King Street building sells for $5.4m
A historic four-storey King Street office built in 1887 has been snapped up by an owner-occupier for $5.4 million.
Property
Hipsters make new suburban offices groovy
Hip inner-city suburbs are undergoing a worker renaissance as surging office rents begin to tip the construction scales away from residential apartments.
Light wins over shadow in public park battle
Light has conquered shadow in a battle over tall buildings overlooking Melbourne's riverside Birrarung Marr park.
The $380m Castles hotel and apartments to open in Sydney CBD
Chinese giant Shanghai United has teamed with AccorHotels to be the latest to construct and manage a new hotel and apartment complex
Retailers brace for more warm weather
Retailers, already facing a seismic change in shopping habits, are heading into the so-called half yearly clearance sales, a month earlier than in the past.
Building's subtle nod to warehouse past
McGlashan Everist Architects could have easily demolished what was previously an asbestos-riddled building on Monash University's Clayton campus.
King & Godfree revamp gets under way after three year hiatus
The redevelopment of the King & Godfree grocery store in the heart of Carlton's Lygon Street is finally under way three years after it shut.
TPG sells Mount Martha hatchery for speculated $16m
After paying the Ingham family $880 million for its then-94-year old poultry business in 2013, a TPG Capital subsidiary is selling a 4.6 hectare former hatchery, surrounded by multimillion-dollar homes, in exclusive and established Mount Martha.
Qualitas construction fund reaches $500 million
Real estate management group Qualitas has raised $500 million from institutional investors for the first fund in its multi-billion dollar construction finance program.
Stuart Morris selling Ivanhoe East supersite
Prominent barrister Stuart Morris QC is selling a controversial Ivanhoe East holding to SHL Development.
Investors flock to secure student accommodation
The last two years have witnessed the start of the institutionalisation of student accommodation as an asset class in Australia.
Leasing Ladder
SYDNEY $892.85sq m gross.
Port Hedland property market reawakens
Prices in Port Hedland are starting to rise, after having collapsed near 70 per cent during the past four years.
West Melbourne roars into record territory
Melbourne developer United Asia Group has put its foot on a West Melbourne development site, setting a new land benchmark for the area.
Charter Hall snaps up Dexus site for $229m
Charter Hall's Prime Office Fund and Direct Office Fund have extended their joint venture with the exchange of contracts with Dexus Property to buy the office tower at 105 Phillip Street, Parramatta, Sydney for $229 million.
G8 Education taps investors for $100m
G8 Education is tapping investors for $100 million through a fully underwritten institutional placement to fund growth opportunities and reduce debt.
Lloyd Williams sells city car park to Hong Kong investors for $120m
Property tycoon and horse racing identity Lloyd Williams has more than doubled his money with the sale of a 16-storey carpark in Melbourne's Flinders Street to a Hong Kong private company for about $120 million.
Townhouses likely for road research land
Chinese property developers have snapped up a large infill suburban site in Melbourne's outer east that was previously used for road safety research.
Goodman Group restructures debt, wins a ratings upgrade
Goodman Group has restructured its capital management with a reduction in gearing and amended banking covenants, the group has revealed.
Melbourne's unloved Harbour Town to get $150m makeover
Sydney boutique bank Ashe Morgan, has unveiled a new $150 million entertainment precinct for Harbour Town, on the edge of Docklands.
Mathieson sells $23m industrial site leased to CSR
A large industrial warehouse leased to a subsidiary of building products giant CSR in Melbourne's south-eastern industrial heartland is setting fresh benchmarks for industrial yields, transacting for $23 million.
Coptic Church buys Woodend retreat for monastery
The Coptic Orthodox Diocese of Melbourne has snapped up the historic Campaspe House at 29 Goldies Lane to turn it into the Archangel Michael Monastery for Nuns, as well as a retreat for women.
Singo, Dixon sell sixth hotel in six months
Businessmen and long-time mates Geoff Dixon and John Singleton's Australian Pub Fund has sold the Kinselas hotel at Sydney's busy Taylor's Square.
Why this time it's different for property trusts
Listed property trusts are in much better shape to withstand a sharp downturn in the market than they were in 2007, according to Atlas Funds Management.
Property prices ease across capital cities
Home prices across Australia's capital cities have again edged lower, in a sign the property boom has likely passed its peak.
High-earning sales rep takes on Jones Lang Lasalle over unfair dismissal
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.
Cedar Woods lists Target's new Williams Landing office
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.
Food retailers snapping up prime tenancies
Race for space is putting pressure on rents as banks, private health insurance services and beauty salons also vie for the limited tenancies.
Inner city factory the place for a $211 million village
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.
Permitted development sites hot to trot
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.
Small Business
Australian inventors of wine-in-a-can claim rip-off by Japanese giant
Battle between wine-in-a-can inventors Barokes Wine and Daiwa Can Company spans three years and three countries.
Expensive, risky and ambitious: the rise of the 'fat' start-up
There's a new kind of tech start-up.