Clovelly Hotel on sale in time for summer
The Clovelly Hotel, considered one of the best located pubs in Sydney's eastern suburbs, is on the market as owner Iris Capital looks to take advantage of buoyant market conditions.
Property
Confidence returning to old estates in Sydney's west
Sydney has the largest infrastructure pipeline of any state in Australia, and according to the government's own forecasts, there will be an estimated $74 billion in transport infrastructure spending just in NSW over the next four years, according to Colliers Inernational.
Investors now assessing the true worth of a WALE
The withdrawal of the proposed $1.12 billion Charter Hall Long WALE REIT has raised questions as to the state of the listed property market and the timing and pricing of a number of recent listings.
Norwest’s Esplanade towers get the green light
The Sydney West Joint Regional Planning Panel has signed off on plans for the $280 million Esplanade mixed-use development on Norwest Lake.Â
Pricing crucial in Crown's property plan
Crown Resorts has flagged it is looking at creating a separately-listed property trust to own 49 per cent of its multi-million dollar hotel portfolio.
Looming housing downturn to put 200,000 jobs at risk: Morgan Stanley
Apartment glut is set to trigger a sharp slowdown in construction, putting 200,000 jobs at risk and prompting the RBA to slash rates to 1 per cent next year, the bank predicts.
IHG launches lifestyle brand EVEN in Australia and New Zealand
Australia has been earmarked for launch of the latest in hotel trends, wellness and lifestyle, with InterContinental Hotels Group looking to roll out up to 15 of its latest EVEN Hotel brand.
Ramsay secures space for CBD push
Leading private hospital operator Ramsay Health Care will open its first central-city pharmacy, in a push to provide more services "beyond the hospital walls".
Hotel groups determined to fight short-term letting changes
Australia's accommodation sector has rejected the recommendations of a NSW Legislative Assembly committee inquiry into short-term letting, saying that if the reported recommendations were correct they would put consumers at risk and favour commercial landlords over residential communities across the state.
Ballarat office takes centre stage with polished concrete
A two-storey office and warehouse in Ballarat is attracting attention from locals as well as being profiled on social media.
Henkell family buys central Moe retail asset
A firm controlled by Melbourne's Henkell family is paying Charter Hall a speculated $12Â million for a 2.5 hectare retail investment in central Moe.
Deals and Deeds
CHATSWOOD $1.1m.
Move over Sydney, there's a hotter property market
Home prices are booming in Queenstown, popular for its skiing, wine and occasional polar blast.
Cranes reach new heights with record numbers across Australia
Just when it seemed the city skyline was getting cleared of shadow-making cranes, up pop a few more to make it a record number dotting the horizon.
Charter Hall pulls the pin on its $1.1 billion new REIT
Charter Hall has pulled its the pin on the float of its new $1.12 billion Long WALE REIT after failing to get sufficient investor interest.
Investors head for the burbs as city stock dries up
Property investors are pumping more of their money into the suburbs as the value of property in the city skyrockets and available stock decreases.
Grand old property attracts premium price in Clifton Hill
A grand old, two-level Victorian terrace leased to Taco Bill restaurant at 97-99 Queens Parade has sold for $4.5 million.
Property owners cash in on winning west
The Bulldogs football team weren't the only winner in Melbourne's western suburbs recently, with a string of property deals in Williamstown's retail strip scoring goals for vendors.
Investors not put off by rising vacancy on suburban shopping strips
Melbourne's once-coveted retail strips are struggling to reinvent themselves and fill empty shops, with almost one in six vacant on key strips like Chapel Street and Bridge Road.
Auction takes Chapel Street shops to almost $15 million
The Conway's Corner building at the Windsor end of Chapel Street has fetched $14.96 million at auction on a yield of 3.5 per cent.
Sharp jump in property owners failing to pay rates
Melbourne's apartment boom has resulted in soaring numbers of central city property owners defaulting on rate notices.
More houses for city's north
Residential developer Villawood Properties has launched its fifth project for the year, a $250 million project in Wollert in Melbourne's northern suburbs.
Travelodge hotel in Docklands sells for $107m
Listed Singapore property developer Sing Holdings has snapped up a Travelodge hotel in Melbourne's Docklands for $107 million.
BlackWall Fund takes control of Pyrmont asset
Listed investor group BlackWall is undertaking a $15 million rights issue to buy out National Australia Bank's remaining stake, as the mortgagee in possession, of the former Fox Sports building at 55 Pyrmont Bridge Road, Pyrmont.
Lantern Hotel group raises $14.5m from asset sale
The listed pub owner, Lantern Group has raised $14.5 million from the sale of the Commodore Hotel in Sydney's north shore as part of its ongoing non-core asset divestment program.
Clive and Gina are shrinking violets
It seems running between meetings with lawyers, going to courts and dodging the media pack has had one upside for Queensland mogul Clive Palmer, that being a shrinking girth.
Apartment boom risks 'coming to the fore': RBA
The risks of oversupply the Brisbane and Melbourne apartment markets are "coming to the fore", the Reserve Bank warns.
'Moment in the sun': Beauty mega-brands challenge fashion for prized retail real estate
Beauty mega-brands such as Sephora and home grown cosmetics star Mecca are having "their moment in the sun", challenging high-profile fashion labels for prize retail sites in the process.
Sydney landlords riding a high rental wave
Sydney's office leasing markets have hit a sweet spot for landlords with rents tipped to rise in line with demand and flat supply, according to agents.
Singapore investors tipped to increase with new trade ties
The strengthening of ties with the new Singapore-Australia Free Trade Agreement (SAFTA) will prove a bonanza for commercial property, according to experts.
Small Business
The one factor that determines leadership success
How we're brought up leaves a trail that's difficult to shake off.
'You pay a little bit more, but it's worth it'
The numbers speak volumes.