Business

Property

Developer Intrapac has purchased part of Aspendale's Rossdale Golf Club.

Chinese developer buying hilltop site for more than $20m

An elevated Wheelers Hill super-site until recently occupied by the Sage Institute of Fitness, which went into voluntary administration last week, has sold to a China based builder for a speculated price of more than $20 million.

DEXUS Property Group, which is behind the Gateway retail space at Circular Quay, said it was delivering growth in its ...

Office markets underpin DEXUS result

DEXUS Property group chief executive Darren Steinberg has attributed a fall in distributions to investors at the diversified property group on lower revaluations and lumpy trading profits from the property sales.

GPT Group has bought a site on the corner of Smith and Phillip streets in the heart of Parramatta's CBD, for $31.2 million.

GPT Group expands footprint in Parramatta

GPT Group, one of the country's largest diversified real estate investment trusts, has expanded its presence in the booming Sydney western suburbs with the purchase of a site in the heart of Parramatta's CBD for $31.2 million.

Hungry Jack's will expand in Melbourne.

McDonald's moves to Bourke Street

Fast food giant McDonald's will open a corner store on Bourke and Russell streets after being told its high-trading Swanston Street venue will be compulsorily acquired for the $10.9 billion Metro Rail project.

An artist impression of what UEM Sunrise's Aurora 92-storey mixed use tower in the Melbourne CBD will look like.

Aurora strata office achieves peak prices

Sales of strata office at UEM Sunrise's $350 million Aurora Melbourne Central project are reaching $10,350 a square metre as demand intensifies for the niche investment class.

Brad Krauskopf, founder of Hub Australia, says most of his customes are small businesses and freelancers.

Co-working space grows 35% in year

The volume of co-working space in Melbourne grew 35 per cent in the past year as new operators providing the trendy informal work areas poured into the city and surrounds.

Charter Hall's new office in Wellington Road, Mulgrave, was designed by Gray Puksand.

Charter Hall updates ice cream building

Peters Ice Cream had been operating in Wellington Road, Mulgrave, for decades. Its former headquarters, a classic 1960s office building, with its sinuous roofline and waffle-style facade is now "hip" decades later.

A proposed development to be built at 72-76 Batesford Road, Chadstone.

British GSA buys another site at the top of town

British student accommodation provider GSA is quietly purchasing another Melbourne property at the top of town, near the Haymarket roundabout and several higher education institutions.

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