Australian property 'cheap' for Chinese buyers
Australia's property market is booming but in the eyes of foreign buyers it is still relatively cheap, and a new Credit Suisse report shows demand remains strong.
Property
Stamp duty changes will drive away investors, says Charter Keck
Changes to Victoria's stamp duty rules will add up to $29,000 to the cost of an inner-city apartment for investors and undermine future new housing development, analysis by Charter Keck Cramer suggests.
UniLodge forced to pay $90,000 for 'false and misleading' claims
One of Australia's largest student accommodation providers has been been forced to pay almost $90,000 after making false and misleading claims to students and failing to put their rental bonds in a trust.
Amazon arrival sparks demand for industrial assets
The pending arrival of the global Amazon group has sparked a rise in demand for industrial property, according to agents.
Receivers sell central Geelong medical centre for $20m
Receivers for the bank that financed Singapore's International Healthway Corporation's $28 million purchase of the Geelong Private Medical Centre three years ago have sold the regional property for a speculated $20 million.
Boutique sized offices in high demand
Sydney's tightening office market has led tenants to seek smaller premises to get a foothold in the city, according to agents.
Dexus Property rebrands
Dexus Property has undergone a rebrand to "lift awareness, shift conversation and enhance value".
Office facilities are so much more than a desk
Office towers are not just a place to work. They must offer so much more, not only to attract staff but to keep them.
North Sydney returning to its glory days
It's been a long time coming, but North Sydney is back on the rise thanks to some flagship arrivals.
Make Good – The Gathering Storm
Make Good is a tenant's obligation to return their premises to a particular condition defined in their lease – costs can be high, but tenants can reduce their liability.
Leasing Ladder
CHATSWOOD $210 sqm gross. Freelease Copiers has leased a 573 sqm site at unit 6/19-21 Gibbes Street from Mansell Investments P/L. The lease term is three years plus a three year option. Hugh Anderson, Sutton Anderson.
New York style office arrives in Melbourne's Oliver Lane
Comparing cities, such as Melbourne to New York often appears odd. However, visiting SJB's new office has a sense of the New York loft.
Former PM Keating turns property financier
Former prime minister Paul Keating has taken a financial stake and board position at property financiers MaxCap, a group leading the charge on super funds investing in lucrative commercial real estate lending.
Scanlan & Theodore owner buys store in Brighton
Upmarket fashion retailer Scanlan & Theodore looks set to open a large store in Church Street Brighton after buying a double fronted shop for $8.37 million.
LOGOS Property ink $60m industrial land deal
LOGOS Property has increased its footprint in the industrial property space with two new sites that have an end development value of about $60 million.
Premier Investments says retail rents too high in apparel sector
Premier Investments says high rents in the apparel sector must come down to reflect the challenges weighing on this retail segment.
Rents rise as vacancies reach historic low
Melbourne's vacancy rate tumbled to its lowest point in nearly 10 years even as regulators try to stem the pace of new residential development.
Folkestone, Villa World on expansion path
Investors are being tapped for about $40 million with the launch of a new fund by Folkestone and a capital raising by Villa World.
Developers hunker as banks turn off dollar tap
Developers are hunkering down as the housing sector faces a tsunami of warnings from regulators and banks.
Hawthorn serviced apartments sell for $15m
A serviced apartment in Hawthorn has sold for $15 million to a first-time Chinese investor, underpinning continued offshore demand for commercial property.
Mont Albert's commercial values jump 35% over 15 months
A local investor has reaped a 35 per cent increase on two shops bought 15 months ago. The identical shops at 2A and 2B Milne Road transacted for $800,000 in late 2015 and sold again last week for $1.08 million.
Costco's South Australian booze battle continues
Retail giant slams "slow process" to get SA liquor licence.
Fed rate rise boosts Australian property interest
Australian property is expected to be a beneficiary of the lower for longer global interest rate environment as investor seek out stable, safe haven that bricks and mortar offe
Society restaurant building sells for $8m
The Bourke Street home of Society restaurant, in its heyday one of Melbourne's best eateries, has sold for $8.07 million.
Regional supermarket yields sharpen
Retail assets in Victoria have continued to strengthen with an IGA supermarket in Stawell changing hands for $5.11 million.
Super and pension funds fill commercial property void
One of the country's biggest superannuation funds, Australian Super, is poised to intervene in the Australian property market, with more than $100 million allocated to fund individual projects.
Big gun malls in the billion-dollar sales club
Big gun shopping centres are now turning over an average $1 billion-plus in annual sales, putting paid to any concern than they are not relevant to consumers.
Investor pays $4.5m for KFC Tamworth
A Melbourne-based private investor has snapped up an existing KFC restaurant site in Tamworth for $4.47 million, reflecting a yield of 5.1 per cent.
Bernard's Magic Shop disappears as a bricks-and-mortar retailer
Bernard's Magic Shop has performed its most astonishing act – disappearing, on its 80th year anniversary.
Size no barrier for hole-in-the-wall coffee outlets
Small is beautiful for an increasing number of coffee purveyors converting unloved city spaces into thriving hole-in-the-wall cafes.
Small Business
How McKelvey's side hustle became co-working giant WeWork
Co-working grows up as WeWork launches in Australia.
Revealing small business tax debts to credit agencies a major win
The plan to release this data is a huge win for businesses that do the right thing and pay their bills.