Foreign banks push to fund property
Commercial property funding from foreign lenders has surged even as the major local banks have tightened credit to the sector.
Melbourne shopping arcades fail to adapt to change
Melbourne's famed shopping arcades are straining under the growth of online retail, with vacancies soaring to a ten-year high.
NSW abandons fire levy reform
Gladys Berejiklian has given in to complaints about a plan to shift from a levy on insurance policies to a levy paid by council rate payers.
Foreign investors surging as proportion of buyers
China accounted for 16 per cent of major commercial sales in Australia last year.
Developers warn GST changes biting 12 months early
Radical changes to the way developer taxes are collected are beginning to bite despite not being introduced for another 12 months.
Apartment approvals fall to two-year low
The slowdown in the country's biggest-ever housing construction boom continued in April.
CIC keen on Blackstone's mall portfolio
China Investment Corporation is among the early parties seeking to buy Blackstone's $3.5 billion shopping centre portfolio.
BlackRock pays for 'trophy' office
Asset manager signs one of the largest ever leases in Manhattan in terms of size and value of the overall contract.
20 Bridge Street rakes in $1150 a square metre
Silicon fertiliser company Agripower Australia has leased a penthouse office space at the 13th level of Exchange House.
Charter Hall pays $175m for Salamander mall
Charter Hall Retail REIT has bought the Salamander Bay shopping centre in New South Wales for $174.5 million.
