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.
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.
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.
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.
Sydney's mortgage bill hotspots revealed
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.
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.
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.
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.
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.
Charter Hall has walked away from a potential deal with Westpac's $14.3 billion infrastructure investment business, Hastings Management
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 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.
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.
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.
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.
Ten former Masters stores across the country will reopen as shopping malls in time for Christmas, with another 30 to follow in 2018.
The urbanisation of cities and the growth in demand for online goods, serviced by Amazon, will be the focus for Propertylink
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 has benefited from the turnaround in performance of its main supermarket tenants
Diversified property group GPT has lifted its full-year earnings guidance to 3 per cent based on stronger market conditions.
One of the last remaining development sites in Toorak Village has sold for $7.3 million.
Parramatta is set for a new $230 million office tower
Investors have poured $29 billion into office, retail, industrial and hotel assets in the past year.
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 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.
Tiger Tribe offers an antidote to screen time.
Many decision-makers harbour biases against accents different to their own.
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