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Chris Lucas in front of his new project Batard at the top of Bourke Street in Melbourne.

Why Chris Lucas’ new top-end Melbourne venue won’t be a private club

The city’s restaurant king reveals his $45 million plan for a four-level venue known as Batard at the top end of Bourke Street.

  • 1 hr ago
  • Patrick Durkin
Alexandra Walters is making her Dee Why apartment more energy efficient.

The green renovations that could make you $100k

The potential to save thousands of dollars and add value to homes is enticing more households to install sustainable features when renovating.

  • Nila Sweeney

Social housing offers 8-12pc infrastructure-like returns

As Australia grapples with how to channel institutional money into new housing, the $10b HAFF fund offers a way to invest that Australia hasn’t had before.

  • Michael Bleby

Sanjeev Gupta buys on Sydney waterfront

The steel magnate is cutting jobs and salaries at the Whyalla steelworks one week, and splashing out for prime Sydney waterfront property the next.

  • Myriam Robin

Why interest rate cuts won’t fix a global housing affordability crisis

The stubbornness of the housing problem is increasingly garnering the attention of elected officials around the world.

  • Jeanna Smialek

Why spring property is turning in favour of Sydney buyers

For the first time in years, house buyers have an edge. The fear or missing out has eased with prices moderating in Sydney and falling In Melbourne.

How it Sold

The three-bedroom house at 68 Abbeville Street in Brisbane’s Upper Mount Gravatt sold at auction for $1.4 million.

A $1.4m sale plays the Brisbane and Melbourne markets – and wins

It wasn’t on purpose, but a young couple bought and sold in two capital city markets at just the right time.

  • Michael Bleby
A render of the four-bedroom, three-level townhouse at 11-11A Old Berowra Road in upper north shore Sydney’s Hornsby, which sold for $1.8 million off the plan.

Couple buys $1.8m home – and still ends up sharing with parents

Many multi-generational families want to live close to each other. But worsening affordability has reduced spending power – and that’s changing housing design.

  • Michael Bleby

Luxury Property

Resort-style home linked to alleged fraudster hits market

The price guide of $16 million makes it the most expensive home on the NSW Central Coast.

  • Bonnie Campbell

Power couple offer $20m villa on coveted strip

Former JPMorgan MD Annabelle Mooney and her husband, Novotech CFO Rob Speedie, have listed their grand – and storied – Centennial Park estate.

  • Bonnie Campbell
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Resort-style home linked to alleged fraudster hits market

The price guide of $16 million makes it the most expensive home on the NSW Central Coast.

  • Bonnie Campbell

Power couple offer $20m villa on coveted strip

Former JPMorgan MD Annabelle Mooney and her husband, Novotech CFO Rob Speedie, have listed their grand – and storied – Centennial Park estate.

  • Bonnie Campbell

Yesterday

Assembly Funds Management (AFM) Louis O’Loughlin, Head of Investments Tim Meurer, CIO and Tom McDonald, Founder and Director at Elka Capital.

Assembly goes into land lease with $350m fund

The fund manager tapping funds from high net worth investors and family offices is aiming for a 10-plus community portfolio with up to 2000 homes.

  • Michael Bleby
ISPT’s renovated 500 Bourke Street office tower in Melbourne.

How this office building is saving money – and carbon

This retrofit saved 57,000 tonnes of embodied carbon emissions, as companies rethink the design of office buildings.

  • Michael Bleby

This Month

Elanor tried to sell Peppers Cradle Mountain for $100m in 2022.

Investors claim mismanagement of Elanor’s $500m hotel fund

The $500 million hotel fund – part of a $6b real estate platform – is at the heart of refinancing issues facing the ASX-listed fund manager.

  • Larry Schlesinger
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The suburbs where housing risks are rising

Risks of sharper house price declines are emerging across many areas in Melbourne as listings surge and demand falls.

  • Nila Sweeney
Time to shine for commercial property.

Time to buy into REITs: Barrenjoey

Property stocks have weathered the interest rate storm, according to Barrenjoey, who say investors could be “well served” to increase their exposure.

  • Nick Lenaghan

Commercial landlords struggle to refinance $2.2 trillion of debt

The value of buildings has broadly dropped after higher interest rates boosted funding costs for property owners.

  • Neil Callanan and Scott Carpenter
Tourists visit the Sagrada Familia church in Barcelona.

Spain’s crackdown on holiday rentals bodes well for luxury hotels

Locals have staged protests, blaming booming short-term holiday lets for soaring costs of housing and crammed city streets.

  • Joan Faus and Corina Pons
This Federation mansion Kilcgreggan has sold for about $14m.

Ex-Macquarie exec sells landmark mansion as Mosman eyes $50m

Former Macquarie exec David Adams has sold his landmark mansion Kilcreggan, while Walter Burley Griffin-designed landmark estate Coppins returns to market

  • Bonnie Campbell
The turnover in apartments is slowing.

Unit owners hold tight as growth slows and transaction costs rise

Hold periods for units have blown out above the decade average as owners delay selling.

  • Nila Sweeney

The Hong Kong luxury mall sitting empty as Chinese spending plunges

China’s collapse in high-end spending has shaken confidence in luxury brands globally as companies from LVMH to Richemont and L’Oreal report falling sales.

  • Shirley Zhao
The Shakey dates back to 1879.

Surry Hills pub sold for the first time in nearly 50 years

The landmark pub near Central Station sold for about $10 million to local publican Laurence Collins.

  • Larry Schlesinger
More centralised: Value NSW is taking half of its annual 2.7 million valuations inhouse.

NSW valuer general takes half its 2.7 million valuations inhouse

The move will save time and money, but there are bigger changes afoot in the valuation sector, with artificial intelligence offering to turbocharge efficiency.

  • Michael Bleby
The commercial property cycle has four stages.

How investors can profit from the commercial property cycle

It’s important to recognise and understand the four phases in the cycle – recovery, expansion, hyper-supply and recession – to enable better decisions.

  • Sam Tamblyn
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REA Group chairman Hamish McLennan.

REA board’s flimsy excuse for a European tour

The real estate giant took its board members to Europe last year, which included attending the Wallabies’ World Cup match against Georgia in Paris.

  • Mark Di Stefano
Racing NSW CEO Peter V’landys.

Peter V’landys’ extraordinary times against the NIMBYs

The Racing NSW chief executive is the lightning rod for criticism from wealthy horse owners furious about a proposal to sell one of Sydney’s premier racetracks.

  • Mark Di Stefano
Bricking up: New housing approvals rose in July, but the boost may not last.

Apartments boost housing approvals – but not enough

Australia’s home-building activity remains well below target to meet the government’s 1.2 million target. The slowdown is hitting all types of housing.

  • Michael Bleby
Nick Politis says the investments will generate 6pc returns.

‘Great assets’: Nick Politis pays $50m for Porsche dealerships

Sydney Roosters chairman Nick Politis has added two Melbourne Porsche dealerships to his 28pc stake in ASX-listed Eagers Automotive.

  • Larry Schlesinger
Homeowners find comfort in the new breed of innovative, accessible apartments being built in Sydney.

Smarter Sydney: the homes we need and where to build them

Homeowners find comfort in the new breed of innovative, accessible apartments being built in Sydney.

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