Home sales rise but market remains soft
Home sales across Australia's capital cities have risen slightly in the past week, but the market remains soft and prices steady.
Property
'That's an awful lot of apartments': RBA calls out Brisbane glut risk
The RBA signalled it is more comfortable with the wave of high-rise construction in the other east coast capitals.
Multiple servos sell in portfolio auction
Three service stations and a bank-leased building have sold for $14.4 million in the latest portfolio auction under the banner of Cushman & Wakefield.
Burst water main closes city building
A burst water main in Swanston Street has forced the closure of a prominent 14-storey office block for nearly six weeks, with uncertainty about when the building will reopen.
VBA unclear on class action payout
Victoria's building regulator hasn't set aside contingency funds for an unprecedented class action lawsuit launched against it by 36 disgruntled homeowners last May, its annual report shows.
Childcare centre deals tip $300m
A gold rush on childcare centres is building with investors lured by the promise of long 20-year lease terms in a market underpinned by government subsidies.
Lendlease forms $US400m telco towers fund
Lendlease Group has expanded its footprint into the telecommunications sector with an infrastructure joint venture with SoftBank Group to develop and own $US5 billion ($6.3 billion) worth of telecom infrastructure assets in the United States.
The rise of Sydney’s city fringe suburbs
It is no secret that metropolitan/suburban fringe areas of Capital cities are undergoing a significant level of infrastructure spend not witnessed for many decades.
Small biz tenants soak up space
Small businesses are quickly taking up the spaces in city towers where the big corporates once sprawled.
St Monica's focuses on students in transition
When it comes to designing for primary school children, the adage is generally 'bright and cheery', with the palette centred on primary colours.
Amazon's arrival, like Christmas, is not that far away
There are nine weeks until Christmas, but a lot less for the arrival of the online retail disrupter, Amazon.
iPartners launches second $9m fund
New online investment platform, iPartners Pty Ltd, has launched its second offer to investors
Builder fights fix for potentially flammable towers
Thousands of people are living and working in six potentially flammable Melbourne high-rise towers while authorities argue with builders in court over who should fix them.
Octogenarian sells site 31 years in the making to Perri Projects
Two years after it hit the market before being withdrawn, a unique city development site of seven neighbouring properties that took the vendor 31 years to amalgamate, has found a buyer.
Demand rising for bank finance alternatives
The first three months of the 2017-18 financial year has seen unprecedented demand from commercial and residential property developers seeking short-term finance.
Leasing Ladder
GLADESVILLE $175 sq m gross.
Moody's warns housing affordability deteriorating
Ratings agency Moody's Investors Service has warned that housing affordability for a new borrower, measured as the proportion of household income needed to meet mortgage repayments, has deteriorated.
Lendlease offloads $470m stake in retirement business
Diversified property giant Lendlease has sold a quarter of its retirement living business.
Nissan offloads its old headquarters for $35m
Nissan is the latest car manufacturer to sell a redundant Australian site, offloading its 11.4 hectare local headquarters and adjoining warehouse distribution centre in Dandenong South, Melbourne, to a private syndicate for a speculated $35 million.
Investors pay premium for government-leased buildings
An office occupied by Centrelink and Medicare in Rosebud has sold for $4.415 million on a tight yield of 5.67 per cent.
Burwood mixed-use site adds to amenity improvement program
A mixed-use development site within the Parramatta Road Precinct, Burwood, is the latest to test market interest for combined lots, with price indications said to be more than $20 million.
Debenhams dives into tough retail market
UK retailer Debenhams is opening its first Australian store in a cutthroat market, offering a suite of exclusive designers and new services and technologies to attract customers.
Moody's gives big ratings tick for REIT sector
Ratings agency Moody's Investor Service has given the Australian real estate investment trusts (A-REITs) a clean bill of health.
Bitcoin the currency of choice in $30m London mansion sale
A multimillion-pound London mansion, due to go on sale this month, could make British property history - by selling for the digital currency bitcoin.
Solly Lew tells Myer to fess up on sales
Premier Investment's Solomon Lew has fired a sharp shot across the bow of Myer, saying it should issue its quarterly sales prior to a planned strategy day on November 1, to keep the market informed.
Australia's 55-year house price 'upswing' the longest in the world: BIS
The long-term rise in Australian house prices since the early 1960s has been the most sustained property market upswing in the world in recent decades, research finds.
NBN arrives at Dexus' North Sydney office
North Sydney is back on its feet and returning to its former glory as the entertainment and tech hub following the arrival of NBN's head office at the Dexus-owned 100 Mount Street.
Hotels find new frontier in the suburbs
QIC's freshly revamped $1.2 billion Eastland in Ringwood has beaten rival behemoth Chadstone to open the first Victorian hotel on top of a shopping centre.
RBA warns of rising risks in property investments
The Reserve Bank has warned about areas where it sees "potential risk" in the property investment market.
Finally! Woolworths extricates itself from Masters mess
Three former Masters stores have sold for $70 million just as retail giant Woolworths announced it had finally extricated itself from its ill-fated and costly foray into the home hardware business.
Small Business
Inside the million-dollar entrepreneurs club
The doors are opening up to encourage more diversity in this exclusive entrepreneurs networking group.
Court rubbishes JJ Richards small business contracts
Competition watchdog's first small business unfair contracts action produces result.