More borrowers falling behind for first time on mortgage
More borrowers are falling behind for the first time on their mortgage repayments, credit ratings agency Standard and Poor's says.
More borrowers are falling behind for the first time on their mortgage repayments, credit ratings agency Standard and Poor's says.
The substantial Parkville apartment complex which made headlines in 2013 when it was revealed the now shelved East West Link road project would straddle it, is being sold by the Andrews government.
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.
Mantra hotel group has seen its shares surge 12.6 per cent, amid a fresh round of takeover speculation.
A strata titled warehouse sold within a week of hitting the market for $480,000, a rate of $2000 per sq m.
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.
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.
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.
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.
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.
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 who signed up with failed construction company Watersun Homes remain without a builder to complete their homes.
Mantra Group's shares were the stock market's biggest gainer on Tuesday, surging 9 per cent amid a fresh round of takeover speculation.
The Melbourne Theosophical Society has moved to put its landmark Russell Street building on the market.
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.
Home prices in Australia's five biggest cities have jumped 3.7 per cent since the start of this year.
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.
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.
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.
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.
The pending arrival of the global Amazon group has sparked a rise in demand for industrial property, according to agents.
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.
Sydney's tightening office market has led tenants to seek smaller premises to get a foothold in the city, according to agents.
Dexus Property has undergone a rebrand to "lift awareness, shift conversation and enhance value".
Office towers are not just a place to work. They must offer so much more, not only to attract staff but to keep them.
It's been a long time coming, but North Sydney is back on the rise thanks to some flagship arrivals.
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.
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.
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 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.
The days of low-value mass production in Australia are nearly at an end so we need to think about the areas where Australia has competitive edges.
The best entrepreneurs ask for help, and support from friends and family.
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