Scape wins case over tall 'bland' tower
A Carlton building described by Victoria’s planning minister as “too tall and bland” gets a development permit.
Property
City fringe office markets shine
Two buildings have changed hands for a combined $175.5 million.
NextDC buys sites for three new 'cloud' data centres
Data centre operator buys land for three new capital city facilities at a cost of around $170 million.
Bourke Street Mall's oldest building up for sale
The oldest building on the Bourke Street Mall is up for sale.
Foxtel's Moonee Ponds office on the market
The Foxtel HQ is on the market with a newly signed four year leasing deal in place.
WeWork expands in Sydney city
WeWork, the co-working office space giant, has expanded its footprint in Sydney with a new lease at the HCF building, 64 York Street, Sydney.
Former Balmain Town Hall pub to test the market
The redeveloped former Town Hall hotel in Balmain, is set to test the market as a freehold fully-leased mixed-use property.
Fortress malls under siege as they lose appeal with investors
“Fortress malls” will need to keep spending large sums on shopping centre upgrades to fend off the threat of online shopping.
Deals and deeds
Deals and deeds
Spanish Club revamp comes to market
Developer Tim Gurner is set to launch a 32-unit apartment project at the Spanish Club on Johnston Street, Fitzroy.
Another major land deal in the works
Another significant land deal is speculated to be taking place, affecting a Bulla site in Melbourne’s north-west.
John Singleton cashes in with Sydney airport billboards sale
Advertising magnate John Singleton and property developer Robert Whyte are set to reap upwards of $60 million from the sale of 17 billboards at the Sydney airport precinct.
Ashburton school gets a makeover
Teaching methods have changed significantly since the 1950s, when St Michael’s Parish School in Ashburton came into existence.
LOGOS secures Volvo at Prestons Logistics Estate, Sydney
LOGOS Property and Dexus are undertaking expansion in the booming industrial property sector with large, long term leases.
Horse paddock relinquished for millions
A family's horse paddock has sold for around $13 million to a Malaysia-based developer.
Reserve Bank to sell Melbourne headquarters
The RBA will offload a prime Collins Street building in Melbourne in a move that will boost government coffers by about $110 million.
Virtus pockets 88 per cent windfall in six months
Virtus Property Group pocketed an 88 per cent windfall on a south east Melbourne industrial property in the space of six months.
Blazing Stump Hotel sells for $6m
The Blazing Stump Hotel at 4327 Anzac Parade has sold for $6 million, fetching a strong regional hotel yield of 6.76 per cent.
Cricket HQ and CBD tower bowl for buyers
Australia’s cricket reputation may have been knocked for a six but that hasn’t stopped the sport’s governing body putting its head office up for sale.
Leasing ladder
Leasing ladder
Transit retail hitting the mark as train stations multiply
Transit hubs, like hospitals and airports, are the new frontiers for retailers.
Shifting strategy for large format retail
Large format retail centres are no longer solely the preserve of furniture and electrical goods.
Circular Quay's 50-storey glass skyscraper set to rival Barangaroo
Barangaroo may be the poster-child of Sydney’s rejuvenation, but another contender is set to hog the development limelight.
Half of Australia's roofs suitable for solar, research suggests
Industrial suburbs account for most of the spare capacity, but many warehouse aren't built to carry the weight.
Sibling Spice follows childhood theme
A Carnegie restaurant/café gets its name, ‘Sibling Spice’, from the twin children its owners recently had and follows up with a childhood theme.
Landlords reluctant to invest in energy-efficiency projects
A myriad government-backed incentive schemes and mounting evidence of positive energy results for tenants fail to convince landlords.
Tight east coast industrial market drives $130m deals
Two of Australia’s largest industrial developers are restocking their land banks, doing deals worth $130 million.
Retail poised for new technology revolution
Augmented reality and virtual reality technologies are starting to change shopping practices.
Developers back student housing near suburban universities.
A Chinese investor-developer purchased a 2,122 sq m block opposite Deakin University’s Burwood Highway campus for $6.5 million.
Small Business
Fintech adoption speeds up in Australia
The impact of fintechs is spreading in the Australian market.
Copper wiring proves durable for small telco
Small business confidence is holding steady at one of the highest levels recorded in the last seven years.