Shopping centers pursue 'Internet-proof' tenants
Internet proofing shopping centres is the way forward for mall owners
Property
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.
Westfield isn’t like the shopping malls of the ’90s
In a rush of nostalgia, four girls of the ’90s stroll through the shiny new Westfield mall.
Micro spaces are making a comeback
Small is good for some retailers who now consider micro shops the new black.
Food trucks are the new retail property interrupter
One way to trial whether to rent a bricks-and-mortar store is to operate a food truck.
WeWork and WOTSO expand
Agents have suggested that the giant 'we work' are committing to 24,000 sqm in the Sydney CBD.
CBD leasing markets on growth path
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.
Termination of lease notice is no reason for panic
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.
Leasing Ladder
CHATSWOOD $500 sqm gross.
Lowys bring some old razzle dazzle to Westfield
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.
Record set after $16m-plus Doncaster Hill deal
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.
Ugly 1980s office transformed
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.
Google revisits White Bay for new headquarters
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 snap up $70m in assets
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.
Home approvals unexpectedly surge in July
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.
Chatswood offices in high demand
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.
Aged care provider targets Brunswick site
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 presses ahead despite Lowe's' Masters ploy
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.
Preston Market revamp to start in October
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 earmarks $300m-plus in office sales
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.
Deals freeze up in Australia's lucrative office markets
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.
Stockland ramps up green stars
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.
Investor snaps up industrial park for $15.1m
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.
Low rates fire smaller commercial sales
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.
Education surge makes city offices 'hot property'
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.
Singaporeans pull out of Yarraville development deal
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.
Kidman bidding heats up as Rinehart mulls move
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.
Sinopec profit slips as refining fails to counter oil crash
(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.
As Fed nears rate hikes, policymakers plan for 'brave new world'
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.
The wealthy families who've become Australia's largest retail landlord with Masters deal
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.
Small Business
Sick of bank rejections? Meet the businesses who said goodbye
As political pressure grows, some small businesses are getting avoiding banks all together.
How this company is turning over $200 million in its third year
A travel site that reached $200m turnover in three years works hard on this one thing.