Latest
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
- 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
Sydney house prices tipped to rise 8pc to $1.76m median in 12 months
House prices across Sydney, Brisbane, Perth and Adelaide are predicted to hit records within 12 months, but Melbourne and Canberra will fall short, Domain says.
- Nila Sweeney
- Investigation
- Property development
Bankrupt developer’s plan to repay $131m: start a new firm with mum
Andrew Bodnar’s empire went bust last year, taking self-funded retirees and a champion swimmer down with him. But he’s back in business to clear the massive debt.
- Larry Schlesinger
How it Sold
Working from home option secures $1.8m sale
A Gold Coast home had a commercial side to it that put most buyers in the area off. So the agent went further afield.
- Michael Bleby
Downsizers from $1.9m house get help from agent to buy next home
In a low-stock market, some vendors are getting extra assistance – from their sales agent – to purchase their next home.
- Michael Bleby
Luxury Property
- Exclusive
- Luxury property
Rich Lister buys Manly’s most expensive home
Maas Group’s Wes Maas and his wife Emma have emerged as the buyers of Manly’s most expensive home for around $35 million.
- Bonnie Campbell
- Exclusive
- Luxury property
Power couple creates Brisbane’s most expensive family compound
Prominent Brisbane couple Steve and Jane Wilson have bought the property next door to their recently restored landmark home Lamb House.
- Bonnie Campbell
More From Today
- Exclusive
- Luxury property
Rich Lister buys Manly’s most expensive home
Maas Group’s Wes Maas and his wife Emma have emerged as the buyers of Manly’s most expensive home for around $35 million.
- Bonnie Campbell
- Exclusive
- Luxury property
Power couple creates Brisbane’s most expensive family compound
Prominent Brisbane couple Steve and Jane Wilson have bought the property next door to their recently restored landmark home Lamb House.
- Bonnie Campbell
Yesterday
- 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
This Month
- 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
Investor exodus gathers pace in Melbourne and Sydney
Higher tax burdens and weaker capital gains are prompting a growing number of property investors to sell out of Melbourne and Sydney.
- Nila Sweeney
- Exclusive
- Luxury property
$65m LA mansion built by collapsed developer Caydon on the market
The five-bedroom luxury home perched above Sunset Boulevard has only just been completed by a company associated with Joe Russo’s collapsed Caydon Group.
- Larry Schlesinger
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.
WeWork has emerged from bankruptcy. What’s next?
The company’s re-emergence from bankruptcy arrives at a time when demand for office space remains weak overall.
- Wyatte Grantham-Philips
Why house prices are surging once again around the world
In Australia, the US and parts of Europe, property markets have shrugged off higher interest rates to post strong gains – and there’s likely more to come.
- The Economist
The suburbs where unit values are on the cusp of a new high
Low supply and intense competition for cheaper properties are fuelling big gains in unit prices.
- Nila Sweeney
Working from home option secures $1.8m sale
A Gold Coast home had a commercial side to it that put most buyers in the area off. So the agent went further afield.
- Michael Bleby
Prepare for building inflation to surge again
After a lull in infrastructure and construction, cost escalation is about to pick up, driven this time by local demand, wages and changing technology.
- Michael Bleby
Shock property tax rise hits landlords, holiday homes
Investment properties in NSW will be hit by a $1.5 billion increase in land taxes, which the real estate industry warns could cost thousands of dollars a year and be passed on to renters.
- John Kehoe
Bus off! Charlie Buxton goes NIMBY for tennis court
No historic property is complete without renovations. Or, if necessary, attempts to redirect a bus route so it doesn’t go past one’s tennis court.
- Updated
- Myriam Robin
Rich Lister’s war on Dexus vanishes its competition policy
Amid Seymour Group’s volleys, Dexus has quietly deleted its competition policy from its website.
- Myriam Robin
