Business

Property

Buying on the fringe is the only way for some families to get into the market.

Land sales increase to $13 billion

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.

The Orica building at 1 Nicholson Street, Melbourne.

Ixom signs anew at 1 Nicholson

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

The former Addison Hotel will house the The Addison Project,  pop-up accommodation  for about 42 vulnerable youths.

Former Sydney hotel transformed into pop-up home for vulnerable youth

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.

Robert Le Tet is following a line of successful business identities recently seeking to repurpose outgoing office ...

Another millionaire cashes in on apartment boom

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.

LaSalle Funds Management Limited, on behalf of the LaSalle Australia Club Investment Trust, has brought to market Home ...

Large-format retailing is hot ticket

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.

Brad Krauskopf, founder of Hub Australia, in its co-working space in the Mail Exchange in Melbourne.

Commons poised for growth

Melbourne's second largest co-working space operator, The Commons, is planning a third office in the hip commercial precinct of Cremorne.

Savills' new space in Governor Phillip Tower, Sydney.

Need for action in Sydney’s Core

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.

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