Home builders have mixed response to APRA changes
Home builders have given a mixed reception to the move by APRA to tighten the lending practices on interest-only and investor loans.
Carolyn Cummins is Commercial Property Editor for The Sydney Morning Herald.
Home builders have given a mixed reception to the move by APRA to tighten the lending practices on interest-only and investor loans.
Retailers Gerry Harvey and Brett Blundy are expected to be in the mix of interested parties for the $400 million-plus Home Hub portfolio in Sydney's hills district that is being sold by the LaSalle Funds Management.
The sale of a freestanding office building in Hornsby by the Abacus Property Group for $22 million, on a yield of 5.6 per cent, reflects the increasing demand for suburban offices, according to agents.
Large-scale pharmacies are stepping up their presence to become a major "disruptor" as they compete for space in malls and neighbourhood shopping strips.
Recent trading activity in the listed Mantra Group is linked to a possible takeover.
AUBURN $6.66m.
Mantra hotel group has seen its shares surge 12.6 per cent, amid a fresh round of takeover speculation.
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.
Mantra Group's shares were the stock market's biggest gainer on Tuesday, surging 9 per cent amid a fresh round of takeover speculation.
Search pagination
Save articles for later.
Subscribe for unlimited access to news. Login to save articles.
Return to the homepage by clicking on the site logo.