Victorian government buys Holden factory to create 'innovation and employment' hub

• EXCLUSIVE

Motoring giant Holden has sold its massive Fishermans Bend car manufacturing plant to the Victorian state government in a $130 million deal which will see it transformed into an innovation and employment hub.

Southbank notches up another development sale

One of Melbourne's most prolific apartment markets has notched up another sale with a Hong Kong-based developer buying a development-ready Southbank site for $8.8 million.

Grocon and NEC cost dispute threatens new cancer centre

A stoush between private developer Grocon and subcontractor NEC Australia is threatening the completion of the world-leading Victorian Comprehensive Cancer Centre.

Cbus to build 14-storey high rise in Collingwood

Super fund developer CBUS has won a legal battle to construct one of Collingwood's tallest apartment towers, a 14-storey monolith on a 2010 square metre block in Wellington Street.

Energy Australia's hunt for space could spark new development

Two big corporate tenants looking for new office space could potentially spark a flurry of commercial development activity in Melbourne.

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.

Micro spaces are making a comeback

Small is good for some retailers who now consider micro shops the new black.

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.

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.