No sharp house price correction, says S&P;
There will not be a sharp correction to Australian house prices any time soon, according to global rating agency S&P; Global.
Property
Ingenia raises $60 million for four new parks
Holiday and retirement park operator Ingenia Communities is poised to swoop on the last A-grade freehold caravan park in Sydney with its newly raised $60 million in cash.
Walker lodges plans for two Parramatta towers
Billionaire developer Lang Walker has lodged development applications for two commercial A-grade office towers in the Parramatta Square urban renewal project in response to corporate tenant demand.
Ringing the bell on Preston industrial
The busy northern suburbs thoroughfare of Bell Street is undergoing a startling transformation as previously industrial properties are redeveloped as big box retail showrooms.
Low interest rates spur strata sales
Strata office prices in Sydney are expected to increase by 5 per cent in 2016 as values rival Melbourne's hot strata market.
Coles to sell Coburg North Village shopping centre
Retail giant Coles will divest its newly developed Coburg North Village shopping centre into a property market starved of retail assets and fuelled by historic low interest rates.
Why some experts fear an apartment glut
Three graphs that help explain why there is a growing concern we may be building too many apartments.
It took just seven days to sell Abbotsford property
A building in Abbotsford took just a week to sell while a trophy office in Camberwell changed hands for $8 million.
B-grade no barrier to tech tenants
Expansion of the education and tech sectors and trendy refurbishments with exposed ceilings and concrete floors have helped Melbourne's B-grade office buildings reduce vacancy rates and attract new tenants.
Retail's dream run with investors reaches new heights
Small private investors are underpinning a dream run in high street shop sales in Melbourne, paring back yields even as Asian buyers take a back seat.
X-rated King Street strip to become upmarket retail hub
Co-owners of the Rialto tower, Lorenz and Rino Grollo, are poised to buy strip club Showgirls Bar 20, which would bring them a step closer to transforming the notorious King Street precinct into an upmarket retail centre.
RBA warnings on hot property echo in Vancouver
Canada's central bank governor has joined RBA governor Glenn Stevens in warning about frothy property markets that may come undone.
Brickworks lifts profit forecast
The building materials maker is benefiting from buoyant construction activity, and higher earnings from property developments.
Southwest industrial picks up as West tightens
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.
Williams selling Hudson Conway HQ
Lloyd Williams is finalising the sale of his long-time Hudson Conway headquarters, in Southbank, after being rejected permission to build a contentious 41-level Elenberg Fraser tower described by one City of Melbourne councillor as "a shocker".
Snow property picks up ahead of season opening
Snow enthusiasts are drifting back to invest in Australia's ski fields with property sales rising on most mountain slopes ahead of this week's season opening.
Couple refine living with art and showing it off
Living with art required a complete transformation for an architect and his wife wanting to turn their home into a gallery.
Investor loans slump as lending tightens
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
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
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 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
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
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
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 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
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
The Organisation for Economic Co-operation and Development sees a 'dramatic and destabilising' end to Australia's property boom.
Airbnb arrangements challenged in St Kilda tenant-landlord battle
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.
Brutalism no obstacle for Woods Bagot fit-out
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
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.
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