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    One of the buildings in the Australian Unity Office Fund's portfolio.

    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
    Development of renewable assets – including wind, solar, battery – is surging.

    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
    An artist’s impression of the approved hotel and apartment development.

    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
    Shaped like a wing: Adrian Williams in front of the Aerofoil co-working hub and new hotels.

    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
    Kookaburra Logistics Estate is one of three industrial assets that ISPT is putting up for sale.

    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
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    Yesterday

    Exceed has purchased this office building in Toowong for $37m

    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
    The Tag Heuer and Swatch tenancies on Collins Street will be unaffected by the revamp of the arcade.

    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
    The Biomedical Building has sold $103 million, which was no discount to its book value.

    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

    Lendlease is under pressure to refocus its efforts on its more successful Australian operations.

    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
    Mutton Hole and Oakland Park (pictured) have a carrying capacity of 17,000 cattle

    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
    Dexus is attempting to block Kevin Seymour’s eight-tower precinct (pictured), alleging it would take business away its own shopping centre down the road.

    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
    he Gundary Aggregation is being sold by David and Kerry Fife.

    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
    Designer Jessie French with the algae-based decal she has created on the window of retail Aesop’s Collins Street store in Melbourne.

    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
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    Lendlease chairman Michael Ullmer will step down from the property giant after 11 years service to the board.

    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
    The resort includes a pool and bar.

    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

    Not a home office: cafe finds coffee and laptops don’t blend well

    The same reasons that drove19th-century writers from their garrets have led office workers to colonise café tables.

    • Jane Shilling
    Avid Property Group CEO Cameron Holt.

    Developer Avid flags $1.4b land lease housing play

    The privately owned developer that acquired Villa World in 2019 has expanded into the fast-growing land lease business. At scale.

    • Michael Bleby
    Lenders have appetite to provide finance for developments, but most of that money is going to smaller, luxury projects.

    Lenders’ preference for luxury units a blow to housing supply hopes

    Mortgage broker Stamford Capital is arranging construction finance for developments worth $5 billion. All of them are luxury apartment projects.

    • Larry Schlesinger

    The Australian Financial Review Magazine

    BOSS Financial Review

    Kmart and Target managing director Ian Bailey: “The journey we’ve been on for many years is really moving from being a retailer to being a product company.”

    Life & Leisure

    GME’s XRS-660: With an unobstructed line of sight, the range can be 10 kilometres or more.

    Rich List

    The Di Petta’s collection of Ford Mustang muscle cars, such as these examples pictured, were frozen by the court.