Business

Carolyn Cummins

Carolyn Cummins is Commercial Property Editor for The Sydney Morning Herald.

Gary Weiss is now pushing for only two seats for Ariadne directors on the Ardent board.

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.

Mirvac continues to see a "fundamental" undersupply of housing in Sydney and Melbourne.

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.

A local private syndicate has snapped up the only NSW metro asset in the national portfolio of 15 blue-chip retail ...

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.

Prime Partners has leased a 257sq m office at Suite 402, 1 James Place, North Sydney, from North Sydney Council.

Leasing Ladder

Macquarie Park, Chatswood, North Sydney, Sydney and Camperdown.