Singo and Geoff Dixon launch sale of prized Sydney pubs
Long time mates and businessmen, John Singleton and Geoff Dixon, are selling off two prized assets.
Long time mates and businessmen, John Singleton and Geoff Dixon, are selling off two prized assets.
The high-rise construction boom that is transforming the skylines of Sydney, Melbourne and Brisbane will probably leave parts of these cities with too many apartments, ANZ Bank chief executive Shayne Elliott predicts.
The ABS data published today is "the clearest sign to date that Australia's high-rise driven dwelling construction boom is starting to turn down", Westpac economist says.
The Investa Commercial Property Fund has cemented its position in the group with the purchase of an 8.94 per cent stake in Investa Office Fund from Post Sale Portfolio Issuer Pty Ltd, a company owned by funds managed by Morgan Stanley Real Estate Investing (MSREI).
The Kornhauser family has sold its South Yarra office building to a Chinese developer for $5.5 million at a hotly contested auction.
The Hyatt Regency Sydney is the latest hotel to open its doors at a time when the sector is in the throes of a large development phase.
Melbourne's office market is forecast to grow at a faster rate than Sydney's over the next five years, bringing the two city's office sectors to a near-even size within four years.
US-based oil company ExxonMobil is believed to be close to signing a lease for up to 8000 square metres of space in Mirvac's new Docklands office building at 664 Collins Street.
Listed Singaporean property player Lian Beng has pounced on another office tower for $51.5 million as it builds its Melbourne portfolio.
Investors are set to spend more than $1.3 billion in office assets in coming months, which agents say will see the busiest start to a new year for some time.
Construction on the Ballarat Railway Precinct will begin by mid to late 2017 after the state government unveiled the consortium which will take control of the $44 million project.
The last of 25 offices in Richmond's newest boutique development The Ternary sold before auction for $1.62 million on a yield of 5.06 per cent.
AMP Capital is set to expand the mixed-use development pipeline across its $21 billion property platform.
Consumers across the world have pumped more than $US6 billion ($A8b) into the retail sector, of which Australia played its part, during the frenzied shopping days known as Black Friday and extending into Cyber Monday.
With less than five weeks to go, its starting to feel a lot like Christmas.
Spencer Street is set to become the crime fighting centre of Melbourne with the state government agreeing leasing terms for a major new office tower next to the current City West police headquarters.
The 'spring-selling' season has seen a defiant return of Chinese buyers, who are sidestepping lending restrictions and found new avenues to re-enter the market.
Interests associated with logistics giant Secon have taken advantage of an upcoming significant land rezoning, selling an Altona North factory occupied by the company for about $50 million.
After spending five years, and a reported $25 million, amalgamating eight South Yarra sites, aged care developer John Matthies has decided to sell - his unique and enormous offering including the flamboyant mansion trashed at the end of 1993 movie, Romper Stomper.
A wave of new hotel development is set to change the landscape of the Sydney market, with the opening of the International Convention Centre considered the catalyst.
Real estate fund manager EG Funds Management has sold 92 Pitt St, Sydney, to the private City Freeholds group
Connectivity between tenants and a building's services is providing landlords with a potential lift in capital value as more of the property is generating income, according to the Equiem digital group.
It's hard to believe that in less than four days, the largest ever reform to NSW strata laws will come into effect. The NSW Government has been talking change for five years, but finally, after a few false starts, reform is happening.
Landlords are writing online retail turnover into new leases in a bid to claw back rents lost to digital sales.
A swag of city-based bank branches are in the middle of a grand game of musical chairs as leasing deals struck up to ten years ago expire.
Charter Hall Group is launching its fourth Direct Industrial Fund, valued at $400 million, with assets across the country, to take advantage of the demand for the sector.
Owners of a local plumbing supply business have banked more than $13 million selling a Coburg retail asset after obtaining a permit to replace it with a six-level complex with shops, offices and 129 dwellings.
NORTH SYDNEY $449.35 sq m net.
The former Olympic Swimming Pool designed by Kevin Borland, Peter McIntyre and John and Phyllis Murphy, has been a cornerstone building since it was designed for the 1956 Summer Olympics in Melbourne.
A defiant John McGrath, dubbed "'Mr Sydney real estate'', has vowed to stick with the company for the duration, while telling shareholders he "shares their pain".
If you're going to apply strong chemicals near your eyes do your research first.
There is only one only time that using a company can reduce the tax paid by individuals.
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