Goodman CEO's $16m bonus raises investor ire
Shareholders in Goodman Group have shown their disapproval at chief executive Greg Goodman's pay and bonus, with 40 per cent voting against the commercial property group's remuneration report.
Carolyn Cummins is Commercial Property Editor for The Sydney Morning Herald.
Shareholders in Goodman Group have shown their disapproval at chief executive Greg Goodman's pay and bonus, with 40 per cent voting against the commercial property group's remuneration report.
With the swag of new international labels, Sydney's Pitt Street Mall and Melbourne's Bourke Street Mall have cemented their places as some of the most expensive locations in the world to rent a store.
Charter Hall's Prime Office Fund has signed global law firm Clyde & Co as a key anchor tenant at its 333 George Street development in Sydney's CBD.
Retail giant Amazon is expected to use the changes to the goods and services tax, slated for July 2017, as the catalyst for the start of its physical presence entry into Australia, according to analysts.
Folkestone Group is to take advantage of the booming Sydney hotel market with the launch of a new hotel fund, to raise about $22.5 million of third party capital, to develop a 142-room property in South Sydney.
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.
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.
The run-up to the end of the year has been one of the busiest for many years, according to agents.
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 are getting a bad wrap.
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