The buying frenzy comes at a time when home prices in Hong Kong have reached record highs.
The value of its orchards have climbed steeply over the past year.
A local real estate agent paid between $3m and $4m and is expected to land bank the proprt…
It is one of the biggest deals in Melbourne's commercial property market in the past year.
These advertisements will make you look twice.
The BRW rich-lister has acquired his first Victorian farm after paying more than $10 milli…
A mainland Chinese investor has snapped up a new Bunnings Warehouse in Yarrawonga in regional Victoria for $11.5 million…
At first, the nudists warmly welcomed a clothed journalist to their winter holiday hot spo…
There is a long list of key retailers on the city's main shopping core, Swanston Street, displaced by the multi-billion rail project.
The 4.5-star hotel is expected to fetch about $30 million.
It's carving a niche for itself, somewhere between Airbnb and serviced apartments, which other operators won't touch.
The hefty revaluation underscores the investment rationale for the growing host of Asian institutional investors.
The deal reflects a handsome capital gain for the Perth-based investment group Evergreen Nominees that paid $5.9 million for 102 Albert Road in 1995.
But room rates fell sharply in Perth and Brisbane, while Adelaide hotels saw a flat performance, highlighting a two-paced market across the country.