Dexus, Mirvac tip 10 per cent office rent growth
Office landlords are in the box seat, with office rental growth forecast to rise by 10 per cent in the coming year as demand outstrips supply.
Office landlords are in the box seat, with office rental growth forecast to rise by 10 per cent in the coming year as demand outstrips supply.
Abacus Property group run by industry veteran Frank Wolf has snapped up a fully-leased Port Melbourne office for $43.5 million.
Property owners are looking to cash in on changes to Melbourne's planning rules by offering lucrative permitted development sites to the market.
Developer Mulpha is to embark on a $3 billion expansion of its Norwest Business Park to create a smart city and participate in the growth of the western Sydney corridor.
The median price of residential land in Sydney has topped $1051 a square metre setting a new benchmark.
Fletcher Building shares have been placed in a trading halt at the company's request, as the construction giant considers the financial performance of one of its key business units.
The imminent arrival of Amazon, tough retail trading conditions and wary consumers have not put investors off retail shopping strips.
Bids for Amazon's second headquarters came from all but seven US states, as well as most of southern Canada, three regions of Mexico and Puerto Rico.
Home sales across Australia's capital cities have risen slightly in the past week, but the market remains soft and prices steady.
The RBA signalled it is more comfortable with the wave of high-rise construction in the other east coast capitals.
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.
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.
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.
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 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.
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 businesses are quickly taking up the spaces in city towers where the big corporates once sprawled.
When it comes to designing for primary school children, the adage is generally 'bright and cheery', with the palette centred on primary colours.
There are nine weeks until Christmas, but a lot less for the arrival of the online retail disrupter, Amazon.
New online investment platform, iPartners Pty Ltd, has launched its second offer to investors
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.
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.
The first three months of the 2017-18 financial year has seen unprecedented demand from commercial and residential property developers seeking short-term finance.
GLADESVILLE $175 sq m gross.
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.
Diversified property giant Lendlease has sold a quarter of its retirement living business.
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.
An office occupied by Centrelink and Medicare in Rosebud has sold for $4.415 million on a tight yield of 5.67 per cent.
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.
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.
Greg Carter had only $30 to his name when he met his mate for a pint at the pub.
If the Labor Party wins the next election family trusts will still be a viable option
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