Property

Malaysian group buys Docklands supermarket

Woolies welcome.

Chris Vedelago and Simon Johanson A Malaysian investment group is believed to have paid at least $14.5 million to buy the only full-line supermarket in Docklands.

Capital Gains

Clubs aim high with city tower build plans

Marc Pallisco

Marc Pallisco Freemasons Victoria is taking cues from another Melbourne society to better profit from its blue-ribbon land holding.

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