![There are concerns of an oversupply of apartments in Brisbane, Sydney and Melbourne.](/web/20160903110114im_/http://www.smh.com.au/content/dam/images/g/p/a/1/j/v/image.related.wideLandscape.460x259.gr7bce.png/1472793471386.jpg)
Apartment correction to cause Australia-wide recession: report
A 'correction' in the apartment market could see sharp falls in all Australian home prices and a nationwide recession.
A 'correction' in the apartment market could see sharp falls in all Australian home prices and a nationwide recession.
In a rush of nostalgia, four girls of the ’90s stroll through the shiny new Westfield mall.
Small is good for some retailers who now consider micro shops the new black.
One way to trial whether to rent a bricks-and-mortar store is to operate a food truck.
Agents have suggested that the giant 'we work' are committing to 24,000 sqm in the Sydney CBD.
Premium grade office assets in Sydney's CBD office market are often reserved for larger corporate tenants, but an overflow of businesses seeking space in the city's increasingly tight leasing market is encouraging tenants to explore new options, according to JLL.
A number of tenants in Sydney's CBD will be required to relocate out of their current office accommodation in the near future, as a result of compulsory acquisitions and residential repurposing. If you're in this situation, it can be a time of unwanted stress.
CHATSWOOD $500 sqm gross.
Frank Lowy's Westfield Corp is taking shopping centre entertainment to a whole new level with the acquisition of Broadway film and television business Scott Sanders Theatrical Productions.
A prominent Doncaster Hill block, recently permitted to make way for a landmark 12-level apartment tower, has sold to a local developer for more than $16 million – a deal which values each permitted dwellings at a record price of more than $90,000.
Some buildings from the 1980s are returning to favour. But one such building chosen by an inner-city local council as its new headquarters, isn't one of them.
The long-anticipated move by internet giant Google to the Bays precinct, Sydney, is a step closer with the developers revealing the two groups are in talks over a potential lease.
Investors have snapped up $70 million in development properties in the past week across the Sydney basin as they seek out higher yielding bricks and mortar assets.
An unexpected surge in home approvals is good news for renters, homebuyers and builders, but it may become a big drag on already sluggish inflation.
A major office tower at Chatswood with potential development opportunity is on the market by the owners, Linfield Developments, with a value of about $55 million.
An aged care provider has pounced on a large development site in Brunswick, the latest in a string of deals as the sector jostles to cater for an undersupply of beds in the inner and middle ring suburbs.
Home Consortium, the group buying the $750 million Masters property portfolio, is "unfazed" by legal action launched by US retailer Lowe's to intervene in the Woolworths' wind-up deal.
The owners of the Preston Market will move ahead with a $4 million revamp of the popular food halls despite opposition from local residents and traders.
GDI Property is looking to raise more than $300 million through the sale of two key office assets as its undertake a review of its portfolio.
Dealmaking in Australia's office market has plunged by the most since the global financial crisis as owners hang on to assets that are among the highest-yielding in the region.
Australia's sustainable ratings agency is set to ramp up its system for assessing residential communities as it unveils Green Star ratings for a suite of Stockland housing estates.
The four 20,000sq m buildings that make up the Hawdon Industry Park have been snapped up by a private investor for $15.1 million.
Smaller commercial property transactions are in bull market territory, achieving record prices similar to the country's heated housing sector, as the Reserve Bank's latest rate cut drives a spike in activity.
Melbourne's booming education sector continues to drive demand for city offices, with a string of recent deals tying up nearly 6000 square metres of space.
Singapore-listed restaurant operator ABR Holdings has pulled the plug on a $20 million deal to develop a former insulator factory in Yarraville in Melbourne's west.
Australia's richest woman, Gina Rinehart, is looking to bid jointly with Chinese interests for Kidman & Co, one of the country's largest farm owners, sources say.
(Bloomberg) -- China Petroleum & Chemical Corp., the world's biggest oil refiner, posted a 22 percent decline in profit for the first half of the year as oil's collapse overpowered the boost from cheaper crude used to make fuels and chemicals.
Federal Reserve policymakers are signaling they could raise U.S. interest rates soon but they are already weighing new tools they may need to fight the next recession.
Woolworths' sale of its Masters stores will propel a consortium of wealthy private families to become Australia's largest retail landlord, overtaking shopping giant Harvey Norman.
Hotel investment is tipped to escalate in the coming year as investors seek to take advantage of the growth in overseas and domestic tourism in a market that is deemed under-supplied.
We need to make this work, for everyone's sake.
The sharing economy already has your car and your house earmarked. Now for your spag bol.
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