![567 Collins Street Melbourne.](/web/20170405051929im_/http://www.smh.com.au/content/dam/images/g/v/d/m/k/p/image.related.wideLandscape.460x259.gvdm0y.png/1491293317199.jpg)
Cromwell lobs $3b bid for Investa Office Fund
Cromwell Corporation has ended months of speculation by making an after-market unsolicited, indicative, non-binding proposal for Investa Office Fund, valuing it about $3 billion.
Cromwell Corporation has ended months of speculation by making an after-market unsolicited, indicative, non-binding proposal for Investa Office Fund, valuing it about $3 billion.
A Carnegie shop sets new record for a sale in the area on a record low yield of 2.53 per cent.
Melbourne's Collins Street menswear retailers are on the move with both Fletcher Jones and MJ Bale taking new spaces.
Real Asset Management Group has emerged as the buyer of the Broadway Plaza, Punchbowl, paying $41.2 million to creditors PPB Advisory.
Australia's greenfield residential land market grew 6 per cent last year with 57,381 lots released, according to a new State of the Land report.
Walker Corporation has moved a step closer to the rejuvenation of the $2 billion Parramatta Square precinct
Property landlords are now weighing into the favourable debt markets.
Offering the on trend clothes with an internet option to collect and providing a social meeting place, will always entice the Gen Z spenders into a physical shop
A portfolio of six newly developed Victorian childcare centres offered to the market for the first time are expected to fetch $50 million.
Chemicals company Ixom has renewed its lease on Melbourne's first glass skyscraper in the north-east fringe office precinct. Charter Hall's Direct Office Fund has leased three floors at 1 Nicholson Street, the 12-storey tower built for Orica in 1960. Ixom, formerly Orica's chemicals arm, was sold to the Blackstone Group in 2015
Melbourne University has moved to offload a large vacant site in Southbank now used as a public car park as it seeks funds to build the new home for the Melbourne Conservatorium of Music nearby.
Developer TOGA and real estate investor Qualitas have transformed the former Addison Hotel in Kensington in Sydney's east into pop-up accommodation for vulnerable youth, after donating the vacant building for a minimum of 12 months while it awaits development approval.
The corporate watchdog has announced targeted surveillance of lenders and mortgage brokers who are inappropriately spruiking interest-only loans.
Robert Le Tet – a low-profile member of Melbourne's establishment for more than three decades – is the latest businessman seeking to replace his company's inner-city headquarters with an apartment building.
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.
More borrowers are falling behind for the first time on their mortgage repayments, credit ratings agency Standard and Poor's says.
Melbourne's second largest co-working space operator, The Commons, is planning a third office in the hip commercial precinct of Cremorne.
Upmarket private school Haileybury College is fighting to stop a 24-storey hotel development next door to its city campus that it fears will overlook and overshadow students and classrooms.
Over 2016 the options available for tenants to take up whole-floor lettings in prime grade buildings in the Sydney CBD fell by a nation-leading 93 floors.
Recent trading activity in the listed Mantra Group is linked to a possible takeover.
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.
AUBURN $6.66m.
Robert Le Tet is the latest businessman seeking to replace his company's inner-city headquarters with an apartment building.
Planning a community generally starts in advance of people building foundations.
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.
The small business ombudsman says big businesses including Mars, Kellogg's and Fonterra have a gun to the head of small businesses with their loan schemes.
It is an unfortunate fact of life that too often business owners have a total aversion to paying income tax.
Save articles for later.
Subscribe for unlimited access to news. Login to save articles.
Return to the homepage by clicking on the site logo.