Soaring home prices in Australia's biggest cities are driven by strong demand and a lack of supply, rather than being a sign of a "bubble," according to HSBC Holdings local chief economist Paul Bloxham.
The new $400 million, 700-key hotel and apartment tower at The Star Gold Coast is getting closer to fruition and sales of the apartments are due to start in the coming weeks.
A company controlled by Aveo's billionaire chairman Seng Huang Lee has acquired a substantial stake in Ardent Leisure
Developers and investors are flocking to the beach and the coast to get a foothold on the property sector.
The St Kilda Road office space vacated by retailer Target has been leased as a new wave of local and international businesses flock to the leafy boulevard.
Industrial sales plummeted by nearly a third over the past 12 months as the supply of investment-grade stock dried up with yields compressing 15 basis points in response to the shortage.
About $4.234 million worth of retail investments in Cranbourne North's The Avenue town centre sold in one line.
Australia Post has inked a deal with giant Singaporean fund Keppel REIT to sell it a $347.8 million half share in a Melbourne tower to be built for Victoria Police.
The Spotlight Group has sold a permit-ready development site in central Box Hill, which was listed with a price guide of about $50 million.
Acquisitive fund manager Centuria has followed up its purchase of Target's headquarters in Melbourne's west with an industrial deal worth $37 million.
Quarry owner and private developer Paul Lofitis has gained planning approval for a 20-storey apartment complex on a site in Spencer Street he purchased for $12.75 million in December last year.
Stage one of the $1 billion Saraceno-Schiavello M City project in Clayton has almost sold out in just two weekends of marketing.
Its been a matter of out with the old and in with the new in the final week of the 2017 financial year.
Discount retailer Target may be struggling with sales, but a head office it recently leased for a 10-year period in Melbourne's west has sold to Centuria Property Funds for $58.23 million.
Investors have snapped up more than $360 million of City fringe assets, but with supply tight, the prices paid are matching the central business district.
Owners of the home of the popular Winery bar and restaurant in a mixed use development in Surry Hills, are taking advantage of the rising investor demand for city fringe assets, with the sale of the freehold site, valued at about $70 million.
The low interest rate environment has seen a rise in demand in the Sydney CBD sub-$5 million office strata market as small businesses, who are tenants, are now getting a better return through buying the properties.
NORTH SYDNEY $575 sq m gross.
Robert Millner and the team at Soul Pattinson's investment group URB Investments Ltd have acquired just over 900,000 shares, or 1.5 per cent, in BlackWall Ltd.
While sustainability in the built environment has traditionally been associated with environmental aspects such as energy, water and waste, there has been a huge spike in interest in the benefits associated with social initiatives as we take a more people-centric approach to sustainability.
Japanese-owned watch company Seiko is set to open its first boutique in Melbourne in Little Collins Street.
Few architects are given a relatively pristine enclave of natural bush to work with.
Frasers Property Australia has netted $8.2 million from two 10-year lease deals, including one to Australia's largest childcare provider, at its Mulgrave "Wellington 2eleven" business park development.
Luxury hotel operator Mandarin Oriental Group will open its first Australian hotel in a stunning, vase-like Melbourne tower designed by the world's greatest female architect, Zaha Hadid, before she died unexpectedly last year.
Apartments with city views over the water in one of property giant Mirvac's developments are being offered to buyers at a whopping $59,400 discount on their $495,000 advertised price.
Dexus Property has made good on its intentions to expand into the $125 billion hospital and medi-centre sector.
Property investor Centuria is taking advantage of the strong Sydney office market with the sale of its Swire House at 10 Spring Street tower, with an estimated value of more than $220 million.
Three low-rise buildings around the city's south-west tip are in the process of exchanging hands in deals totalling about $80 million.
Leasing activity is heating up in Sydney's west as the area benefits from major infrastructure developments by the NSW Government.
An owner-occupier has purchased one of the largest vacant land parcels in Fishermans Bend, which currently has a 12-level residential redevelopment permit in place.
LDrivo wants to connect learner drivers and driving instructors.
Small business owners are just getting on with the job.
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