GPT Group wants in on Amazon expansion
Property developers are positioning themselves to profit from the arrival of the internet "disrupter" Amazon into the Australian market.
Property
Greenvale farm reaps $25m from developer
A lucky Greenvale farm owner is speculated to be more than $25 million richer after offloading a historic 16-hectare property to a residential developer.
World's biggest hotel chain is on a roll
Marriott International Inc, the world's largest hotel chain, has reported a higher-than-expected quarterly profit, driven by higher room rates and occupancy.
Slimmed-down bank branches head for the mall
Diving over the counter transaction rates and changing shopping habits look set to accelerate bank moves from large high street branches to slimmed down mall positions.
Melbourne's great land sale continues
Five prominent development sites are trading this month in deals speculated to be worth a total of more than $40 million.
Pre-commitment deal gets new precinct trucking
Transport companies CIMC Vehicle Australia and Marshall Lethlean will combine the south-east Melbourne operations under a pre-lease deal at a Cranbourne West industrial precinct.
Rich Lister's fight for 'fair share' of mountain view
A battle over mountain views at an upmarket ski town apartment is not going Rich Lister and Liberal Party heavyweight Andrew Abercrombie's way.
What retail gloom? Scentre Group sees growth
The country's biggest retail landlord, Scentre Group, has shrugged off concerns about the sector to unveil a solid first-quarter performance.
Monster deal nets Creature comfort
A budding Melbourne art company which manufactures enormous stage-show quality animals and life-like animatronics has signed a major industrial lease deal in Fishermans Bend.
This company sent $7m south and it tripled in two years
Brisbane based Stronghold Investment Services is continuing its east-coast spending spree, acquiring a fully leased office park in Melbourne's south-east for about $21.5 million
Time to get it right on infrastructure
Sydney and Melbourne are buckling under the pressure of poor infrastructure and housing programs that are quite frankly, not keeping pace with strong population growth.
Swanston retail turns over new leaves
Retailers still keen to secure a shop on Swanston Street despite construction of $11b Metro.
Vicinity, Charter Hall see solid retail growth
Retail landlords Vicinity Centres and Charter Hall Retail REIT have forecast new developments and a focus on food will boost earnings for the full year.
Banks bypassed in search for capital
Real estate investor Qualitas to launch $180m construction fund to finance property developments.
Suitsupply opens flagship store in Sydney CBD
International tailor, Suitsupply is the latest retailer to launch in Australia
Dexus welcomes Amazon
Dexus Property says the arrival of global internet giant Amazon will support the Australian industrial property sector
Major hotel operators sets sights on Australia
Intercontinental Hotel Group and Marriott International among global operators expanding here.
Surge in B-grade CBD rents boosting return for landlords
Office markets across all grades, premium to even D-grade are in demand
Wanda launches $1b One Circular Quay project
Gold Fields House, one of the most well-located office towers in Sydney with views across the Harbour Bridge, the Opera House and out to the Heads, has closed and will be reborn as One Circular Quay.
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.
Sorrento shop sets benchmark price
Off-market transaction sees double-fronted shop at 57-59 Ocean Beach Road sell for $4.7m.
Housing slowdown a blip or something more?
The big question raised by last month's slowdown in Sydney and Melbourne's housing markets is whether this is a blip on the radar.
Home prices brake in April after blistering run
Home price rises slowed sharply in Australia's major cities in April, in a welcome respite for policymakers who have been alarmed at the risks of a debt-fuelled bubble in the housing market.
'Trump bump' lifts stocks, giving President a win for first 100 days
In his first 100 days as president, Donald Trump may have found much of his agenda stymied, like a healthcare overhaul and a hotly contested immigration order.
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.
Propertylink snaps up $145m Brisbane office tower
Listed property group Propertylink has acquired a government-leased office in Brisbane for $145 million in a partnership with investment bank Goldman Sachs.
Charter Hall launches $275m equity raising, ups earnings guidance
Diversified property group Charter Hall updated its earnings guidance Friday by 35.9 cents per security, while at the same time announcing a $275 million equity raising.
Burbank plans 57-storey tower on historic site
Home builder Burbank Group has applied to knock down an 1903 former warehouse building in Melbourne and replace it with a 57-storey apartment tower.
Coastal pubs ride the wave of city demand
Gallagher Hotel Management has expanded its hotel portfolio with the purchase of the Terrigal Hotel for $28 million.
GPT boosts logistics business portfolio
GPT Group has boosted its logistics business with the practical completion on a 18,000 square metre logistics facility at 18-24 Abbott Road, Seven Hills.
Small Business
Bad customer service? Blame the manager.
There's a widespread disconnect between what a customer is feeling and what a manager is thinking.
Small business celebrates Budget win on tax break
A popular tax write-off scheme for small businesses will be extended for another year in a significant win from the Budget for the sector.