Sydney housing boom has peaked, QBE says
Sydney's housing boom is coming to an end as restrictions on loans to property investors and a raft of new developments depress prices, insurance giant QBE says.
Sydney's housing boom is coming to an end as restrictions on loans to property investors and a raft of new developments depress prices, insurance giant QBE says.
There is a new kid in town.. called the Gig, and its taking over the workplace.
Prolific apartment developer Central Equity has swept up one of Melbourne's most contentious development sites, a former rubbish dump at the heart of a national land-banking scandal linked to notorious property spruiker, Henry Kaye.
Strong demand for affordable housing is driving a shift in the suburbs, with townhouses overtaking apartments as the product of choice for developers.
Centuria has put its A-Grade office building at 8 Australia Avenue, Sydney Olympic Park on the market to take advantage of the strong Sydney's metropolitan office market sector.
Close to the city, the site of the popular Bondi Wholefoods, at 517- 527 Elizabeth Street, Surry Hills, is being put on the market.
A five-star serviced office provider is set to roll out space for up to 130 people at 171 Collins Street as mining services companies downsize space.
Not-for-profit organisation Vision Australia is moving to sell its Sydney headquarters, unlocking a 12,600sq m parcel of potential development land in the city's inner-west.
Listed Abacus Property Group has teamed up with private equity investment management firm GAW Capital Partners to form a new $200 million opportunistic investment vehicle.
Abacus Property Group and Investec's Australia Property Fund have snapped up a key Brisbane office building for $132 million.
Convenience store king 7-Eleven is quietly re-weighting its property portfolio in the wake of a recent wages scandal.
Jim Allen has owned Tavistock House since 1993. "It's got good karma," says Mr Allen about his building. It was once the home of one of Melbourne's first pubs.
The Sydney skyline is preparing for another shake-up with the launch of three potential designs for the planned $500 million new hotel and apartments at The Star, Pyrmont.
Investa Office Management has successfully shored up its balance sheet with more than $790 million of cash raised from the debt and equity markets with some funds also being directed towards the redevelopment of 60 Martin Place.
Treasurer Scott Morrison said debate on Australia's housing market is prone to exaggeration - even as Sydney property prices rise anew - and indicated he doesn't see much appetite at the central bank for further cuts in the nation's already record-low interest rates.
Australia's richest woman has reached an agreement to purchase one of the country's largest cattle stations for $365 million just months after federal treasurer Scott Morrison knocked back Chinese buyers on "national interest" grounds.
Ford faces a long and costly process to decommission its manufacturing plants before it can sell its large landholdings on Melbourne's outskirts in Campbellfield and Geelong.
The Murdoch family may have raked in $US84.7 million ($111.5m) in 2016 for their services to 21st Century Fox, but the company's octogenarian chairman Rupert Murdoch is still a man of the people.
The ABS and NAB have different ideas about how many first home buyers there actually are.
Some buyers are snapping up homes they've never seen, worried it might be their last chance.
National Australia Bank has highlighted risk of an apartment glut in parts of inner Sydney and Melbourne, as a separate survey suggested hundreds of thousands of indebted Australians had not equity in their properties.
Frasers Property Australia (formerly Australand) has expanded its footprint in Sydney's inner west after it exchanged contracts to acquire a 15.19 hectare site in the industrial area of Chullora.
Western Australia and Queensland have the highest proportion of homeowners with mortgage debt that is equal to, or larger than, the value of their property, a survey shows.
In order to attract staff, companies have engaged in a number of tactics, that is not all about location and wages, but rather workplaces and how they function.
Fast-food giants are now seeking out larger premises in the suburbs to entice patrons to linger longer, rather than pay high rents for smaller city-based sites where the food is eaten on the run.
The volatile sharemarket and low interest rates has led to a significant cash inflow to Australian real estate investment trusts, according to a number of new reports.
NORTH SYDNEY $660sq m gross.
A recent report by two eminent economists has exposed a myth on the trend that "value capture" will fund all future infrastructure.
A consortium of high profile investors including former Essendon Football Club captain Mark "Bomber" Thompson are sharing in a major property windfall, reaping a speculated $32 million from a sheep station they bought for $3.8 million ten years ago between Geelong and Torquay.
The District Health Service Hospital in Kyneton was redesigned 12 years ago. More recently, the star-shaped hospital required an additional 'arm', an ambulatory care centre. Rather than create a new freestanding building, the brief from the Victorian Department of Health together with Kyneton District Health was for both wings to be integrated.
Loyalty can make leave you short-changed. Literally. This is how.
Businesses in Queensland are feeling confident and the state is performing well in profitability.
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