Supermarket giant Kaufland may struggle to find sites
German supermarket giant Kaufland has put out a call for land or existing developments for its "ambitious" expansion plans in Australia, but it may struggle to find suitable large sites.
Property
Aged care entrepreneur buying burnt down pub site
Seven years since it was ravaged by fire – which was a month after the local council permitted it for redevelopment – the enormous waterfront parcel regarded as Phillip Island's best site is finding its way into the hands of a new owner.
Australia seen as safe haven for investors
Demand for high quality, stable markets across Australia will keep the overseas cash coming in as investors steer of volatility elsewhere in the world.
Owners paying premiums to squeeze out developers in the suburbs
Bidding wars between owner occupiers and developers are resulting in big premiums for suburban properties, from Abbotsford to Doncaster and Box Hill.
Kingsmede divides and conquers at Padstow
Property owners are now embracing new strategies to lease sites when faced with tenants in trouble to ensure the financial stability of the assets.
Basement retail a hot ticket
Retail basements are in hot demand, with the site at 53 Martin Place, occupied by Barrio Cellar, now on the market with price indications of more than $5 million.
Belgrave Group wins tender for $100 million+ Mt Hotham landmark
The state government has selected Richmond developer Ben Genser from a shortlist which also included Rino Grollo, to develop what was marketed as "the most significant site ever offered in the Australian alps".
Starter pistol sounded for sport retailing expansion
Sports retailers have donned their running shoes and are in a race to find new sites across the country to take advantage of the healthy lifestyle of Australians.
Kathmandu packs power into sustainable design
Kathmandu's newly-finished 25,000 square metre distribution centre is unusual in two respects, its sustainable design and its automated picking and packing technology.
Building big sheds to withstand extreme weather events
Storm events and global warming have prompted significant changes in industrial warehouse designs, particularly in the wake of a recent hail events in Sydney that caused multi-million dollars in damage.
Airbnb mulling expansion in long-term home rentals: sources
Airbnb is considering an expansion in the long-term rental business, sources say.
Amazon entry to impact retail trusts, warns Moody's Investor Services
The entry of online giant Amazon will have a big impact on retail-focused Australian real estate investment trusts over the medium term and could force more into administration, according to ratings agency Moody's Investor Services.
Making art out of a university building
An extraordinary new seven-storey building at Melbourne University literally shows how architecture can deliver joy as well as functionality.
Leasing Ladder
NORTH SYDNEY $575 sqm gross.
Housing affordability gets to top of new Premier’s agenda
NSW Premier Gladys Berejiklian should be applauded for placing housing affordability at the top of her agenda for the future direction of Sydney and New South Wales.
Holiday Inn opens new Sydney hotel
The InterContinental Hotel Group is expanding its footprint with a new Holiday Inn planned in Sydney's Chinatown.
Investors plough more than $500m into office assets
Investors are seeking a foothold into the booming Sydney office market with new assets worth more than $500 million up for grabs as the owners take advantage of the high demand.
Suburban development sites continue to attract a premium
One developer has paid $3 million for a site with a permit at 21-23 Norwood Crescent in a private sale.
Amazon hunting its Australian launch pads
Amazon has made its first official step towards its entry to the Australian market with the appointment of agents, understood to be CBRE, to look for distribution sites, that will be the hub for its business across the country.
Retail centre on sale at Chipping Norton
Demand for suburban shopping centres is gathering pace as investors scramble to get a foothold into higher-yielding assets at a time when interest rates remain at a record low.
Kidman Station crowdfunding adviser runs foul of ASIC
A financial adviser who took on mining magnate Gina Rinehart by campaigning for a crowd-funded bid for the buyout of Kidman Station has run afoul of the corporate watchdog for alleged misrepresentations.
Sydney rents rise as hailstorms bend roofs
Rents across Sydney are rising with the same ferocity as the recent spate of hailstorms, that cut a swathe across western and Northern suburbs, have caused havoc with many office and industrial properties needing to be evacuated
Royal Arcade retail on Bourke St Mall comes to market
It's the holy grail of Melbourne retail. A coveted shop in the Royal Arcade with an entrance to the Bourke Street Mall is on sale. But it carries a hefty price tag of more than $30 million.
APRA fires warning shot over commercial property lending
Australia's banking watchdog has flagged concerns about commercial property lending, sounding a warning about falling lending standards at domestic and foreign banks.
Ardent theme park visitors down 34% last month, but numbers improving
Visitors are slowly returning to Ardent Leisure's theme parks after four people died on Dreamworld's Thunder River Rapids ride in October, but revenue is still down.
Freeman family lists Yarra Valley gateway site
A consortium including wealthy private investors Joel Freeman and his son, Jeremy, are offloading a major infill development site at the gateway of the Yarra Valley Wine region.
Singaporeans buy Hilton South Wharf Hotel
Singapore-based investors have snapped up the 396-room Hilton South Wharf hotel in Melbourne for $230 million in the biggest hotel deal so far this year.
Queen Vic revamp at risk, says Doyle
A $650 million revamp of Melbourne's popular Queen Victoria Market is "at risk" because the state government hasn't approved key planning guidelines covering its development, Melbourne's Lord Mayor says.
Trouble in Toorak: Trader forced to fly back from Paris to fight tax bill in person
The former owner of a Toorak house with reportedly one of the highest ever sale prices for the suburb has been forced by the court to return home from Paris to fight his tax battle.
Goodbye Willoughby: Nine announces new home
Commercial broadcaster Nine Entertainment has a new address after announcing it would end its 50-year stay at Willoughby.
Small Business
Never lose your glasses again
Entrepreneur Allen Liao launches his 'unlosable' glasses in Sydney backed by actor/comedian Stephen Fry.
Self-employment should be mandatory learning
Why basic business learning should be mandatory at schools and in higher education.