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Simon Johanson

Property Editor at The Age and BusinessDay journalist for Fairfax's theage.com.au, smh.com.au, watoday.com.au and brisbanetimes.com.au.

The O'Donohue building at 377-379 Little Bourke Street sold for $5.81 million.

Little Bourke Street values soar

The O'Donohue's building in Little Bourke Street occupied by an EzyMart store has sold for $5.81 million, adding to a slew of strong sales below $10 million in Melbourne's centre.

The Turkish Consul building at 671 Toorak Road.

Builder takes shot at Turkey

A builder who took on Turkey in a $1 million tussle over a palatial $4 million Toorak home for the Turkish consul has ended up in month-long hearing at Victoria's planning tribunal.

Salta Properties managing director Sam Tarascio at the Docklands site which will become a hotel and apartment block.

First 'multi-family' apartment tower to go ahead

A private developer is set to build Australia's first "multi-family housing" apartment complex, a model where it keeps ownership of the entire building and leases out the units on a long-term basis, up to 10 years, to tenants.

Commercial lending for residential construction has grown sharply.

APRA warns on commercial property lending standards

Australia's powerful banking regulator has fired another warning shot at the commercial property sector, saying it will further investigate lending standards and consider "additional guidance" if necessary.