A bitter, protracted legal stoush between two deep-pocketed Singaporean property owners has stalled a 71-storey skyscraper planned for Melbourne, leaving hundreds of apartment owners in limbo.
Ten months after putting it to the market – Places Victoria is believed to have sold a central and permit-ready Footscray site, its second divestment in the suburb in 18 months.
Ardent Leisure, owner of the Gold Coast-based Dreamworld theme park, has unleashed a return volley of fire at its hostile shareholder, the corporate raider, Ariadne.
Overseas-based investors are stepping up the competition to domestic players in the race to buy the $3 billion Blackstone retail property platform.
Cadence Property Group has sold a 7-Eleven petrol station off-the-plan for $5.41 million as service stations and convenience stores with long leases continue to attract small investors.
The investment market for industrial property is the strongest that developers and agents say they have seen for many years.
The heavily-indebted Chinese owner of Darwin Port, who is struggling to make payments on money borrowed to pay for the port lease, is offloading two large development sites in Melbourne worth $40 million.
Caydon Property Group has snapped up a permit-approved apartment development site off market in Northcote for $4.05 million.
Embattled theme park Dreamworld has blamed changes to Victorian school holiday dates for a 30.5 per cent decline in visitors in June compared with the same period last year.
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.
There is a push for collective bargaining for small business around the cost of sending parcels.
Alkaline water may be a very Millennial business but Ricky Herbert and Garrett Jandegian are still prepared to put in the hard yards.
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