Ariadne calls Ardent board concerns 'utter nonsense'
The war of words between shareholder Ariadne and Ardent Leisure over proposed board appointments has escalated with calls of "utter nonsense" being made.
Property
Ariadne call for EGM to disrupt Ardent board
Corporate raider, Ariadne run by Dr Gary Weiss, has called for an extraordinary general meeting in a bid to gain shareholder approval to appoint four directors to the Ardent Leisure board, and consequently gaining control.
Salad days no more: SumoSalad battles Westfield
SumoSalad threatens to move out of Westfield shopping centres if it doesn't get a significant rent cut.
Malaysian developer launches South Yarra tower
A Malaysian developer, which lists projects in London and Sydney on its portfolio, is set to announce the launch of a high-end 27-storey tower in ritzy South Yarra.
Hyatt Place opens at Essendon Fields
The first Hyatt Place hotel in Australia opens this week at the $1 billion Essendon Fields business park.
Watpac to develop $63m NSW Coroner's Court
Brisbane-based listed developer Watpac has extended its work in progress with the $63 million contract
Hotelier Simon Tilley snaps up Greenwood pub lease
Sydney hotelier Simon Tilley has extended his pub footprint with the purchase of the leasehold in the Greenwood Hotel, North Sydney from the Balmain Pub Group (BPG) for just over $10 million.
Villaworld buys Plumpton land for $44m
Listed property developer Villaworld has paid $44 million for two land sites in Plumpton, a suburban growth corridor in Melbourne's north-west.
House prices slip again
Melbourne and Perth were the only major capital cities to escape a property price dip last week.
South Melbourne office values soar
A two-storey terrace office at 223 Park Street has soared in value by more than one third over two years. The property sold for $1.6 million in 2015 before selling again recently to an overseas investor for $2,528,500, a 36 per cent rise.
Singaporeans leading deals on St Kilda Road
Melbourne's famed leafy St Kilda Road boulevard is at the centre of a flurry of Singapore-led sales activity with potential buyers negotiating over two towers and another set to be offered to market.
Non-bank lenders throw down challenge to banks
Non-bank lenders are stepping into the breach to finance developments as big banks tighten lending.
Enterprising Singaporean developer starts work on 555 Collins
A Singapore billionaire has begun marketing apartments in a dilapidated Collins Street building.
ASIC moves on failed Pilbara property scheme
Australia's corporate watchdog has moved to shut down 19 companies associated with failed Pilbara property scheme marketed by get-rich-quick spruiker Jamie McIntyre.
Push to slug Airbnb operators for wear and tear costs
Extra fees may be charged to repair wear and tear inflicted by apartment visitors.
Stockland on the charge with Tesla
When visiting a Stockland shopping centre, customers can not only say "charge it", they can also keep the car at full voltage.
Gurner wins appeal over Spanish Club
Rich-lister and high-profile developer Tim Gurner has won a Supreme Court appeal to have a planning tribunal decision - halting the redevelopment of Fitzroy's Spanish Club - reheard.
Sydney householders sitting very tight – we don’t want to sell
Here's a simple graph that tells an amazing story – the owners of Sydney's housing don't want to sell.
Strata sale sets new record
The sale of Victoria Chambers on Lonsdale Street has set a record for strata office investments in the legal precinct.
Green urban development poised for Mascot
The conversion of commercial to residential schemes has put greater pressure on suburban office proposals.
Amazon will be a friend and a foe, retailers warn
The pending arrival of the internet giant Amazon has seen mixed reaction from the retail sector.
Adina hotel to open in 16-storey timber building in Southbank
Adina Apartment Hotels is set to open a 220-room hotel in a purpose-built timber tower above a six-storey office in Melbourne's Southbank that will remain fully operational and tenanted during the hotel's construction.
Sydney office CBD and fringe sectors tightest in the country
Demand for office space across the Sydney city and out to the fringe suburbs is close to the highest levels for many years.
University of Melbourne banking speculated $50m from Southbank site
The University of Melbourne has offloaded a Southbank apartment development site for an enormous price speculated to have just nudged $50 million – more than $20 million over the property's guide price when it hit the market two months ago.
Gandel family on Landmark White register
The Gandel family has emerged as a substantial shareholder in the recently restructured listed property advisory and valuation group Landmark White.
Masons' smooth move in Flinders Lane
Masons was THE name in high fashion from the 1970s through to the mid-1990s in both Sydney and Melbourne.
Universities to collaborate and innovate with the commercial sector
The recent federal budget has seen further tightening of the fiscal belt for the university sector.
Leasing Ladder
ERMINGTON $125 sqm net.
Goodman on track to deliver $1 billion of land sales
Global industrial property landlord, the Goodman Group, is benefiting from the changing lifestyles of consumers
Investors pump $14 billion in sales across office sector
Propertylink has sold its 320 Pitt Street, Sydney assets for $275 million.
Small Business
'Investors will be more inclined to open their wallets': startups
Australia's growing medicinal cannabis industry is confident investors will be "more inclined to open their wallets" after Parliament's shock decision to fast track terminally ill patient's access to the drug.
Six surprising items to claim at tax time
Australian small business owners are about to get really inventive about what they can claim on their tax.