Latest
Australian Unity Office Fund in exclusive DD for St Kilda property
Street Talk understands the $220 million market cap fund is in exclusive due diligence with a buyer for its St Kilda Road property.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Press ‘go’ on the $20b boom in renewables development
Renewables construction will hit $20 billion annually by 2026/27 as the country races towards ambitious carbon targets and coal-fired power stations close.
- Nick Lenaghan
- Exclusive
- Hotels
Collins Street tower to appeal to return-to-office ‘boltholers’
Developer Sterling Global believes corporate high-flyers commuting into town from regional locations on a more regular basis will want a CBD bolthole.
- Larry Schlesinger
Meet the Montreal mayor who declared war on SUVs
The ongoing expansion of vehicle size is causing consternation in North America. More than four out of every five new cars sold there is either an SUV or a pickup truck.
- David Zipper
Accor readies Melbourne Airport hotel and co-working hub for take-off
The hotel offering of 464 rooms across two Accor brands – a Novotel and ibis Styles – will include a two-level co-working hub when it opens on July 1.
- Larry Schlesinger
- Exclusive
- Industrial
ISPT to put $250m of logistics sites on the market
The super fund investor is trying to turn around its flagship fund by selling three industrial sites. It plans to recycle that capital into larger sites.
- Campbell Kwan
How it Sold
First home buyers purchase from investors in $780,000 sale
This Central Coast home’s proximity to the M1 highway made it popular with tradies commuting to Sydney – and with rates outlooks stabilising, they were confident about buying.
- Michael Bleby
The complicated $1.8m sale of a ‘gamble’ that didn’t pay off
A suburban family bought their neighbours’ house to give them a larger block, but when interest rates went up further something had to give.
- Michael Bleby
Luxury Property
The top suburbs where home values have bounced out of decline
House prices in some top-end suburbs have bounced back from falls in the previous quarter as demand rises amid lack of stock.
- Nila Sweeney
Old guard of US beachfront revolts over first new luxury condos in decades
What’s at stake is a contest to unlock prime waterfront land for extravagant buildings for wealthy newcomers from the US Northeast, Midwest and California.
- Anna J Kaiser
More From Today
The top suburbs where home values have bounced out of decline
House prices in some top-end suburbs have bounced back from falls in the previous quarter as demand rises amid lack of stock.
- Nila Sweeney
Old guard of US beachfront revolts over first new luxury condos in decades
What’s at stake is a contest to unlock prime waterfront land for extravagant buildings for wealthy newcomers from the US Northeast, Midwest and California.
- Anna J Kaiser
Yesterday
Fund manager busy buying assets in a struggling office market
Brisbane-based Exceed Capital has snared its second office building in nine months and is now circling bigger CBD assets
- Larry Schlesinger
Regional housing values gather steam
Persistent demand for homes in regional areas with lifestyle advantages and affordable price points sparked a re-acceleration in price growth in the past three months.
- Nila Sweeney
- Exclusive
- Retail property
UBS bets on co-working and bowling to fix troubled Melbourne mall
UBS has secured two big tenancies for St Collins Lane, an arcade in the Melbourne CBD that has been one of the city’s worst performing malls for years.
- Larry Schlesinger
The battle for the streets of New York
The Big Apple’s streets are teetering between lively and unlivable. Now, the city is about to embark on the country’s first congestion-pricing plan.
- Dodai Stewart
- Exclusive
- Office
Why this $103m office on Sydney CBD fringe sold at no discount
Listed property fund manager Centuria has sold its Biomedical Building to Kurraba Group for $103 million.
- Campbell Kwan
This Month
Aware Super wants a new chairman at Lendlease, fast
Lendlease’s biggest investor has called for an external candidate to replace Michael Ullmer, and urgently steer the embattled developer’s turnaround.
- Nick Lenaghan
Glebe bungalow leapfrogs guide by $1.2m as clearance rates soften
While competition for premium properties remains strong, on-the-fence buyers are stepping back as hopes of a looming rate cut fade.
- Bonnie Campbell
Rural Funds, SA winemakers list $80m of cattle stations
Rural Funds is selling two cattle properties in Queensland’s Gulf of Carpentaria, while the SA-based DiGiorgio family is selling Aroona Station in the NT.
- Larry Schlesinger
- Exclusive
- Commercial real estate
Mall war: Kevin Seymour accuses Dexus of anticompetitive conduct
The Rich Lister is accusing Dexus of acting anti-competitively for blocking his proposed Brisbane precinct to protect its own retail asset down the road.
- Campbell Kwan
Wagga sheep farm of Fraser-era minister Wal Fife listed for $30m
The 2000 hectares Gundary was owned by the late politician until his death in 2017. Mr Fife served in the NSW and federal parliaments for over 35 years.
- Larry Schlesinger
- Exclusive
- Luxury property
Surgeon hopes to double suburb record with $18m waterfront castle
On Sydney’s Lower North Shore, a regal waterside property has joined the market guiding $18 million.
- Bonnie Campbell
Why Aesop is putting algae on its shopfronts
The upcoming Melbourne Design Week reveals ideas already in use that could change our world. But getting them to scale is no simple task.
- Michael Bleby
Lendlease sells down Asia venture amid campaign for overhaul
The $147 million sale of a stake in its life sciences business comes as activist investors demand the property giant pulls back from overseas markets.
- Updated
- Nick Lenaghan
- Exclusive
- Luxury property
Adam Flaskas to sell luxury Brisbane ‘sky home’ before Manly move
The developer and his fiancee have put their five-bedroom penthouse on the market ahead of a southern relocation.
- Bonnie Campbell
- Exclusive
- Luxury property
Laser Clinics co-founder Babak Moini to sell Mosman super pad
The cosmetic industry entrepreneur has listed his striking mansion on Mosman’s exclusive Balmoral Slopes with a guide of $17.5 million.
- Bonnie Campbell
- Exclusive
- Luxury property
Ex Pendal CEO to sell $18m harbour mansion with trophy boatshed
Emilio Gonzalez and his wife, Nicola, have called time on their Cremorne harbourside address, offering it to prestige shoppers.
- Bonnie Campbell
- Exclusive
- Commercial property finance
Lendlease’s Michael Ullmer to step down in board overhaul
The country’s largest property group will face disgruntled investors this month, who are calling for significant changes to its strategy.
- Aaron Weinman
NRMA snaps up Yamba holiday park for more than $40m
The association will add the Blue Dolphin Holiday Resort in Yamba to a tourism portfolio that includes Cradle Mountain Hotel and Freycinet Lodge in Tasmania
- Larry Schlesinger
