A newly-minted former city-fringe landowner has splashed out $53.75 million at a portfolio auction, spending part of a multi-million windfall from the sale of a farm on two childcare centres and two supermarkets.
Home prices in the nation's major cities rose only marginally in August as Sydney's blistering run stalled, a tentative sign of cooling that would be a relief to regulators seeking to head off a debt-driven bubble.
Dozens of new homeowners have found a way to avoid the home-hunting 'just beyond reach and too expensive' or 'missing out at auction' nightmare.
It has been dubbed lipstick wars in the past, but now the retail landlords are embracing the cosmetics sector as one of the most favoured tenant in their malls.
Ownership of retirement properties is set for a major shake-up with operators looking to gain funds for growth through the introduction of capital partners.
Tower projects proposed by developers Fridcorp and Piccolo have been knocked back by the state appeals tribunal on the grounds of size, while an historic 19th century industrial building on the CBD-fringe is ready for the wreckers.
AccorHotels has rebranded the HW Boutique Hotel to ibis Styles Port Macquarie and will operate under a franchise agreement
There has been a lot of talk about Parramatta in the press of late, and for a good reason.
The owner of Dreamworld has flagged a more "measured" approach to the next phase of its US expansion as its entertainment centres in Houston took a hit from Hurricane Harvey.
Georges Department Store in Collins Street was once a mecca for shoppers in the post-war period.
Salta Group has made a strategic property play buying a 1761 square metre open-air car park adjacent to its Preston Market, one of the northern suburb's most prominent sites, which it has owned for decades.
The Republic of Turkey has been forced to pay a Melbourne builder $693,824 after losing a damages claim over its consul's palatial $4 million Toorak mansion.
ALEXANDRIA $180 sqm net.
Wednesday, September 6th was the 101st birthday of the supermarket.
Parramatta, the capital of western Sydney, is throwing down the gauntlet to the east, after the green light was given to a $225 million mixed-use project to revamp the rundown former Auto Alley in Church Street.
German industrial giant Siemens and paint manufacturer Dulux are set to off-load property into the hottest market since the global financial crisis.
A corner property leased to The Good Guys, Goodyear and Burson Auto in Melbourne's Hoppers Crossing has sold for $11 million.
The Dreamworld theme park tragedy has hit the hotel sector, with Australia's largest listed resort and hotel operator Mantra Group reporting "challenging" conditions on the Gold Coast, although the group's net profit was still up nearly 23 per cent on the previous year to 45.6 million.
The rise in the use of online shopping has led to a boom in demand for industrial property with take-up of warehouse space likely to hit record levels by the end of the year, according to JLL.
Property owners are taking advantage of the strong demand for higher-yielding bricks and mortar assets with more than $410 million being offered
Sydney's hotels have been "standout performers" this year, but a surge of new hotels in Melbourne has reduced occupancy levels in the southern capital.
Significantly fewer new apartments were sold in Australia in July, contributing to a slide in new home sales for the month.
Thirsty investors lapped up a liquor store in South Caulfield, which sold for $3.6 million on a very tight 2.8 per cent yield.
Global developer and infrastructure group Lendlease says it will focus on the build to rent sector.
Signs are now emerging that the capital inflow from China to Australian property is slowing, but is being offset by Singaporean investors.
Property and Infrastructure company Lendlease has been appointed project manage for the delivery of 15 competition venues for the Gold Coast 2018 Commonwealth Games.
Scentre Group has opened its Westfield malls to 100 new retail brands as it looks to entice shoppers to the centres.
A boutique Melbourne developer has taken Planning Minister Richard Wynne to the state planning tribunal, for failing to make a decision on the apartment and hotel project with twin 40-storey towers in Fishermans Bend.
A popular inner-city Melbourne pub, the East Brunswick Hotel, has hit the market.
CBRE Global Investors is the latest buyer to make a splash in Australia’s east coast office market, purchasing a B-grade Melbourne tower for more than $250 million.
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The trend is allowing giant malls to rip the character from suburbs.