Property

 Lend Lease new offices at Barangaroo tower 3,in Sydney, Australia.

Lendlease unveils double-digit growth

Global developer and infrastructure group Lendlease has unveiled a 13 per cent rise in net profit to $698.2 million, based on high residential settlements, the current construction boom and rising forward contracts.

The Wynyard Place project by Brookfield is one of the many office building projects in hot demand in Sydney.

Office landlords ruling the roost

National Australia Bank's move to be the anchor tenant at the $1.7 billion office and retail development at Wynyard Place and car sharing service Uber's move to 580 George Street underpin the optimism of the office landlords.

One of DEXUS' projects in the pipeline is the  office tower at 105 Phillip Street, Parramatta.

DEXUS calls very low office vacancy

DEXUS Property has supported its forecast of Sydney's office market hitting a low of 3 per cent by 2019, with the lease of space at its 30 The Bond office tower near Baranagaroo to Roche (Pharmaceuticals) Australia.

The 7,125 square metre site at Glebe for 247 private homes has been sold for more
than $67 million - to help fund the ...

Integrated housing a win-win

Southern Sydney is receiving a new lease of life with a big increase in new social and affordable housing, integrated with private housing.

The Primrose and Finch bridal boutique is  now an empty building.

Intrapac Projects spending $90m-plus on ex-Lilydale quarry

Melbourne developer Intrapac Projects is paying more than $40 million for an enormous 162.7 hectare former quarry in Lilydale, which needs more than $50 million invested to fill, before it can be subdivided into one of the state's most significant new housing projects.