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.
A Carlton building described by Victoria’s planning minister as “too tall and bland” gets a development permit.
Two buildings have changed hands for a combined $175.5 million.
Data centre operator buys land for three new capital city facilities at a cost of around $170 million.
The oldest building on the Bourke Street Mall is up for sale.
The Foxtel HQ is on the market with a newly signed four year leasing deal in place.
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.
The redeveloped former Town Hall hotel in Balmain, is set to test the market as a freehold fully-leased mixed-use property.
“Fortress malls” will need to keep spending large sums on shopping centre upgrades to fend off the threat of online shopping.
Deals and deeds
Developer Tim Gurner is set to launch a 32-unit apartment project at the Spanish Club on Johnston Street, Fitzroy.
Another significant land deal is speculated to be taking place, affecting a Bulla site in Melbourne’s north-west.
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.
Teaching methods have changed significantly since the 1950s, when St Michael’s Parish School in Ashburton came into existence.
LOGOS Property and Dexus are undertaking expansion in the booming industrial property sector with large, long term leases.
A family's horse paddock has sold for around $13 million to a Malaysia-based developer.
The RBA will offload a prime Collins Street building in Melbourne in a move that will boost government coffers by about $110 million.
Virtus Property Group pocketed an 88 per cent windfall on a south east Melbourne industrial property in the space of six months.
The Blazing Stump Hotel at 4327 Anzac Parade has sold for $6 million, fetching a strong regional hotel yield of 6.76 per cent.
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
Transit hubs, like hospitals and airports, are the new frontiers for retailers.
Large format retail centres are no longer solely the preserve of furniture and electrical goods.
Barangaroo may be the poster-child of Sydney’s rejuvenation, but another contender is set to hog the development limelight.
Industrial suburbs account for most of the spare capacity, but many warehouse aren't built to carry the weight.
A Carnegie restaurant/café gets its name, ‘Sibling Spice’, from the twin children its owners recently had and follows up with a childhood theme.
A myriad government-backed incentive schemes and mounting evidence of positive energy results for tenants fail to convince landlords.
Two of Australia’s largest industrial developers are restocking their land banks, doing deals worth $130 million.
Augmented reality and virtual reality technologies are starting to change shopping practices.
A Chinese investor-developer purchased a 2,122 sq m block opposite Deakin University’s Burwood Highway campus for $6.5 million.
The impact of fintechs is spreading in the Australian market.
Small business confidence is holding steady at one of the highest levels recorded in the last seven years.