Abacus, KKR and Riverlee Group sell World Trade Centre in Melbourne
One of the world's largest private equity groups, a wealthy investor and an ASX listed property fund have sold the World Trade Centre in Melbourne for $267.5 million.
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Simon Johanson
Property Editor at The Age and BusinessDay journalist for Fairfax's theage.com.au, smh.com.au, watoday.com.au and brisbanetimes.com.au.
Rag & Bone latest international retailer to land in Australia
New York fashion label Rag & Bone is the latest boutique designer to hit Australia's shores where it will open a store next month in Melbourne's The Strand arcade.
Funds swoop on suburban offices and warehouse
Fund managers have snapped up two Melbourne properties paying more than $20 million each in separate deals for an Abbotsford office and office-warehouse in Clayton.
Suburban office market stirred by sales
Perth-based syndicator Property Bank is preparing to recycle two Melbourne office assets after successfully offloading a suburban building last year for $23.5 million at a peak point in the property cycle.
Will home prices crash in 2017? The economists' verdict
Australia's property prices are likely to keep rising this year before slowly losing momentum and going backwards.
High society restaurant for sale in Bourke Street
The Bourke Street home of Society restaurant, in its heyday one of Melbourne's best eateries, is about to hit the market with an asking price of about $8 million.
Taxpayers recoup $1.18m from $1.1b East West Link mess
This cute Victorian-style cottage represents the final chapter in a messy political brawl that cost taxpayers $1.1 billion.
Cleanaway sell tip sites in west for $22m
Waste management giant Cleanaway has sold two landfill sites in Melbourne's west for up to $22 million.
Trump travel ban causes business chaos
Companies were left scrambling to cope with the fallout from President Trump's executive order barring citizens from seven countries entering the US as Australian business leaders called on the Turnbull government to help clarify its impact.
Fast food giants fighting for CBD real estate
Fast food restaurant Hungry Jacks will open another city store in Elizabeth Street after two of its Swanston Street stores were earmarked for demolition.
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