Home owners in limbo after collapse of Watersun
Home owners caught up in the Watersun Homes collapse say they have been left with homes so faulty or incomplete that other builders have refused to work on them.
Property
Mantra Group share surge as hotel sector booms
Mantra hotel group has seen its shares surge 12.6 per cent, amid a fresh round of takeover speculation.
Sub-$500,000 properties in demand with investors, owner-occupiers
A strata titled warehouse sold within a week of hitting the market for $480,000, a rate of $2000 per sq m.
Stock-starved apartment builders boost value of tired office sites
A Chinese apartment builder is paying just over $8.5 million for a tired low-rise office at one of Melbourne's most valuable intersections, following an off-market negotiation.
Leasing deals doubled as government settles in
New leasing deals signed by the state and federal governments have underpinned a surge in office deals in Melbourne's CBD in the past year. Preliminary figures, released by Savills Australia, show more than double the amount of office space was leased in the 12 months to March, totalling 569,810 square metres.
$US1.7 trillion set to enter global real estate
The stronger economic growth, forecast for the coming year and the availability of debt capital are expected to drive global capital flows in 2017, with US$1.7 trillion of ''dry powder'' available to deploy in real estate this year, according to the CBRE Global Investor Intentions Survey 2017.
$700m energy from waste facility at Eastern Creek goes to PAC
Dial A Dump Industries has progressed with its $700 million energy from waste facility at Eastern Creek industrial park, with the lodgement of a submission for approval to the Planning Assessment Commission NSW.
Artbank takes stake in Collingwood
Government artworks lending agency Artbank will shift from leafy Armadale to gritty Collingwood in a move that will increase its space and save on rental costs.
Logos buys logistics hub for $27m
The acquisitive Macquarie Capital-backed Logos has added to its industrial portfolio with the purchase of a prime logistics facility leased to Toll Transport in Altona North.
Hundreds of property owners remain in the lurch after Watersun Homes collapse
Hundreds of property owners who signed up with failed construction company Watersun Homes remain without a builder to complete their homes.
Mantra shares surge on takeover chatter
Mantra Group's shares were the stock market's biggest gainer on Tuesday, surging 9 per cent amid a fresh round of takeover speculation.
Theosophists see spirits in market
The Melbourne Theosophical Society has moved to put its landmark Russell Street building on the market.
Shops and malls are working harder for the retail dollar
Volatility at the petrol pump has emerged as a major area of concern for shopping centre managers, due to the wild fluctuations in price over recent months.
House prices jump 3.7% since start of year
Home prices in Australia's five biggest cities have jumped 3.7 per cent since the start of this year.
Gina Rinehart joins investors on hunt for $200m in rural assets
Investors including Gina Rinehart are expected to cast a ruler over the AgCAP Sustainable Agriculture Fund, which comprises 17 farms across the country, valued at between $180 million to $200 million.
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.
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.
Small Business
10 tips for young entrepreneurs
The best entrepreneurs ask for help, and support from friends and family.
Meet the business raising penalty rates
Many small businesses are no longer offering staff more money to work weekends. Not this one.