![Foster + Partners will design the Circular Quay Tower.](http://web.archive.org./web/20170619105811im_/https://www.fairfaxstatic.com.au/content/dam/images/g/w/t/q/1/v/image.related.wideLandscape.460x259.gwtvom.png/1497844509920.jpg)
$1.5b Circular Quay tower moves step closer
Lendlease has started the process to construct a new $1.5 billion tower at Circular Quay, Sydney, with the appointment of architects Foster + Partners.
Lendlease has started the process to construct a new $1.5 billion tower at Circular Quay, Sydney, with the appointment of architects Foster + Partners.
Property prices have ticked slightly higher across most of Australia's capital cities, although the auction clearance rate has stayed below 70 per cent.
Rising demand for warehouse and distribution space- boosted by the pending arrival of online giant Amazon - has see a rise in industrial land values which has prompted asset sales.
In Hong Kong, where housing is even more expensive than in Sydney, micro-apartments are booming.
The cold stone corporate lobbies in Collins Street's top towers are being cleaned out and high-end retailers are moving in.
Suburban offices have become prime investment targets as falling vacancies and rising rents attract more investors to the sector.
Corporate raider Ariadne Australia is to have its showdown with Ardent Leisure at an extraordinary general meeting on September 4, in Sydney.
The $200 million Fender-Katsalidis tower set for the Celtic Club site on Queen Street has almost sold out before a public sales campaign even started.
What do you do with the toys in your garage when you downsize? You buy a "man cave".
Retail operators have said the sector is facing some of the toughest times in many years.
Owners of commercial and residential strata properties are preparing for a wave of sales under the December 2016 strata law reform legislation
Investor demand for quality and higher yielding assets has seen a rise in offerings of properties, ranging from offices to townhouse developments.
Rising land values and increased demand for warehouses from online importers has led to average face rents in Sydney's industrial market growing by 2.09 per cent in the first quarter of 2017.
A string of retail deals in Melbourne's CBD has driven yields to ever sharper returns, even as rents have started to flag.
Toilet paper and feminine hygiene product manufacturing giant Asaleo Care is banking $22.4 million selling a Springvale industrial asset with a leaseback to Perpetual, a Sydney based institutional investor.
Now more than ever, the lack of quality industrial land in Sydney and rising land prices is placing pressure on the industrial property market to reinvent the asset class.
Landlord Goodman Group may have to start looking for a new tenant at its Pyrmont site in City West Office Park.
NORTH SYDNEY $295 sq m gross.
FMSA Architecture started discussions with the Karingal Group five years ago, regarding a new centre for those with intellectual and physical disabilities.
The war of words between shareholder Ariadne and Ardent Leisure over proposed board appointments has escalated with calls of "utter nonsense" being made.
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.
SumoSalad threatens to move out of Westfield shopping centres if it doesn't get a significant rent cut.
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.
The first Hyatt Place hotel in Australia opens this week at the $1 billion Essendon Fields business park.
Brisbane-based listed developer Watpac has extended its work in progress with the $63 million contract
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.
Listed property developer Villaworld has paid $44 million for two land sites in Plumpton, a suburban growth corridor in Melbourne's north-west.
Melbourne and Perth were the only major capital cities to escape a property price dip last week.
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.
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.
Can a person really build a thriving international business from regional Victoria without stepping on a plane?
Work can take years off your life in gradual insidious manner.
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