Palmer sells Queensland Nickel HQ
Embattled businessman Clive Palmer has sold the head office of his Queensland Nickel company.
Property
Sydney, Melbourne home price falls pause
The decline in Sydney and Melbourne home prices paused last week, but only just.
Planning review into golf courses imminent
Golf courses in Melbourne are poised for a shake-up with the Andrews government launching an inquiry into land use and development of the lucrative land holdings.
Squeeze on suburban commercial development pipeline
Since the significant rise in residential values over recent years, the prospect of attaining the Holy Grail of property investment returns.
REITS looking forward to a busy new fiscal year
It has been a busy year for the real estate investment trust sector, amid the long-running battle for control of Investa Office Fund, volatile share market and changing yield market.
Amazon to impact online sellers as much as bricks and mortar
The arrival of Amazon to Australia is likely to have a big impact on other online retailers and if they are not competitive they could perish, according to retail experts.
Folkestone buys land to expand Woolies homemaker centre
Property fund manager Folkestone will buy a one hectare plot of land next to its Millers Junction homemaker centre in Melbourne's west, allowing it to expand and create a Woolworths-anchored large format retail centre.
Melting pot for students, churches and residents in CBD
International Chinese restaurant chain David's Hot Pot is set to open at the foot of the new Eporo Tower near the corner of La Trobe and Elizabeth streets.
Williamstown retail complex sells for $20m
A Melbourne investor is selling a modern Williamstown retail asset for a speculated $20 million – nearly twice the value attached to it, when it last traded among owners in 2011.
Industrial sector gains impetus from savvy investors
Industrial assets are in high demand, not just from the entry of Amazon, but also the fact that there are more than $86.8 billion in transportation infrastructure projects currently underway.
Ghale buys Melbourne's 'best' corner
Education entrepreneur Shesh Ghale is buying the super-prominent site which forms the south-west – and some say best – corner of the Melbourne CBD grid.
Developers turn to larger apartments
Developers are banking on family-sized apartments and features like internal lifts to entice downsizing baby boomers into suburban projects.
Vivid lights boost business
Architecture practice Turner has created two exciting installations in Sydney's CBD for the Vivid Sydney event.
Retailers enjoying a day in the sun
Retailers have finally received some good news with new data showing sales have had the biggest rise, of 1 per cent, for the first time in two and half years.
Deals and Deeds
NORTH SYDNEY $285,000.
Centre lifts profile with striking wall
There are a number of key buildings along the Swanston Street axis, including the National Gallery of Victoria at one end and the Ian Potter Art Museum at the other.
Australia must fix its 'spectacular housing bubble', Citi warns
Australia is experiencing a "spectacular housing bubble", which needs to be addressed with tougher regulatory measures, said Willem Buiter, Citigroup's chief economist.
John McGrath bursts property bubble 'myth'
John McGrath, founder of the McGrath real estate advisory empire has dismissed concerns of a property 'bubble'.
Impending property 'calamity' an 'over-reaction'
Senior property industry executives dismiss fund manager Altair Asset Management's surprise liquidation of its entire Australian share funds because of an impending property market "calamity" as an "over-reaction."
ICD and Wingate sell Fitness First gym for $17.55m
ICD Property, the Chinese-backed developer of one of Melbourne's largest high-rise residential towers, and investment firm Wingate have cashed out of a Fitness First investment in Cheltenham for $17.55 million.
Century City Walks into arms of IPG
Sydney-based advisory firm iProsperity Group has snapped up the Century City Walk shopping mall in Glen Waverley to become one of the largest landowner in the burgeoning retail precinct. IPG has paid $45 million for the 8352 square metre shopping centre which is anchored by an Village Cinemas complex fronting busy Springvale Road.
Part of Eynesbury estate on the market for $120m
A portion of the vast Eynesbury estate near Werribee in Melbourne's west once owned by the Ballieu family has been put on the market with price expectations around $120 million.
Kozminsky Bourke Street freehold for sale
The closure of Kozminsky jewellery store at 421 Bourke Street has prompted its owner, the Shaw family, to put the three-storey Victorian building on the market.
North Sydney development sector hitting new heights
A potential new mixed-use development has been earmarked for North Sydney with the sale of an older-style office tower at 8 West Street that could attract a price of about $60 million.
Aventus Retail spends $436m on two large format centres
Aventus Retail Property has beaten off tough competition to strike the biggest sale deal in the large format retail sector,
What price would you pay for a whole block of flats?
A block of 28 studio apartments at 37 Elphin Grove in Hawthorn has sold for $4.6 million.
Soaring suburban shop prices show no signs of slowing
A small 188-square-metre, single-level building in Melbourne's outer-eastern Mount Waverley recently sold on a 2 per cent yield under the hammer.
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.
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.
Small Business
CUB pushes out small business payment times
Carlton & United Breweries is increasing payment times to small business suppliers rather than cutting them.
Thinking outside the box after courier dramas
Incy Interiors now employs extreme packaging to overcome courier problems.