The regional director of a multibillion-dollar real estate firm has been given the go-ahead by the Fair Work Commission to pursue a claim of unfair dismissal against Jones Lang LaSalle, despite earning well above the income cap.
ASX-listed Cedar Woods' re-annoucement this week that retailer Target has pre-commitemented to a long-term lease at its new Williams Landing office - it made a similar statement five months ago - was the precursor to a bigger story: Cedar Woods is selling the Target building.
Race for space is putting pressure on rents as banks, private health insurance services and beauty salons also vie for the limited tenancies.
Interests associated with the 138-year old Gunnersens family business are seeking state ministerial approval to replace their enormous Port Melbourne factory with a $211 million mixed-use village containing three apartment towers, shops, childcare – and a 4600 square metre public space.
Toorak property developer Peter Gibson has snapped up a key Glen Iris development site, paying $9.182 million for three adjoining properties on Malvern Road.
Another brothel is set to make way for a multi-level apartment complex.
Mixed-use developments are the new mainstay in the property sector.
Childcare centres are on an upward trajectory in the eyes of investors with more than $200 million worth of asset changing hands in the past year
Generational change in the legal precinct has sparked a series of property deals with owners taking advantage of hot CBD prices.
The troubled Waterford housing estate in Melbourne's north, which was left in limbo after the collapse of its developer, has been sold for about $8 million.
If you are reading this column, chances are you work in the property industry
Frasers Property Australia is expanding the retail appeal of its $2 billion masterplanned Central Park precinct
D&B; Duffy has sold a 395 sqm office at 104 Alexander Street, Crows Nest to LAK Investments P/L.
Comme des Garcons is one of the world's leading fashion labels, founded by Tokyo-based designer Rei Kawakubo.
Property developers are leading a revolt against the state government's stamp duty changes.
Perth-based syndicator Property Bank has sold Building 8 at 658 Church Street in Melbourne to a wealthy local investor for $44 million.
Melbourne's shopping habits are splitting in two: fashion retailing is dominated by the magnets of the CBD and shopping centres while strip retail turns to cafe culture and dining.
Billionaire property developer Bob Ell is understood to have swooped on a lucrative portfolio of six industrial assets in Western Sydney.
Losses on commercial real estate pose a more immediate risk to Australia's banks than developments in the housing market, where regulators are putting the brakes on riskier lending, Fitch Ratings says.
The Deague family has put its St Kilda Road Towers 650-bay car park on the market with expectations of more than $25 million.
International businesses are starting to looking at expanding their Australian office footprint into Melbourne rather than Sydney, lured by the cheaper office rents.
The crackdown by Australia's financial regulator on bank lending to property developers has led to a US-based hedge fund underpinning a major Melbourne apartment development.
The boomtime at Parramatta has led to the offering of a residential development site in the Parramatta CBD.
A vacant 48 sqm retail space, one of six shops on the ground level of 142 Rathdowne Street, has sold for $475,000, Fitzroys Terence Yeh said.
The arrival of retail "disrupter" Amazon will force old-fashioned selling methods to fundamentally change in an effort to entice customers back to bricks and mortar shops.
Small-chain cinema in Melbourne is adapting to a new reality: pricier tickets, bigger seats, property development backing.
Another portion of Melbourne's former industrial heritage is set to be demolished to make way for a 32-storey hotel.
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.
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.
International retailers will be lining up with the local competitors to snare one of the more prominent leases in the very tightly-held Pitt Street Mall, the Soul Pattinson pharmacy.
The left vs the right: Who's fairer at work?
David Freeman built a $20 million business out of coconut water and now he's turned to watermelon water.