Primewest joins bid for Masters properties
The consortium which paid $830 million to Woolworths for its Masters properties has joined forces with property investment and management group Primewest.
Property
For $22 million, Goodman boss must be better than good
Shareholders in $11.5 billion commercial property company, Goodman Group, must this week be wondering just how good its chief executive Greg Goodman is.
Pubs are the hot ticket in town
Listed Lantern Hotels Group has raised a further $56.5 million from the sale of two more pubs as it continues with its asset sale program.
Intergen Property Group launches into funds management
A new $200 million wholesale property fund has been launched by the Intergen Property Group, with a focus in value-add investments in the retail sector.
Bouche sharpens Sydney’s appetite for retail assets
The run-up to the end of the year has been one of the busiest for many years, according to agents.
Monster 34-level tower mooted for Moonee Ponds
A proposed Moonee Ponds apartment tower rising 34 levels – a height which would have made it Melbourne's tallest suburban skyscraper three years ago – is set to be decided by the Victorian Civil and Administrative Tribunal, after being rejected by the local council.
Property sector readies for a Trumpnado/Bondcano
The election of Donald Trump as the President of the United States has put the investment property sector on standby for a period of instability.
Millennials shaping the future of real estate
Millennials are getting a bad wrap.
DEXUS pays $110m for The Mill
DEXUS Property has paid $110 million for The Mill, a mixed use site at 41-43 Bourke Road, Alexandria.
Saving Investa was one tough battle, says 'Mr Fixit' Scott MacDonald
The battle for control of the Investa property platform was one of the longest in the real estate investment trust sector, having started a long time before its hit the headlines.
Leasing Ladder
INGLEBURN $110 SQM NET
Affordable housing should come from a carrot not a stick
With Sydney's housing now among the most expensive in the world, governments are under pressure to do something to help those at the affordable end.
Modern and modest: church gets new hall
St Mary's Catholic Church in Manning Road, East Malvern includes a number of significant buildings.
Ardent Leisure to update Dreamworld future this week
The fate of the Dreamworld theme park will become clearer this week as the owner, Ardent Leisure work towards a re-opening in the lead-up to the vital holiday season.
Solomon Lew snaps up St Kilda Road office for $55m
Retail billionaire Solomon Lew has pounced on a vacant 8-level St Kilda Road office building, paying $55 million to beat off developers on one of Melbourne's premier leafy boulevards.
Record yield for Coburg supermarket
Coles property development arm has reaped $38 million from the sale of the Coburg North Village shopping centre in a deal reflecting a record low 4.94 per cent yield.
Investors battle it out for key assets
A flurry of sales and property listings are dominating the property sector as investors organise their portfolios in the lead-up to the end of the year.
Subdued debut for Charter Hall Long WALE trust
Charter Hall Long WALE REIT had a subdued debut on the first day of trade
Fast-food giants flee Swanston Street ahead of Metro Rail project
Fast food chains McDonald's, Hungry Jacks, KFC and Starbucks and banking giant CBA will be forced out of their prime, high-trading Swanston Street stores to make way for the government's $10.9 billion Melbourne Metro Rail project.
Chinese buyer signals Melbourne B-grade rush
A Chinese investor has snapped up a B-grade office in Melbourne's Elizabeth Street for more than $75 million, in a deal that may foreshadow a future development play in the rapidly evolving precinct.
Zig Inge makes hay at Botanicca
Aged care operator turned property investor, the Zig Inge Group, has off-loaded an office building at the Botanicca Business Park in Richmond.
Eastern suburbs whip up real estate storm
Melbourne's eastern suburbs are at the centre of a perfect real estate storm. A prime corner , double-storey office and retail complex at 417 Whitehorse Road has revealed buyer demand for passively leased investments.
REA listings hit by property market stagnation
Listed property site REA Group has increased earnings in the first quarter of the financial year, despite a drop in the number of properties for sale, particularly in Sydney and Melbourne.
Rich-listers snare prime Masters sites for homemaker centres
Two BRW rich-listers behind the Masters property buyout have secured exclusive rights to the defunct hardware chain's development sites and plan to begin building homemaker centres on them next May.
Rosebery development site has $100m price tag
The privately-owned Rosebery Properties and Filetron, a company run by Ben Cottle, is selling three separate lots of land with a value of more than $100 million in Rosebery – an area undergoing rapid transformation from industrial to residential.
Goodman Group pursues $1b in urban renewal sales
Industrial property developer and investor, Goodman Group will settle up to $1 billion in urban renewal sales in the coming year as it moves to recycle cash to its overseas developments while releasing much-needed land into Australia.
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.
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.
Small Business
Help, will the ATO catch my husband out?
The ATO is cracking down on family members posting at associates rather than employees.
'Summerpreneurs' cash in on bright spot in calendar
The warmer months are coming and so are these white hot ventures.