Major hotel operators sets sights on Australia
Intercontinental Hotel Group and Marriott International among global operators expanding here.
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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.
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.
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.
ASIC files bankruptcy proceedings against property spruiker McIntyre
Australia's financial watchdog has filed bankruptcy proceedings against notorious property spruiker Jamie McIntyre and his brother Dennis.
Fosters to sell CUB's Southbank headquarters
Australia's largest liquor company Fosters has moved to offload the Southbank headquarters of its famous subsidiary Carlton & United Breweries in a deal tipped to fetch $80 million once the six-storey building is sold.
Gurner challenges Fitzroy Club knockback in Supreme Court
The Melbourne developer has launched a Supreme Court challenge to a planning tribunal decision that rejected his apartment redevelopment of Fitzroy's Spanish Club.
Chinese investors target retail assets as $48m centre sells
A neighbourhood shopping centre in Melbourne's south-east anchored by a Woolworths supermarket has sold to Chinese interests for $48 million, the latest in series of retail acquisitions by Asian investors.
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