Chinese property heavyweight in billion-dollar buy-up
Chinese property heavyweight Dahua Group has outmuscled local developers to snap up a billion-dollar land pipeline.
Chinese property heavyweight Dahua Group has outmuscled local developers to snap up a billion-dollar land pipeline.
The Uniting Church is poised to sell up to 65 properties worth around $80 million as part of a $1 billion development program.
Beijing-based developer Holder East has snapped up a vacant King Street block before it sold at auction, to add to a development site next door.
Vendors are signing real estate agency agreements that read as if the agents are doing a massive personal favour listing the property. And this when most properties in the hotter markets are close to selling themselves.
Housing markets will retain their buoyancy for at least another year, but concerns of price bubbles loom large, according to the latest Australian Property Institute's Property Directions Survey.
A spike in demand for retail space in Flinders Lane has driven up rents and pushed retailers into upstairs premises where they are competing with IT and professional consulting firms for space.
Tough auction tactics failed to deter a keen buyer chasing a modern shopfront property. A competitor tried to knock them out with $20,000 bids.
Robots are the latest retail "disrupter" as they head to a shopping centre near you to offer advice, assistance and some entertainment.
The privately-run Alfasi steel construction and equipment hire group will re-boot its property development arm using a site it purchased in one of Melbourne's hottest property sectors for more than $24 million.
Pub tsar Justin Hemmes has snapped up the Tennyson Hotel in Sydney's Botany Road, Mascot for $37.5 million - a record price for a hotel sale at a public auction.
The total value of apartment site deals around Australia suffered a steep 25 per cent decline in the year ending June 2016, according to research by Knight Frank.
Melbourne Airport has successfully fought off a bid to build an Islamic school for 700 students under the flight path of its northern runway.
Investors are scouring the inner west suburbs of Sydney to grab a piece of land for development in a market where stock levels are tightening, according to agents.
It was a frenzy of online shopping last weekend as Australian shoppers embraced the US tradition known as Black Friday and Cyber Monday.
A prominent Clovelly freehold building at 338-342 Clovelly Road, directly opposite the Clovelly Hotel, has been bought by a private investor and owner-occupier for $2.92 million.
One of the lead advisers to real estate group McGrath's float, Bell Potter, has taken the knife to its earnings forecasts and price target for the stock for the third time since its disappointing December 2015 listing.
Linfox Property Group, a division of the company established 60 years ago by soon to be octogenarian, Lindsay Fox, is seeking to substantially boost the value of its former 493 St Kilda Road headquarters, by replacing the modest office on the site, with a high density apartment complex.
The "will they, won't they" move on Investa Office Fund by its largest shareholder, Cromwell Corp, has thrown the spotlight on to the real estate investment trust sector, prompting speculation of a fresh round of mergers and acquisition activity in the coming year.
Leading developers, construction companies and architectural firms like Turner are fully committed to innovative and sustainable design outcomes.
ALEXANDRIA $190.68 sq m gross.
The restaurant Hunter & Barrel at Eastland Town Square, Ringwood, was close to being named Meat & Beer by its owners, who also operate The Meat & Wine Company and Ribs & Burgers restaurants.
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.
If you're limping towards the end of the year it pays to know when everyday pressures turn into something more sinister.
Running a business out of home gives Christy Hind flexibility that most working parents could only dream of.
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