Slowdown warning over stamp duty changes
Property developers are leading a revolt against the state government's stamp duty changes.
Property
Church Street office sells for $44 million as suburban sector heats up
Perth-based syndicator Property Bank has sold Building 8 at 658 Church Street in Melbourne to a wealthy local investor for $44 million.
Fashion is hot in the city while suburban strips empty out
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.
Bob Ell buys Sydney Six industrial assets for $71 million
Billionaire property developer Bob Ell is understood to have swooped on a lucrative portfolio of six industrial assets in Western Sydney.
Commercial property the bigger risk to banks: Fitch Ratings
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.
Deagues dispose of 1 Queens Road car park
The Deague family has put its St Kilda Road Towers 650-bay car park on the market with expectations of more than $25 million.
Melbourne's charms and cheap rents gaining admirers
International businesses are starting to looking at expanding their Australian office footprint into Melbourne rather than Sydney, lured by the cheaper office rents.
US hedge fund financing Australian apartment building
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.
Parramatta site adds to market growth
The boomtime at Parramatta has led to the offering of a residential development site in the Parramatta CBD.
Empty shops not deterring investors
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.
Amazon entry puts old selling habits on notice
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.
Here comes the Sun, as cinemas burn bright
Small-chain cinema in Melbourne is adapting to a new reality: pricier tickets, bigger seats, property development backing.
Historic building to be demolished to make way for hotel
Another portion of Melbourne's former industrial heritage is set to be demolished to make way for a 32-storey hotel.
Little Bourke Street values soar
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.
Builder takes shot at Turkey
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 tipped to line up for Soul Patts' Pitt Street Mall site
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.
Badgery's airport a win for industrial property assets
The commitment by the Federal Government to construct the $5.3 billion Western Sydney Airport Corporation at Badgerys Creek, will add immense value to the surrounding western Sydney regions, which comprise a substantial amount of industrial property.
Performance is paramount at Geelong Grammar
Architect Peter Eliott has designed and refurbished a number of performing art spaces for both schools and universities, including Melbourne Grammar and Xavier.
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.
Cap on foreign ownership to slow development projects
The federal budget's 50 per cent cap on foreign buyers in new developments will hit major offshore developers hardest and may lead to a decline in development approvals.
Townhouses seen as the new ''middle'' market
The federal budget has raised the incentive for some home owners to downsize from the family home.
Surplus land fetches millions for state coffers
The state government has reaped $11.41 million from property deals, including the sale of Mirrabooka, a house designed by modernist architects Roy Grounds and Robyn Boyd.
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.
City of Sydney opens $10m community centre
The City of Sydney's state-of-the-art community centre has opened the doors to its East Sydney Community and Arts Centre in Darlinghurst.
Local malls are in high demand
Regionally located neighbourhood shopping centres have received high levels of appetite from a range of investors over the past two years.
Leasing Ladder
BOTANY $166.05 sqm net.
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.
Small Business
Do you really need to work at weekends?
The 24/7 economy has created too much blurring of work and personal time.
Not happy Jan! Sensis in trouble in first unfair contracts action
Competition watchdog cracks down on Sensis for its automatic contract renewal process.