Big win on effects test
Cabinet's approval of an effects test is set to transform competition law for small business.
Property Focus
Why Australians can't get a 2.75pc fixed home loan
Simon Evans 4:54 PM A cashed-up Londoner can lock in a fixed home loan rate of 2.75 per cent for 10 years, rates that a Sydney or Melbourne homebuyer can only dream of.
TH Real Estate launches flagship European Cities Fund
Carolyn Cummins 11:21 AM Australian investors will have the chance to grab a foothold into the European market with the launch of the TH Real Estate inaugural European Cities Fund with €200m of co-investment capital having been provided by TIAA.
Market Wrap: Investor wakes sleeping giant paying $3.2m
10:08 AM A private investor has snapped up a Sleeping Giant tenanted building for $3.2 million, showing increasing investor demand for secure retail opportunities.
Millennials wary of negative gearing
Jessica Sier 7:27 AM Despite negative gearing enabling individual wealth creation, Millennials are wary of living beyond their means.
Big impact awaited from new accounting standards
Simon Johanson 12:00 AM New accounting standards are likely to affect how real estate deals are structured, experts say.
Shop sales show strong start to year
Simon Johanson 12:15 AM Small suburban stores continue to attract investors in 2016.
Investa manager rejects DEXUS offer
Carolyn Cummins 12:15 AM The $2.5 billion DEXUS Property takeover stoush for the listed Investa Office Fund is undervalued and should be rejected, according to the fund's current manager.
IBIS Styles Salamander hotel on the market with mixed-use option
Carolyn Cummins 12:15 AM Pub operators and residential developers are tipped to be the interested parties in the Ibis Styles Salamander Shores Hotel, Port Stephens, which has been put on the market by private owners including eastern suburbs-based realtor Chris Herbert.
Offshore money targets childcare centres
Simon Johanson Offshore investors have begun to target the childcare sector in the hunt for stable returns and long-term growth.
Suburban offices gets short shrift as apartments shine
Nicole Lindsay 12:00 AM Melbourne's suburban office market is poised for a fundamental restructure with $327 million worth of stock purchased in 2015 for conversion to residential use.
Darling Exchange will be wrapped in wood
Carolyn Cummins Sydney's skyline is set for more cranes and a rooftop bar with the development of the Darling Exchange, in the heart of the $3.4 billion transformation of Darling Harbour.
Without reserve: Greenland launches Omnia retail sites
Carolyn Cummins Developer Greenland is selling seven retail spaces in the Omnia in Potts Point.
Connecting the dots of Sydney’s commercial office landscape
Alex Wong It is clear that the infrastructure developments across Sydney, along with the continued residential conversions and the influx of international retail brands, will all contribute to the creation of a hybrid city, which is necessary for continuous growth both in the short and long term.
DEXUS and ICPF slug it out over Investa Office
Carolyn Cummins The battle for control of the Investa Office Fund has intensified, with the independent directors and experts endorsing the $2.5 billion DEXUS offer, while the current manager has rejected the valuations contained in the offer documents.
Legal eagle pub, Metropolitan Hotel, for sale
Simon Johanson Another landmark Melbourne pub is on the market, but it may be spared being knocked down for redevelopment like other notable city watering holes.
No parking: coming to your apartment building
Simon Evans An apartment building with no car parks? A key Toronto developer says there is an ever-diminishing need for car parks in new apartment projects.
Sale delay may reap massive dividends for Celtic Club
Clay Lucas and Simon Johanson The on-again off-again redevelopment of the city’s well-known Celtic Club is back on agenda, with agents CBRE appointed to run an expression-of-interest campaign for its sale.
Market Wrap: Port Melbourne office warehouse sells for $10m
An owner-occupier has splashed out $10.3 million to buy an office warehouse at 6-8 Central Boulevard in Port Melbourne.
Tourists, Emporium revive Melbourne CBD retail
Simon Johanson Melbourne landlords have been buoyed by an influx of quality and international retail outlets – coupled with higher consumer demand – which has meant a shift in vacancy rates from 6 per cent in early 2011 to 2.6 per cent last month.
Little Group offloads South Wharf site
Simon Johanson Essendon Football Club chairman and property developer Paul Little will divest a large development site in South Wharf in a bid to reduce the exposure of his development business, Little Projects, to the apartment sector.
Aust-Wide hits oil slick with Kingsville land development
Simon Johanson Aust-Wide Group, which collapsed spectacularly in the wake of the 1980s property boom with Henry Townsing at the helm, has had another property setback.
Strata still hot with SMSFs
Nicole Lindsay Competition between offshore investors and local self-managed superannuation funds for strata offices in the CBD has crunched yields and boosted prices.
Owners pull together to raise $30m from South Sydney development
Carolyn Cummins Superlots sales are becoming the preferred way to sell sites with seven owners coming together to offload a prime South Sydney development opportunity in Alexandria for $30 million.
Investors, developers put pubs in spotlight as Terminus hotel up for sale
Carolyn Cummins Investors and developers are pumping cash into the pub sector with two prominent sites at Pyrmont and Leichhardt the latest to hit the market.
Cypriot consortium flips major Hawthorn office
Marc Pallisco The Cypriot consortium who in late 2014 paid $34 million for a prime Hawthorn office with long-term redevelopment potential are believed to have entered negotiations to flip the site for more than $38 million.
Dull is good: Safety-first fundie beats 99% of peers
Adam Haigh A fund that prides itself on safe returns in all kinds of economic weather is showing up Australia's best stock pickers.
Perth chases Asian buyers as home prices drop
Rebecca Keenan It's a bargain! Property developers are trying to drum up interest in the WA capital from Asian investors deterred by hot Sydney market. But it may be an uphill battle.
Driverless cars set to reshape shopping malls
Carolyn Cummins One of the biggest issues facing property landlords in coming years will be the concept of driverless cars.
Industrial asset sales reach $5b
Carolyn Cummins Charter Hall and GPT are among the trusts that have earmarked what they view as non-core assets for sale to take advantage of the solid demand for properties by local and overseas buyers.
