Ardent Leisure raises $126m from sale of d'Albora Marinas
The reopening of the Dreamworld theme park on the Gold Coast, called "Open Hearts-Open Doors" on the weekend helped raise $157,225, which will be given to the Red Cross.
Property
Dreamworld to reopen with 'respectful' weekend focusing on families
Dreamworld and WhiteWater World theme parks on the Gold Coast will throw open their doors on Saturday following the tragic accident on October 25.
Shopping centres of the future not far away
Shopping malls will be front and centre for the next two weeks as shoppers head in for the festive season.
Simple, gallery-like fit-out showcases Japanese culture
A slither of Japanese culture has arrived in Toorak Road, South Yarra. Monolab, a Japanese gallery-like store, showcases the work of artisans and manufacturers working in a number of regions throughout Japan.
ANZ hikes interest rates for property investors
ANZ Bank has followed rivals in pushing up variable interest rates for property investors, blaming higher funding costs and its obligations to regulators.
Putting on the Ritz-Carlton: The Star heralds return of luxury hotel
The Sydney skyline is set to be transformed with the development of the new $500 million Ritz-Carlton hotel, including apartments and an updated restaurant strip at Pyrmont, as part of the Star Entertainment group's renovation of the city's main casino as it prepares to take on James Packer's Crown resort at Barangaroo.
DEXUS looks to sustainable industrial buildings to reduce costs
Large industrial tenants are moving away from sourcing their distribution centres through third party logistics companies and are instead investing in automation and sustainable building features, DEXUS executives say.
Bill Lewski and the misplaced $77 million
Melbourne businessman Bill Lewski can't recall where $77 million of investors money paid to him by way of a listing fee for since collapsed Prime Trust ended up, a court has heard.
Pask buying Rowville golf course from LaManna family
Queensland's fourth richest person, BRW Rich Lister Neville Pask, is paying local businessman Vince LaManna a speculated price in excess of $60 million for Rowville's prominent Kingston Links golf course, which is now mooted to become a billion dollar housing estate.
Deals and Deeds
Alexandria $14.5 million
ICC is built and events are on their way
Selling Sydney as a business destination with a major venue under construction has been challenging… but that's about to change.
North Shore office sector taking on its rivals
At the end of busy year, the north shore of Sydney has emerged as one of the fastest growing for office developments as its gives its Parramatta counterpart a run for its money.
NAB makes its move to $1.7b Wynyard Place
In one of the biggest upheavals in its history, the National Australia Bank is moving its Sydney headquarters to the new $1.7 billion Wynyard Place, while also taking up a lease at Parramatta to cement its presence in the western suburbs.
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.
Uniting Church's $1 billion development plan
The Uniting Church is poised to sell up to 65 properties worth around $80 million as part of a $1 billion development program.
Developer pays $6m to unite West Melbourne blocks
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.
In a sellers' market, why are vendors being contract mugs?
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 to remain strong, but the bubble is inflating
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.
Retailers settling in upstairs spaces as Flinders Lane rents spike
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 tactic, $20,000 bids, don't deter keen buyer
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 to make shopping easier
Robots are the latest retail "disrupter" as they head to a shopping centre near you to offer advice, assistance and some entertainment.
Alfasi reboots property arm with $24m Richmond purchase
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.
Hemmes snaps up Sydney pub for record $37.5m
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.
Apartment site sales decline around Australia
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 says no to Islamic school near runway
Melbourne Airport has successfully fought off a bid to build an Islamic school for 700 students under the flight path of its northern runway.
Demand strong for tight inner west market
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.
Cyber Monday sets new click frenzy record
It was a frenzy of online shopping last weekend as Australian shoppers embraced the US tradition known as Black Friday and Cyber Monday.
Clovelly asset breaks local records
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.
Float adviser cuts McGrath earnings, price outlook again
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 to replace 493 St Kilda Road with 20-level apartment complex
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.
Small Business
Private jet startup claims to raise $105 million
JetSmarter operates an Uber-like network that connects travelers to empty seats on chartered planes.
Why you can ditch the to-do list
Focusing on everyday tasks will hinder your business in the long run.