Investor frenzy tipped at commercial property auction
Investors are tipped to come out in force this week when a range of properties, worth more than $50 million combined, come up for auction.
Property
The Star casino plans new $500m, '6-star' hotel
Sydney is to get a new $500 million, "six-star" hotel as part of The Star Entertainment group's renovation of the city's main casino as it prepares to take on James Packer's proposed Crown resort at Barangaroo.
Property management drives value beyond cost savings
Outsourcing of building management services has moved beyond being a cost saving exercise for the tenants to encompassing a wide range of factors to make the property more efficient and attractive, according to a CBRE report.
Office markets reaching for house-full signs
Sydney office tenants had better brace themselves as rents are set to go as high as some of the new skyscrapers being built, according to the latest Knight Frank Global Cities 2017 report.
Myer downsizes, cuts stores to lift profits
Myer has ramped up plans to reduce its total floor space by 20 per cent as it races to reinvent itself in challenging retail conditions.
Doughnut Time at the beach
The march of the micro stores is gaining pace with gourmet doughnut specialist Doughnut Time opening a new store on Manly Corso on Sydney's northern beaches.
Retailers hit by cargo ship bankruptcy
The collapse of South Korea's Hanjin Shipping Company is causing no end of headaches for importers and exporters and could result in less presents under the Christmas tree this year.
Wealthy councillor to sell former Mowbray College campus in Caroline Springs
Prominent councillor and education entrepreneur Intaj Khan is close to selling a central Caroline Springs site for a speculated $11 million. If the deal goes through at that price it would reflect a profit of about $4.3 million on the price he paid in 2012.
Sydney CBD packs a punch
The Central Sydney Planning Strategy backs a dynamic mixed-use city and will drive innovation in our property industry.
Commodore Hotel hits the market
The 150 year-old Commodore Hotel, said to be Henry Lawson's preferred watering hole, is on the market, at a time when A-grade freehold hotels are being actively sought by investors who are spreading their sights to the suburbs.
Leasing Ladder
ROSEBERY $785 sqm gross.
Sydney king of the (office) world
Sydney office tenants had better brace themselves as rents are set to go as high as some of the new skyscrapers being built, according to the latest Knight Frank Global Cities 2017 report.
Unusual apartments energise campus life
Can apartment units have a sense of character and identity beyond being 'stacked boxes'?
New movie house for Ballarat
A state-of-the-art six-screen digital cinema will feature at the new Delacombe Town Centre in Ballarat.
Strata owners band together to sell Franklin Street office tower
A group of strata owners in a 19-level Melbourne city office building have banded together to put their tower on the market with expectations around $50 million.
Victorian government buys Holden factory to create 'innovation and employment' hub
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.
City makeovers as office buildings change their spots
The volume of office space pulled out of the market on the east coast increased a staggering 71 per cent in 2015 and is expected to double in 2016.
Millionaires plan Gumbaya Park revamp
A consortium led by Jayco Caravan magnate Gerry Ryan and Carsales.com founder Wal Pisciotta, has snapped up the Gumbaya Park amusement operations for $4.65 million.
Nine Network looks to stars for new 'home of television'
Nine Entertainment has entered into exclusive discussions to relocate to a high-rise tower in North Sydney when its lease at Willoughby expires.
Greencliff spends $25m on Castlecrag centre
Dr Stanley Quek, owner and executive chairman of diversified real estate group Greencliff, has paid $25 million for the Quadrangle Shopping Village in Castlecrag, on Sydney's lower north shore from the private Mok family.
Golden glow for heritage city building sales
Two adjoining heritage buildings at 14-16 and 18-20 Goldie Place were left with a golden glow after an investor paid $5.45 million to snap up both two-storey brick buildings.
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.
Vicinity sells Tuggeranong mall interest for $120 million
Vicinity Centres has raised $120 million from the sale if its half share in the Tuggeranong Hyperdome in Canberra at a time when retail property is in high demand from large-scale investors.
Pubs are on the shopping list
The pub sector is still attracting investors with a host of recent sales in and around Sydney's inner suburbs.
Retail property attracts big gun investors
Retail investment is moving into record territory with investors seeing the potential growth starting to outweigh rival office and industrial property markets.
Ryman buys landmark Moondah Estate from Melbourne University
The University of Melbourne has sold Mount Eliza's Moondah Estate to retirement living provider Ryman Healthcare for a speculated $20 million.
Sydney metro markets on growth path
Buyers are now turning their attention to the City fringe and east Sydney markets which are undergoing a siesmic shift with pubs and bars closing and being redeveloped into residential and hotel towers.
Stockland gets green gong
Stockland has once again been recognised as the most sustainable real estate company in the world in the 2016-17 Dow Jones Sustainability Index (DJSI).
North shore offices back in the spotlight
With significant stock withdrawals and rising rents in Sydney's CBD, the demand for office accommodation across the north shore is expected to rise substantially.
Small Business
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