Today
The man who made millions selling Christmas
Tim Clarkson has carried on a 130-year-old family business by being the biggest player in the $50 million-plus Christmas decorations market.
- Campbell Kwan
This Month
- Exclusive
- Rural property
Green Bank, global investors pile into $450m forestry and ag raising
The CEFC has put $75m into a new forestry and landscape fund that intends to generate a chunk of its return from carbon and renewable energy.
- Larry Schlesinger
Saudis put Western Australia’s largest grain operation up for sale
Spread across a swath of the wheat belt, marketing of the $200 million property caps a busy 12 months for major agriculture transactions in the state.
- Larry Schlesinger
In central London, a big bet on a return to the office
Developers expect a forecast jump in jobs in London’s financial heart will support demand for office space regardless of whether hybrid work remains the norm.
- Eshe Nelson
Farmland returns fall below 1pc as rate rises, weak beef prices bite
Over the 12 months to September, prime farmland delivered a total return of just 0.2 per cent as income distributions fell and capital values slid backwards.
- Larry Schlesinger
- Exclusive
- Rural property
Costa family backs $120m raising for Riverina almond project
Agricultural investor goFARM has acquired 1800ha of irrigated holdings near Griffith, including the 700ha Stephendale vineyard, which will make way for almonds.
- Larry Schlesinger
Engineered stone ban must focus on silica levels: producers
The country’s largest supplier of the potentially lethal product is pushing for a solution that would allow its low-silica alternative.
- Michael Bleby
The $225,000 containers Silicon Valley is banking on to fix housing
In the US’ most expensive metropolitan area for housing, city streets are getting tiny homes made from repurposed shipping containers.
- Nadia Lopez
Lendlease mall investors finally get their money back
The $390 million sale of Cairns Central brings to a close a protracted effort by Lendlease to raise capital to meet redemption requests in its flagship shopping centre fund.
- Campbell Kwan and Nick Lenaghan
Big office landlords hungry for restaurants: steakhouse king
Seagrass Hospitality, which operates restaurants like Meat & Wine Co, is partnering with Dexus and Brookfield on new steakhouses in their office towers.
- Larry Schlesinger
Rich Lister Harry Triguboff books 9 per cent dip in profit
Mr Triguboff’s Meriton Properties’ bottom line profit fell 9 per cent to $290 million, as income apartment sales dipped and management costs rose.
- Campbell Kwan
- Exclusive
- Property development
Victoria failing its housing target, property groups warn
Property groups will warn a Victorian housing summit on Thursday that the state government’s ambitious plan to build 80,000 new homes a year is not on track.
- Patrick Durkin
- Exclusive
- Commercial property finance
Sam Arnaout arrives at Hudson House, headquarters of the very rich
The billionaire publican has snapped up the offices once occupied by late television king Reg Grundy, signalling a changing of the guard among Sydney’s rich.
- Primrose Riordan and Campbell Kwan
Why Haben expects a Townsville mall to deliver an 8.5pc return
A flurry of mall deals has kicked off the week, including Stockland divesting its Townsville mall to Haben and Charter Hall divesting two malls for a total of $225.5 million.
- Campbell Kwan and Larry Schlesinger
Industrial vacancy rate rises for first time in five years
The modest increase in the industrial vacancy rate to 1.1 per cent nationally will slow down the pace of rental growth and increase choice for occupiers.
- Larry Schlesinger
Your office could double as a data centre – with free hot water
Liquid-cooled server racks can create opportunities in technology and real estate as demand for computing power grows with artificial intelligence.
- Michael Bleby
How to collect a 10pc investment yield from a Brisbane office tower
With office markets battered by falling values and weaker sentiment, fund manager Elanor has seized on a counter-cyclical opportunity for its investors.
- Nick Lenaghan
Dexus taps Du Vernet to replace long-serving CEO
The ASX-listed landlord’s chief investment officer has been appointed to lead the company amid generational change across the sector.
- Nick Lenaghan
Investors could net over 7pc returns from shopping mall deals
Greenpool Capital and Fawkner Properties have engaged in retail property deal activity to get compelling returns.
- Campbell Kwan
- Exclusive
- Construction
Meet the builder aiming for a 5pc profit margin
The global average EBIDTA margin for builders is 1.8pc, but Hickory boss Michael Argyrou says it’s time for developers to take on more risk.
- Michael Bleby
