Home sales higher after holiday slowdown
Home sales bounced higher across the capital cities in the past seven days, but the clearance rate continues to track lower compared to a year ago.
Property
France's Accor lobs $1.2b offer for Australian hotel group
French-based Accor hotel group has lobbed a $1.2 billion takeover offer for Mantra Group, Australia's second-largest hotel operator in the small to medium asset sector.
Sydneysiders in revolt over development as two thirds declare the city is 'full'
The finding comes amid tensions within the NSW government over how to meet a housing shortfall.
'It was always going to happen': Sydney's disappearing freestanding homes
The demand for well-located land has transformed the economics of housing in Sydney.
German giant buys supermarket site to enter Australia
Australia's fiercely competitive grocery sector is set for another shakeup after German giant Kaufland purchased a landmark South Australian site for its first major supermarket.
Largest shed in southern hemisphere gets 6 Green Stars
One of the largest sheds in the southern hemisphere, a half-a-kilometre-long storage and distribution facility the size of eight MCG playing fields, has won a 6 Star Green Star As Built rating.
Hotels hit market as pub sector heats up
The Royal Hotel in Melbourne's Sunbury, leased to Woolworths-backed operator ALH Group, is to be offloaded by a private NSW investor, hot on the heels of another ALH-operated pub, the Berwick Inn, hitting the market.
The $8b exodus: Queensland cashes in as Sydneysiders sell up
Sydneysiders are cashing out of their million-dollar homes in favour of cheaper houses in the tropical north, says Macquarie Bank.
At the ABC, F is for Friday flexibility
Michelle Guthrie likes to spends Fridays away from the office, preferring to work from home.
Industrial property captures high returns for investors
In one of the largest industrial property leases for some time, DV Schenker, a large multi-client contract logistics business, has leased a former Masters distribution facility for the next decade.
City fringe assets in hot demand
Investors are expected to pump more than $170 million into the city fringe sector through the sale of development sites and office towers.
Radiant CBD heat warms up fringe office
Intense competition for CBD office properties in Melbourne and Sydney is creating a surge of activity in fringe office markets.
Combined home sales to yield owners more than double the usual price
Amalgamation of seven individual homes in Sydney's inner-west suburb of Burwood is set to yield the owners a bumper profit.
Strata sector moving back into the spotlight
The strata office sector has been overshadowed by the big ticket asset sales in the past few years, but with interest rates low, small to medium business are now moving from leasing to owning these smaller suites.
David Jones turns to food halls to spice up sales
Upmarket department store chain David Jones has opened its next generation site at GPT Group's Wollongong Central, which features a new food concept.
Ten-level mixed-use village plan for Mount Waverley freeway site
A local investor has snared one of south-east Melbourne's most prominent corners in an off-market deal speculated to be worth more than $25 million.
Deals and deeds
HUNTINGWOOD $5.2m.
How long can this party last?
With Commercial Office Landlords in Sydney in the grip of a perfect storm of low supply, buoyant demand and rising rents, it might be time to pause and consider those events which could put a stop to this record period of bliss.
Baby Boomers look to larger apartments
Investor-driven apartments have boosted the apartment market for many years, but increasingly, owner-occupiers, wanting to scale down in their own suburbs, are taking over.
Japanese hotel group plans big expansion in Australia
The $55 million purchase by Prince Hotels, a subsidiary of Japanese Seibu Holdings, of the Australian-based operator Staywell Hospitality Group, will be the grounds for expansion across the country.
Cromwell reaps $276m for Investa stake
In the second time in the space of two weeks, Cromwell Property has stepped away from a potential deal, this time exiting its long-held 9.9 per cent stake in the listed Investa Office Fund for $276 million.
Sydney house prices tipped to fall by 2 per cent in the next four months
Weakening consumer confidence is pointing to a slowdown in capital city house price growth, an economist says.
Australian investment group goes shopping with $4b spree on US malls
Brisbane-based Queensland Investment Corporation has expanded its international presence with a $US3.17 billion ($4 billion) deal with its joint-venture partner, Forest City Enterprises (FCE), in 10 US regional shopping malls on behalf of a client.
Growthpoint offloads Woolies as Ascot Capital snaps up $32m portfolio
Growthpoint Properties Australia has moved to offload Woolworths' Victorian distribution centre and head office in Melbourne's eastern suburbs.
Office leasing markets in boomtime sweet spots
Investors have bought more $67 million worth of office assets in key Sydney and Melbourne locations in the past week
Investors banking on blue-chip retail assets
Investors were banking on the CBA when five keen buyers pushed auction bidding of 49-51 Puckle Street to a steep price of $6.1 million.
$60m petrol portfolio to fuel investor appetite
The bulk of the fuel outlets on offer, anchored by Shell, BP, Caltex, Viva Energy and United Petroleum, are located in Victoria, with three in New South Wales and one in Queensland.
Queen Vic Market makeover spurs nearby site sales
The prospect of a development boom around the Queen Victoria Market has prompted a flurry of property sales among adjoining landowners.
Glorious Sun rises over St Kilda Road office tower
An eight storey office tower on Melbourne's premier St Kilda Road boulevard has been snapped up by Hong Kong conglomerate Glorious Sun.
Have Sydney house sellers left their run too late?
Sydney and Melbourne sellers are facing two very different challenges as they rush to get their property on to the market.
Small Business
Selling champagne travel on a beer budget
Australians love a bargain holiday.
Phone snubbing: how to tell you're doing it
Are you distracted by your smartphone when really you ought to be concentrating on the person next to you?