Business

Carolyn Cummins

Carolyn Cummins is Commercial Property Editor for The Sydney Morning Herald.

Pedestrians walk past a Black Friday sale advertisement in Sydney.

Black Friday and Cyber Monday keep tills ringing

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.

The Rialto Melbourne has engaged Equiem to connect its tenants through technology.

Equiem digital platform connecting tenants

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.

John McGrath listens to chairman Cass O'Connor at the McGrath AGM in Sydney.

John McGrath shares property 'pain'

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".