'First in a millennium' offer too good to refuse
Charities – like lots of businesses – have been suffering in the current economic climate.
Charities – like lots of businesses – have been suffering in the current economic climate.
In a boost to the Newcastle CBD, AMP Capital has snapped up the Marketown Shopping Centre, for $163 million, on behalf of its client, Sunsuper.
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.
Melbourne's enthusiasm for laneway culture is starting to show up in the prices paid for the shops dotting the bluestone-paved strips off the main shopping beat.
An offshore developer has snapped up a permitted development site on Canterbury Road in Surrey Hills, shelling out $9.4 million.
Demand for a diversified property portfolio has led to a rise in sales of non-core commercial investment assets.
It has been a bumpy ride for retailers, and while the latest data shows an improvement, it comes amid heavy discounting to clear out excess stock, which is eroding margins.
As the new financial year gets underway, Asia Pacific real estate investors remain heavily focused on yield spreads
The Andrews government is banking $36 million from the sale of two former schools in Melbourne's north-west.
Office landlords live in a constant state of optimism.
EVELEIGH, $700 sqm gross.
For the past decade, commercial office design has been moving towards domesticity.
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.
The traditional world of nannies is being shaken up.
You can't do much to improve your intelligence but you can learn to think like a leader.
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