Mantra shares sink after Citi downgrade
Shares in Mantra Group fell more than 7 per cent on Thursday after Citi downgraded its recommendation for the hotel and resort operator.
Shares in Mantra Group fell more than 7 per cent on Thursday after Citi downgraded its recommendation for the hotel and resort operator.
Retirement village operator Aveo will be hit with a class action next week over claims its resident contracts were misleading and unconscionable.
Across the country's 5300 office buildings the official vacancy rate improved to 10.5 per cent from 10.9 per cent.
Approvals of standalone houses are proving more resilient as the heat comes out of the house-building sector.
Local online retail heavyweights Kogan and Catch Group are lifting their distribution game ahead of the arrival of Amazon in Australia.
Conditions in the Brisbane office market deteriorated in the first six months of the year, with the vacancy rate across its CBD market incre...
While office vacancy rates are improving so too are high grade industrial assets.
Melbourne's vacancy rate is at 6.5 per cent and could go lower before a flood of new supply around 2020.
Infrastructure development and shortage of office supply have tightened the amount of empty offices in Sydney
Hotel deals hit a three-year-low of just $600 million in the first six months of the year, according to figures compiled by CBRE Hotels.
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