Office development underpins 12% Lendlease profit rise
Global construction and infrastructure group Lendlease will look to its construction and development pipleline for growth in the coming year, boosted by the strong office leasing markets.
Property
Investors losing patience as $2.7b deal drags
Investors are losing patience with Cromwell in its battle for control of the $2.7 billion Investa Office Fund, with some saying it its getting to the "unreasonable" level.
South African retailers marching to our shores
Australian retailers are se to face a new entrant with many South African-based brands now discovering that there is a new market near their door step, with a similar climate, time zone and consumer outlook.
Bill shock for landlords as land tax skyrockets
Landlords have been hit by steep land tax increases from soaring property values, in some cases more than doubling tax bills and making investments uneconomic.
Singleton, Dixon call last drinks on investment in Toxteth pub
Business partners and long-time mates, Geoff Dixon and John Singleton, have sold the Toxteth pub to Mitchell Waugh's Public House Management Group, as part of their program to divest the portfolio and reinvest in new ventures.
Charter Hall net profit spikes on fees and valuations
Funds manager Charter Hall Group has posted a bumper 20 per cent increase in net profit to $173.3 million for the first half of the year on the back of increased valuations and management fees.
Impact Investment on the move
One of Australia's most active boutique investment funds has snapped up a Melbourne property just two weeks after it bought a new timber tower in Brisbane from Lendlease.
Landlords and tenants are embracing the new 'placemaker' trends
Office landlords need to offer not just bricks and mortar for tenants, but have a "placemaking" focus, according to agents.
City fringe heats up
A lack of available stock and attractive yields are driving office sales in fringe office markets.
McGrath shares hit as it warns 'challenging' conditions to continue
Shares in listed real estate group McGrath took another hit on Thursday as it warned "challenging" market conditions were likely to continue after reporting a dive in half-year pro-forma profit.
'I'm not going anywhere': Ardent boss vows to rebuild after tragedy
Ardent chief executive Deborah Thomas says she is "not going anywhere" and will work to restore the theme park operator to its former glory after the company sank to a $49.4 million loss for the December half following the fatal accident at its Dreamworld theme park in October.
Double Bay's Cosmopolitan Centre on the market
The well-known gathering spot for Double Bay residents, the Cosmopolitan Centre is being sold, as the owners take advantage of the regeneration of the suburb after it took a hit with the revamp of Westfield Bondi over a decade ago.
Singapore REIT beefs up its Australian industrial portfolio
A Singapore-based REIT with extensive industrial property holdings in Australia has purchased a $22.25 million facility from retirement-focused fund manager Challenger Life.
Investa signals stronger office rents
Investa Office Fund has issued an earnings upgrade for the full-year of 3 per cent, based on improving fundamentals for the national office market.
Citipower spends $23m plus to owner-occupy prime Fishermans Bend site
Citipower has paid commercial real estate agent Michael Donovan more than $23 million for a South Melbourne substation the electricity supplier has leased since 1965.
First on First in Blacktown
An 18-storey, DA approved 160-apartment site in the heart of Blacktown has been listed for joint venture or sale.
The death of the suburban and home office
The growth in medium density housing throughout the Sydney suburban network has all but ended the suburban office.
Leasing Ladder
CROWS NEST $384 sqm gross
Architects branch out with flyover at school
Branch Studio Architects has become the "in-house" architect for Caroline Chisholm College, in Braybrook.
City fringe leasing markets tighten across Melbourne
Leasing activity has stepped up in city fringe markets as vacancy rates tighten across Melbourne.
Retail rout isn't stifling Stockland
Stockland, one of the country's largest home developers, said the strong residential markets along the eastern seaboard, stable retail sales from its tenants and higher office rents going forward, will underpin its growth in the full year.
Rising property market drives Stockland sale surge
Stockland, one of the country's largest home developers, said the strong residential markets along the eastern seaboard, stable retail sales from its tenants and higher office rents going forward, will underpin its growth in the full year.
Another offshore retailer T.J. Maxx arrives down under
US-based retailer T.J. Maxx is set to open its first Australian store adding to an onslaught of global retailers.
Investors eye regional large format retail centre
Boutique fund manager Key Capital will test investor appetite for shopping centres when it offloads its Wangaratta large format retail centre.
InterContinental Sydney gets $200m facelift
The InterContinental Hotel, Sydney is to undergo a $200 million-plus facelift at a time when the hotel sector is on a strong upward trajectory.
Verandah Bar leasehold on the market
One of the city's well-know watering holes, the Verandah Bar's leasehold is on the market with price expectations of about $9 million as the owners take advantage of the strong pub sector.
Melbourne industrial property surges
Melbourne industrial property deals surged to a record $1.92 billion in transactions in 2016, a 15 per cent increase on the previous year.
Collins Street shop sells to Chinese investor for $4.64m
Collins Street shops rarely hit the market, but one sold at auction for $4.64 million on a yield of 3.97 per cent.
Westfield makeovers to shore up Scentre's booming profits
Australia's biggest retail landlord Scentre Group lifted its full year profit 10.4 per cent to $2.99 billion on the back of strong sales, new developments and property revaluations.
Charter Hall Retail REIT looks at capital initiatives
Charter Hall Retail REIT is looking at a range of capital management tools to deploy cash at a time when the supply of regional and neighbourhood centres is tightening.
Small Business
Can I still run my business and get the age pension?
Centrelink rules are changing.
Pitching can be vicious, particularly if you're a woman
Forget Shark Tank, here's Dolphin Tank.