Does Lowy's deal signal that shopping malls have had their day?
The same week Queen Elizabeth knighted him, the market crowned him the prince of property
The same week Queen Elizabeth knighted him, the market crowned him the prince of property
ASX-listed office, retail and industrial behemoth GPT has parked plans to rollout 30 megawatts of solar capacity over dozens of rooftops.
Less than week after being knighted by the Queen, Australia's king of retail malls, Frank Lowy, is abdicating this throne.
A Fishermans Bend high-rise project has been given the green light after the developer took planning minister Richard Wynne to the tribunal.
Bankstown Sports Club in a $55 million upgrade
Mini golf course and cocktail bar, Holey Moley have leased a new space under the Coca Cola sign in Kings Cross.
Europe's largest listed commercial property company agreed to buy Sir Frank Lowy's Westfield Corp in a $US24.7 billion ($32.8 billion) deal.
The Aussie property boom is nearing its end, with housing price growth to run in the low single-digits in 2018, a leading economist says.
One in five apartments in Sydney is now occupied by couples with children.
It's official, the Barangaroo precinct has its own eco system.
Sydney's Sirius building set for a new era
Wellness, technology and human interaction are desired in offices.
Strata sales are on the rise.
Restaurateur Ronnie Di Stasio, who is heralded with contributing to the city's cafe laneway culture when he co-established the popular Rosati's in 1985, is returning to the Melbourne CBD after a hiatus of more than two decades.
Apartments are expected to fill the block at 81-89 Bay Street which for years has been occupied by The International reception centre.
The Hickory Group is moving swiftly on plans to build a 10,200-square-metre, $50 million office building in South Melbourne despite having no committed tenant.
A new winery, Pt Leo Estate, celebrates the sculpture collection of property mogul John Gandel.
Sydney's hotel market is set to expand with Multiplex completing construction of West Hotel, Curio Collection by Hilton.
Investors are expected to swoop on a retail building at Auburn in Sydney's west.
Upmarket Italian ready-to-wear powerhouse Versace has set up shop in Melbourne’s Collins Street, taking space next to another European luxury brand, Gucci.
Centuria Metropolitan REIT has expanded its footprint with the purchase of two new office assets
The nurses' union has paid a premium $7.295 million for a North Melbourne pub it is planning to redevelop for accommodation.
Private developer RCL Group has sold a yet-to-be-built Bunnings in Melbourne's northern suburbs for around $25 million.
Fierce competition for a Toorak shop - for sale for the first time in 40 years - pushed its price to $3.75 million, about $1.5 million over the reserve.
The listing by McGrath real estate advertised private off-street and driveway parking, but after handing over $9.4 million for the Bellevue Hill property, the buyers found trucks parked outside.
Two weeks after saying it was off the market – which was five months after it was listed for sale – local investor Michael Lasky is offloading a major Victorian retail asset for a speculated price of more than $40 million.
Property billionaire Maurice Alter has moved to offload a half share in two recently-upgraded Melbourne shopping centres, taking advantage of strong investor appetite for prime retail malls.
Home prices across Australia's major cities were flat for a second month in November as regulators' efforts to rein in investment lending triggered a reversal in the once-euphoric Sydney market.
The Andrews government has struck a landmark deal with developer Villawood, swapping a cash contribution to its infrastructure fund for a 3.5-hectare school site in Truganina.
The cashless society is here and shopping centre landlords and tenants are now bracing themselves for the next phase - the exit of ATMs from malls.
These silly management trends all deserve a quick death.
Business owners who are up at sparrows can manage their energy levels so they remain productive until the end of the year.
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