Today
Rich Listers sign up Marriott for $500m Gold Coast marina project
Marriott will operate the new Marina Mirage hotel under its Luxury Collection brand after signing an agreement with developers the Makris family.
- 38 mins ago
- Larry Schlesinger
Banks’ pullback from offices, hotels opens door for non-bank lenders
With the bank sector reducing exposure to assets like commercial property, residential subdivisions and tourism, alternative players can now grab them.
- Larry Schlesinger
Yesterday
Why AustralianSuper isn’t investing in build to rent
The head of the country’s largest industry super fund says risk and scale are crucial factors for any investment it considers – and that’s an issue with BTR.
- Michael Bleby
WeWork’s exit opens opportunity for new co-working hub
The owner of 66 King Street in Sydney’s CBD has taken over the space from WeWork and decided to run his own co-working office there under a belief that he can do it better.
- Campbell Kwan
- Exclusive
- Superannuation
Keystone lent money to director’s $300m Port Douglas resort dream
Keystone Asset Management, under ASIC investigation, lent money to companies associated with a director’s controversial plan to develop an “uber five-star luxury” resort in Port Douglas.
- Max Mason
This Month
- Exclusive
- Rural property
Fund manager Allan Fife pays $11m for 180-year-old Yass sheep farm
The Fife Capital founder will add Dowan Hill to a farming portfolio that includes Stonehenge, a sheep farm in Tasmania he bought last year for $25 million.
- Larry Schlesinger
How higher building costs will shape the Brisbane Olympics
High labour costs will put pressure on the construction sector, forcing changes in how new projects are procured.
- Michael Bleby
Rural Funds eyes further sales of farms to cut debt and risk
Rural Funds COO Tim Sheridan says the trust may look to sell half-stakes in other cattle, cropping and macadamia properties it currently owns and operates.
- Larry Schlesinger
Scentre’s bargain-hunting lands it $308m stake in Adelaide mall
The Westfield owner has set up a fund with Barrenjoey to buy a half stake in Tea Tree mall, in a deal that was struck at a 12 per cent discount to book value.
- Nick Lenaghan
- Exclusive
- Commercial real estate
Rich List Snow family sets sights on Canberra’s next landmark
It is the first major project launched by Capital Property, the owner of Canberra Airport, since Terry Snow stepped down from active management last month.
- Nick Lenaghan
- Opinion
- Chanticleer
Why the office property market is still in real pain
Sliding valuations in Australian office real estate means the debate about whether the sector has hit the bottom will rage on.
- James Thomson
GreenFort Capital targets $800m land lease portfolio
There’s a growing snowball of players and money rolling into the residential property play on one of Australia’s biggest demographic changes.
- Michael Bleby
‘Private AI’ surge powers Equinix’s $240m data centre expansion
The surge in AI use adds to existing drivers for data centre demand, including cloud computing and increasing consumption of streaming services and social media.
- Nick Lenaghan
- Exclusive
- Office
Mirvac set to sell two office towers at discounts of more than 20pc
Pricing for the latest deals on the office towers in Sydney and Melbourne – worth close to half-a-billion dollars in total - shows just how far values have fallen.
- Campbell Kwan and Nick Lenaghan
Poor energy-efficient properties becoming stranded in Europe
More than half of 250 European commercial real estate portfolio managers surveyed acknowledge that more than 30 per cent of their assets are stranded.
- Frances Schwartzkopff
Employers lure workers back to office with promise of their own desk
Hot desking took off during the pandemic as a way to save money amid a new era of hybrid work. Now some firms are having second thoughts.
- Matthew Boyle
Nuclear plan puts sovereign risk back into infrastructure: Contractors
The Coalition’s energy proposal rekindles uncertainty for a contracting industry counting on renewable energy to offset a slowdown in rail and road work.
- Michael Bleby
Buyers snap up ageing and empty office buildings for deep discounts
Bargain hunting in the US office sector might just be the tip of the iceberg, more a sign of quick deal-making than an indication that prices have hit rock bottom.
- Matthew Goldstein
Construction insolvencies will level out, CBA says
After a few torrid years of collapses among builders and subcontractors, there are signs that conditions are going to normalise.
- Michael Bleby
What does a “higher-for-longer” world mean for the property sector?
The Property Summit gathers the industry’s most influential leaders, investors, commentators and disruptors to discuss the trends, threats and opportunities in commercial and residential sectors.
