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Robo-sheds on horizon in Amazon age of warehouses
Goodman Group has ear-marked $2 billion in asset sales in the coming year
Carolyn Cummins is Commercial Property Editor for The Sydney Morning Herald.
Goodman Group has ear-marked $2 billion in asset sales in the coming year
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.
Mirvac has expanded its retail portfolio with the purchase of the remaining half share in the East Village in Zetland, Sydney from PAYCE Consolidated.
Upmarket department store David Jones has unveiled the next step in its food evolution, with plans for its first Melbourne concept store.
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.
The Australian real estate investment trusts are at the halfway mark in the reporting season for the 2017 financial year
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.
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.
Macquarie Park, Chatswood, North Sydney, Sydney and Camperdown.
It is going to be interesting to watch how the corporate leasing sector in Australia responds to the new global accounting standard.
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