Business

Property

Satwant Singh and his wife Giagan Mann say their dream home has become a nightmare.

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.

Savills Australia says 569,810 square metres of office space was leased in Melbourne's CBD in the 12 months to March.

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.

Lakeside Shopping Centre, on the NSW Central Coast, is being sold by Colliers International and Stonebridge.

$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.

 Artbank Director Tony Stephens inspects the artwork-lending agency's new warehouse in Collingwood.

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.

Members of the Piedimonte family in their North Fitzroy store. They have sold a Campbellfield factory.

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.

Tenants need to be aware of Make Good clauses.

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.

Doran Corporate Pty Ltd has leased office space in Pymble.

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.

Small Business