Business

Property

Jamie Oliver will revive Jamie's Italian Down Under.

Jamie's plan to salvage Australian restaurants still alive

Celebrity chef Jamie Oliver's plan to salvage his Australian Jamie's Italian restaurant chain has narrowly avoided collapse with a court granting administrators and receivers extra time to complete the takeover from failed hospitality company the Keystone Group.

Most of the interest in offices is coming from local owner-occupiers encouraged by low interest rates.

Low interest rates underpin strata strength

Strata office deals in the CBD are continuing to set records as owner occupiers and investors take advantage of low interest rates to stake a claim on city real estate.

Sydney will get a new luxury hotel when the Sofitel Darling Harbour opens later this year.

Demand a stellar win for hotels sector

The eastern seaboard markets of Sydney and Melbourne were the standout performers in 2016 with the continued achievement of strong market KPIs against a backdrop of compressing yields.

An artist impression of the Capitol Grand development at the corner of Chapel Street and Toorak Road.

City of Stonnington picks up strata property

The City of Stonnington has snapped up a strata property in the heart of the Forrest Hill precinct in South Yarra, paying $2.275 million on a tight 3.1 per cent yield.

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