Cbus deal confirmed as Chip Eng Seng sells
Cbus Property has snapped up a $1 billion development site in the heart of Melbourne from two rival Singaporean property powerhouses.
Property
Order of Buffaloes sell clubhouse to developer and racing identity
Race horse owner, developer and hotelier Ozzie Kheir has bought the former clubhouse of the Royal Antediluvian Order of Buffaloes for $6.25 million.
Showdown on Church Street: Tarascio vs Zagame
Two Melbourne businessman are expected to show great interest in a Richmond property between their two respective development sites.
Quintessential's opportunity fund ready to roll
Quintessential Equity has raised more than $100 million to spend on distressed properties.
Savvy young property professionals set high standards
Young property professionals with new skills, speed and IT savvy win the pay stakes
Investors line up for medical clinic
A medical clinic in Point Cook, on a large parcel of land, has fetched $9.3 million.
Froth subsides amid concerns about childcare oversupply
Too much hot money has seen excessive development and peaking valuations at a time of low wages growth.
Market wrap: Business targets warehouse to office conversion
A two-level heritage warehouse converted to an office in North Melbourne sold for $3.21 million.
John Holland helps Dexus kick off new Melbourne office tower
Diversified property group Dexus will kick off construction of a new $300 million office tower opposite Melbourne’s Federation Square.
Shop yields dive as investors punt on retail
Despite gloomy retail spending figures, investors continue to buy strip retail.
Foreign owners help Australian farms 'flourish'
Seller of a beef company with land holdings bigger than Switzerland says local buyers will get a fair chance to bid but that offshore owners should be welcomed.
Office landlords being dealt out of rent gains
Office landlords are facing a double-edged sword.
Office tower first cab off the rank in "new" North Melbourne
A 13-storey office with supersized floorplates may be the first investment-grade asset built in the proposed precinct known in planning circles as Arden, but which will eventually be the new North Melbourne.
Deals flow for Telstra's Collins Street space
Telstra is moving staff out of 35 Collins Street.
Church sells Glen Iris site for $9.5mz
The Churches of Christ has offloaded a major corner site in Glen Iris for $9.5 million.
Greek precinct building sells for $10m
A three-storey Victorian-era building in the heart of Melbourne’s Lonsdale Street Greek precinct has sold for $10.15 million.
New height controls to protect Johnston Street
The state government has slapped height controls on popular inner-city Johnston Street.
IOOF pounces on logistics sites for $20m
Acquisitive listed investment manager IOOF has struck a rare “two for one” deal, purchasing two adjacent industrial sites in Altona North.
Tax Office looks for new eastern seaboard digs
The Australian Taxation Office is seeking major new office space as it reconsiders the location of more than 4300 staff in buildings across three states.
Shops sparkle for real estate investors
The Stearns Showcase Jewellery store in Bendigo sparkled for one investor who snapped it up for $1.050 million.
Stockland and McDonald's team up at Parramatta
Property developer Stockland has teamed up with fast food giant McDonald's to develop a multi-million urban project with plans of 350 new apartments.
Bulla Dairy's $19m sale whips industrial land values
Ice cream maker Bulla Dairy has sold a large development-ready greenfield site in Melbourne’s west for an estimated $19 million.
MYOB footprint over Cremorne
Accounting technology firm MYOB is shifting the remainder of its workforce to the Cremorne precinct.
Airbnb home owners warned of 'discriminatory' capital gains tax
Tax experts highlight the “discriminatory” capital gains tax treatment of home owners using shared economy sites such as Airbnb.
'Flawed' models underestimate industrial demand
Key markets face a potential supply shortage, especially in the land-constrained Sydney where residential rezonings have been favoured over industrial ones.
Landream buying Craigieburn site for $90m
A lucky local family with the insight to buy an enormous and strategic block in Craigieburn, when the northern suburb was mostly farmland, has sold it, for a price believed to be more than $90 million.
Gallery space mixes indigenous art with designer furniture
Wilson Street in South Yarra is slowing evolving after decades of being dotted with factories.
Soul Patts Pitt St Mall chemist to close after 145 years
Soul Pattison chemist on Pitt Street Mall is set to close its doors in June after 145 years of operation following the sale of the building
'Trafficable' lawn, painted concrete: South Perth's new urban design era
"Paint cannot be defined as a structural element ... a car park is not landscaping."
CBUS set to swoop on $1b development site
Superfund-backed developer CBUS Property is poised to take control of Melbourne’s most coveted development site in a $1 billion-plus opportunity.
Small Business
A French baker is fined $4700 for working too hard
In France, everyone is required to take a day off per week. Even if you run your own business.
'Compliance with the law is somehow voluntary': Banks slammed on unfair contracts
ASIC's release of guidance on unfair small business contracts has put lack of compliance by lenders in the spotlight.