Property Focus

 

Brickworks lifts profit forecast

Brian Robins 4:51 PM   The building materials maker is benefiting from buoyant construction activity, and higher earnings from property developments.

Southwest industrial picks up as West tightens

It's proving tough to find industrial properties in Sydney's southwest.

Simon Johanson 2:58 PM   Southwest Sydney's industrial market is proving to be one of the city's most competitive industrial hubs, but volumes and sales have also picked up significantly outside of the city in Illawarra.

Investor loans slump as lending tightens

Loans to investors has fallen 5 per cent from last month.

Jessica Sier   Loans to property investors fell five per cent in April, breaking a six-month upward trend, suggesting recent efforts by regulators to curb loans is working.

Australian Federal Police no match for 70-level tower

On the move: The Australian Federal Police, currently headquartered in the Royal Mint Centre, will be displaced if ...

Simon Johanson   Plans to demolish a large city building will force the Australian Federal Police to move offices and will block the views of a celebrated city apartment tower.

Charter Hall snaps up Woolies distribution centre worth $215m

An artist's impression of Woolworths new distribution centre in Dandenong South.

Simon Johanson   Property developer and funds manager Charter Hall has further cemented its relationship with supermarket giant Woolworths adding the retailer's new purpose-built $215 million distribution centre to its industrial portfolio.

$11m stoush over Scots Church Assembly Hall

The Scots Church Assembly Hall is at the centre of a legal dispute.

Nicole Lindsay   The Presbyterian Church is owed more than $11 million in a Collins Street real estate deal that has unravelled over complex rules governing its property trusts.

Owner seeks to flip Fishermans Bend landholding

New on the market, 19-25 Raglan Street in South Melbourne is expected to fetch about $8 million.

Simon Johanson   The owners of a large South Melbourne development site will flip the property within months of buying it for $14 million.

A record eight homeowners pitch in together to sell to developers

375-389 Bay Road Cheltenham

Nicole Lindsay   Eight Bay Road property owners in Cheltenham have banded together to sell their houses and could expect to receive around $9 million.

Getting away from 'cookie cutter' development

Transport architect Diane Legge Kemp.

Nicole Lindsay   Hong Kong-based transport architect Diane Legge Kemp is a self-confessed train nerd, who travels the rails on the weekends out to the New Territories.

Market Wrap: Investors show sweet tooth for shops

A ground floor 110 sqm office at 7/521 Toorak Road, Toorak has sold to a local investor for a yield of 5.6 per cent.

A buyer with a sweet tooth snapped up a fully refurbished two-storey building at 647 Chapel Street for $3.2 million under the hammer, on a yield of 4.3 per cent.

Coles, Viva to add over 100 petrol station sites

More than 100 petrol station sites are expected to be added to the Coles-Viva Energy network during the next five years.

Angela Macdonald-Smith   Viva Energy and Coles have committed to expanding their petrol station alliance to add more than 100 sites during the next five years.

OECD warns of Aussie property demise

Lenders are discreetly tightening criteria for borrowing.

The Organisation for Economic Co-operation and Development sees a 'dramatic and destabilising' end to Australia's property boom.

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Airbnb arrangements challenged in St Kilda tenant-landlord battle

The argument has been focused around whether an Airbnb stay is a sublet or a licence to occupy.

Georgia Wilkins   The legal status of Airbnb listings has been challenged in the Supreme Court of Victoria, with a landlord arguing her apartment was illegally sublet through the site.

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Brutalism no obstacle for Woods Bagot fit-out

Woods Bagot's new office in the brutalist-style building on the corner of William and Little Collins streets.

Stephen Crafti   Woods Bagot had been in its Southbank office for 10 years. While the view of the Yarra from the building's domed ceiling was impressive, the office required updating.

PJ Gallaghers sells for $14.5m as investors look north to Queensland

PJ Gallaghers pub in Leichhardt has sold for $14.5 million.

Simon Johanson   A publican has poured $14.5 million into buying the PJ Gallaghers pub in Leichhardt from Gallagher Hotel Management as tight market conditions push hoteliers north across the border into Queensland.

Cashed-up developer checks out of Hawthorn's California Hotel

One of the buildings on the former California Hotel site in Barkers Road, Hawthorn, before the land was cleared.

Marc Pallisco   The developer who in 2014 paid Alex Waislitz's Thorney Holdings nearly $17 million for Hawthorn's former California Hotel site is selling it for a speculated price of more than $40 million.

Aust Unity Home Care expands to Parramatta

Australian Unity Home Care Services have signed a lease at 56 Station Street, Parramatta.

Carolyn Cummins   Australian Unity Home Care Services has expanded its footprint with a large office lease in Parramatta.

Liverpool emerges as new growth centre

Currently, about 75 per cent of Liverpool's residents leave the area for work each day.

Carolyn Cummins   Expansion focus has been on Parramatta, but the surrounding districts are also gaining interest.

Retailers use data as the new weapon to entice shoppers

By using data analytics, tenants and landlords can tailor their centre to their customers.

Carolyn Cummins   Retail landlords are discovering that the secret weapon to make a shopping centre more profitable and relevant is using consumer and business data, that is being captured by banks through cashless payment systems.

Westfield proposes huge extension of Doncaster shopping centre

Doncaster Westfield Shopping Centre.

Simon Johanson   Retail giant Westfield has submitted a $500 million plan to expand its Doncaster Shopping Centre complex by more than one third in an effort to remain competitive with neighbouring retailers in Melbourne's eastern suburbs.

Apartment supply boom a 'growing concern'

GENERIC AFR PHOTOGRAPH BY GLENN HUNT 16th January 2014.
GENERIC - realestate, homes, property, new home buyers, for ...

Clancy Yeates   Inner-city apartment prices could be affected by a wave of new properties coming onto the market, S&P; says.

Tramsheds expands food offers

Tramsheds, will officially open to the public at the end of August and has revealed the supermarket retailer, will be ...

Carolyn Cummins   Sydney's latest food destination, Tramsheds​, will officially open to the public at the end of August and has revealed the supermarket retailer will be Supamart​.

Vending machines are the new retail frontier

Moet vending machine at Selfridges department store in London

Carolyn Cummins   Lovers of MoĂ«t & Chandon champagne will soon be able to have their own AbFab​ moment, with plans advanced to have a vending machine full of bubbles in Australia.

Service NSW assets hit the market

65-67 Church Street, Mudgee  has a 5 year lease to NSW Government.

Carolyn Cummins   The NSW Government's property arm is selling a range of small assets in regional areas as part of its sale and leaseback program.

Mount Buller's Arlberg Hotel for sale as snow falls

The Arlberg Hotel on Mount Buller.

Simon Johanson   The owners of Mount Buller's popular Arlberg Hotel will cash out just as the winter snow brings holiday makers flocking to Victoria's ski fields.

SMSFs look to property as faith in superannuation declines

161 Castlereagh Street, Sydney, where commercial property is popular with super funds.

Tom Sheridan   An upcoming election and changes to superannuation contributions may lead to an interesting period in commercial property investment growth, with couples and individuals with self-managed super funds (SMSFs) more likely to consider passive investments to be held within their fund.

Development site on market worth $100m

The site at 51-57 Goulburn Street, 43-49 Goulburn Street and 698-704 George Street  is on the market and includes the ...

Carolyn Cummins   A major development site in Sydney's Haymarket is for sale by the private owners, Goulburn Property, with a price tag of about $100 million.

Shops still shut at St Collins Lane

Workers put the finishing touches on a shop at St Collins Lane.

Nicole Lindsay   Less than half the luxury retailers signed up to Melbourne's newest shopping centre, the oddly named St Collins Lane, have opened weeks after its official launch.

Aussie, Kiwi housing markets in lock-step

More in common than a love of pavlova: Australia and New Zealand's housing markets are also cousins.

Mark Mulligan   UBS says the housing markets of Australia and New Zealand behave almost as one.

Swisse vitamins millionaire buys Lygon Street chemist

Swisse vitamins investor Michael Saba splashed out on Lygon Street real estate last week.

Nicole Lindsay   Swisse vitamins investor Michael Saba splashed a fraction of his fortune on Lygon Street real estate last week.