Ariadne drops bid for four board seats
Rebel shareholder Ariadne Australia has stopped pushing for four board seats at rival Ardent, with property developer Kevin Seymour and US-based Andrew Hedges withdrawing their nominations.
Property
Mirvac expands retail base with $155m purchase
Mirvac has expanded its retail portfolio with the purchase of the remaining half share in the East Village in Zetland, Sydney from PAYCE Consolidated.
David Jones rolls out new concept store to capture foodies
Upmarket department store David Jones has unveiled the next step in its food evolution, with plans for its first Melbourne concept store.
Rain hits AVJennings' profit, but housing demand remains strong
Residential developer and homebuilder AVJennings has blamed heavy rain on Australia's east coast and delays in issuing titles to prospective buyers for a 12.7 per cent slump in profit.
Ascendas Singapore pays $252m for GDI Property asset
The push to get a toe-hold into the tight CBD office markets has seen the Singapore-based real estate firm, Ascendas-Singbridge pay $252 million for the A-grade commercial office tower at 66 Goulburn Street.
$62,400 a year: Sydney suburbs with highest mortgage repayments revealed
Sydney's mortgage bill hotspots revealed
Disney makes the move to Richmond
The former industrial Richmond suburb of Cremorne is shaping up as one of the hottest office markets in the country as tech companies get in the mix with creative industries, start-ups and co-working hubs.
Reporting season hits halfway mark
The Australian real estate investment trusts are at the halfway mark in the reporting season for the 2017 financial year
Mirvac pushes into 'build to rent' amid housing crunch
Mirvac has seen a marginal decline in the number of foreign buyers for its apartments in the wake of the federal government changes to capital control, yet says Sydney and Melbourne remain "fundamentally" under-supplied for housing.
Good Guys cash in at Caringbah
The march is on for large format retail asset with a private syndicate paying close to $30 million for the only NSW Metro asset in the national portfolio of 15 retail investments leased to The Good Guys, paying a passing yield of 6.26 per cent.
Yarraville's abandoned Morlynn Insulators factory selling, again
Following a false start last year, the Stambo's Group appears to have found a buyer for the abandoned former Morlynn Insulators factory in Yarraville, six kilometres west of the CBD.
Pace pounce on Ascot Vale development site
Busy Melbourne developer Pace Development Group has pounced on a mixed-use development site in Ascot Vale for $12 million, its second major purchase in as many weeks.
Leasing Ladder
Macquarie Park, Chatswood, North Sydney, Sydney and Camperdown.
Global accounting standards to test tenants
It is going to be interesting to watch how the corporate leasing sector in Australia responds to the new global accounting standard.
Charter Hall leaves Westpac at the altar
Charter Hall has walked away from a potential deal with Westpac's $14.3 billion infrastructure investment business, Hastings Management
Office markets entering ''golden period'' - Dexus
Dexus Property has made the call that the Sydney and Melbourne office markets are entering a golden period of high demand, low vacancy and few new developments, for at least another three years.
Stockland profit jumps 34 per cent as residential, retirement jump
Stockland has reported a statutory profit of $1.2 billion, up 34.4 per cent on the prior year, boosted by its retirement and residential divisions, where a number of new developments have been opened.
Westfield hits Milan as fashion underpins its results
The retail giant will focus on residential developments at its malls and upgrade its portfolio of flagship shopping centres as it steps up its international expansion.
Aveo vows to simplify contracts after profit doubles
Embattled retirement village giant Aveo has moved to appease critics of its complex contracts, vowing to simplify them as it revealed its full-year profit doubled to $252.8 million.
Cozzo planning apartment play
Melbourne furniture magnate Franco Cozzo is branching out into property development.His long-held inner city land holdings in Footscray and Brunswick are ripe for re-invention as the apartment boom rolls out across the metropolitan area.
Masters stores to reopen as shopping malls in time for Christmas
Ten former Masters stores across the country will reopen as shopping malls in time for Christmas, with another 30 to follow in 2018.
Propertylink sees urbanisation as growth engine
The urbanisation of cities and the growth in demand for online goods, serviced by Amazon, will be the focus for Propertylink
Perth fund pays $20.3m for industrial assets
Perth-based fund manager Mair Property Funds has swooped on to two industrial facilities in Melbourne's west in a $20.3 million off-market deal.
Charter Hall Retail REIT boosted by supermarket improvements
Charter Hall Retail REIT has benefited from the turnaround in performance of its main supermarket tenants
GPT upgrades earnings on stronger leasing and development projects
Diversified property group GPT has lifted its full-year earnings guidance to 3 per cent based on stronger market conditions.
Toorak Village tops developer's list
One of the last remaining development sites in Toorak Village has sold for $7.3 million.
Architects picked for new $230 million tower in the west
Parramatta is set for a new $230 million office tower
Investors pour $29b into commercial real estate bricks and mortar
Investors have poured $29 billion into office, retail, industrial and hotel assets in the past year.
Spruiker in hot water over 'buy a house for $1' scheme
A spruiker who promoted a scheme to "buy a house for $1" has been described by a judge as "habitually careless with the truth".
Ardent says Dreamworld recovery will take two years as earnings slide
Ardent Leisure has said its transition to a customer experience-driven leisure and entertainment portfolio is now complete, after flagging a 44.6 per cent drop in earnings for the year to June 30.
Small Business
The little Australian toy company captivating the babycino generation
Tiger Tribe offers an antidote to screen time.
'You'll never get a job': The foreign accents that limit your career
Many decision-makers harbour biases against accents different to their own.