Ardent's new chairman no stranger to crises
George Venardos has over 30 years of senior management experience including 15 years in executive roles - he's going to need it.
Property
Penrith coming into its own in the west
Penrith is emerging as one of Western Sydney's investment hotspots, with a flurry of residential developments recently coming to the market to meet buyer demand.
Diamond rings and mobile phones underpon Scentre Group's 2.5 pc sales growth
Jewellery, mobile phones, tech gadgets and a turnaround in department stores' performance were the backbone for retail landlord Scentre Group's comparable specialty sales growth of 2.5 per cent for the six months to June 30.
Tourism boom drives hotel occupancy higher
Soaring demand from holidaymakers and business travellers is underpinning Sydney and Melbourne's hotel sector, with Sydney in particular the standout performer.
ANZ willing to cede home loan market share amid rising risks
ANZ Bank says it is prepared to surrender market share in home loans to rivals, as it eyes the risks of fast-rising house prices and soft household income growth.
Tennyson Hotel on the market
Ray White Hotels Asia Pacific Director Andrew Jolliffe has listed Top 100 gaming property, The Tennyson Hotel on Botany Road in Mascot.
Intelligent street furniture to boost smart city concept
One of the key issues facing town planners, council and developers is how to make city's smart and flexible in the new-age of work and life balance.
Investors are pumped to buy service stations
Oil really is liquid gold for savvy investors snapping up regional petrol stations across Australia, as the sector looks set to finish off 2016 with a gusher, resulting in more than $171 million worth of sales.
Why build to sell when you can build to rent?
Across the US and throughout Europe the popular collaborative coworking movement and the millennial trend of transience, technological reliability, and lack of ownership, is playing a key part in the emergence of a new coliving movement, and powering the flourishing institutional private rental sector (PRS).
Deals and Deeds
NORTH SYDNEY $925,000
Jamie Oliver buys Jamie Oliver's Australian restaurants
Celebrity chef Jamie Oliver has stepped in to salvage his Australian Jamie's Italian restaurant franchise chain, taking it over from failed hospitality company the Keystone Group.
Ex-Norvel Road quarry sells for more than $30m
A major, master-planned community is set to replace a 9.2 hectare former quarry in Melbourne's east, which is speculated to be selling to a developer for more than $30 million.
Reinvented brutalist beauty saved from demolition
There are only a handful of great brutalist-style buildings dotted around the city and one example in North Melbourne has just been saved and renovated.
Ardent Leisure keeps Dreamworld closed
Ardent Leisure has said it will not be making any further comments on the Dreamworld theme park operations to allow the families of the four deceased patrons to hold their funerals.
Marriott International hotel group to call more of Australia home
Marriott International is looking to double its presence across the Australia, New Zealand and Pacific portfolio to about 50 hotels in the next four years to take advantage of the increasing movement of travellers in the region.
Singaporeans set to swoop as $1.5b office assets in play
A Singaporean investor is in due diligence on an 11-level Charter Hall office in Melbourne as other investors prepare to swoop on the Sydney home of the Australian Securities Exchange.
Investors' retail affair continues as yields sharpen
An ongoing investor love affair with Australian retail assets saw more than $8.4 billion traded over the year to September as yields continue to sharpen, the latest research shows.
Industrial vacancy holds steady despite auto shutdown
Melbourne's industrial vacancy rate has inched up slightly ahead of the looming shut down of the automotive industry but the outlook is not as gloomy as expected.
Ardent Leisure under pressure, set for further losses
Investors continue to sell down the share price of Ardent Leisure, the embattled owner of the Dreamworld theme park, which is set for further losses.
Banks destroy 1.6 million paper land titles in digital push
Australia's big four banks have quietly destroyed all paper land titles they hold for 1.6 million Victorian mortgagees.
New plans for Burnham Beeches
Celebrity chef Shannon Bennett has drastically scaled back plans for the Burnham Beeches hospitality venture in the Dandenongs.
Prime Malvern shop sells for $710,000 above reserve
A prime Malvern shop in the Glenferrie Road shopping precinct has sold for $3.21 million under the hammer, $710,000 above the reserve price.
Bankstown site offers strong income return
A block of 38 apartments in the South West Sydney Growth Corridor at 12 Weigand Avenue, is expected to sell for $13 million-plus.
Google extends office lease at GPT Workplace 6
Internet giant Google has extended its lease at GPT Group's Workplace 6 site in Pyrmont, Sydney, as it works towards the construction of a new, bigger location.
Ardent profits seen plunging amid questions over Dreamworld's future
Ardent Leisure shares have again been sold down by nervous investors as they try and assess the future structure of the group as it prepares to move more of its focus to the Main Event business in the United States.
The Future Fund's big property switch
The $120 billion Future Fund nailed its timing around the reduction of some key listed property exposures in 2015-16.
Gina Rinehart tightens grip on Kidman cattle empire after all-Aussie rival bidders pull out
Gina Rinehart is all but assured of taking over the Kidman land and cattle empire after a rival pulled its offer.
Sydney hotel sector in expansion mode
Sydney is set to expand its hotel offerings with two new development sites being unveiled at time when the sector is on the cusp of major growth in demand.
REITs pass first quarter results test
The report cards for the first quarter of the current financial year have been issued and by all accounts the real estate investment trusts all received a gold star.
Strata office demand rises as supply declines
The inner city areas of Sydney have seen a 40 per cent drop this year in commercial property stock available for sale, according to agency DB Property.
Small Business
Surprising management reason to admire FBI boss
Just wait until you hear his ideas about management.
Home businesses don't need to fail
Suburban co-working spaces and networks need to be encouraged by local councils.