No worries on apartments, industry says
While Brisbane and Melbourne have long been predicted to go into apartment oversupply, developers seem to be responding.
Michael Bleby writes on real estate specialising in construction, infrastructure, architecture. Based in our Melbourne newsroom, Michael has two decades of journalism experience, having worked in the UK, Japan, South Africa and the Middle East.
While Brisbane and Melbourne have long been predicted to go into apartment oversupply, developers seem to be responding.
Office space demand will grow as companies hire more people and more existing stock is taken out of use.
Malaysia's CIMB Bank has made an $8 million profit from the sale of two stakes in closed end Australian office funds.
Housing price growth slowed in the September quarter as unit values in Melbourne and Brisbane hit the brakes.
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Investors aren't as in love with building new apartments as they were with loans for construction and new dwellings falling.
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World-famous architect says "great cities" of the Mediterranean do it and so should Sydney.
Universities own a lot of real estate and property investors see an opportunity.
Private investor Marks Henderson has purchased a renovated two-level office building in Sydney's Surry Hills for $13.1 million.
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A new UNSW study goes some way to explaining the falling proportion of women in construction.
Sydney faces the same challenge as other cities in making the most of scale while preserving character.
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Barcaldine's challenge is one familiar to many regional and remote towns – to stimulate the economy and stay alive.
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