Skip to navigationSkip to contentSkip to footerHelp using this website - Accessibility statement
Advertisement
Property

Commercial

Today

Tim Clarkson with Santa at Westfield Warringah Mall.

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

New Forest is one of the world’s largest timber plantations owner.

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
Merredin Farms is the largest wheat growing operation in WA.

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
Beef cattle prices have more than halved since the start of the year.

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
Advertisement
goFARM has bought the Stephendale Vineyard near Griffith and will pull out all the vines.

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
Caesarstone Asia-Pacific managing director David Cullen.

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
Quick-build modular housing units at the Guadalupe Emergency Interim Housing community in San Jose.

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
Inside Cairns Central. Its 186 tenants generate total sales of $492 million annually.

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
Bradley Michael, CEO of restaurant operator Seagrass Hospitality at 6HEAD in Sydney

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
Meriton founder Harry Triguboff.

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
Victorian Premier Jacinta Allan.

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
Billionaire Sam Arnaout has a stake in casinos, property developments and a number of hotels.

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
Stockland Townsville is now fully owned by Haben.

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
Advertisement
Investors are pouring billions into data centres.

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
The combined REIT will include office tower assets in Brisbane as well as suburban malls.

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
Fawkner is expecting Settlement City to provide a distribution yield between 7 per cent and 7.25 per cent.

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
Benni Aroni and Michael Argyrou from Hickory

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