Oct 14 2017Add to Favorites
Marc Pallisco, The Sydney Morning Herald
AFL footballer-turned-property developer, Fraser Brown, is speculated to be paying more than $70 million for another development site in Melbourne's south-east.
The 48-hectare parcel at 205 Hardys Road in Clyde North, about 48 kilometres from the CBD, was marketed for its potential to be subdivided into 557 housing lots, leaving a 10-hectare portion for a commercial development.
SOURCE: The Sydney Morning Herald
The changing and competitive retail environment is driving transaction activity for shopping centres, as owners refine their portfolios, adjust their exposure to different states and asset types and seek greater diversification to improve their long-term risk-return profile.
More private investors will have access to individual, first mortgage secured loans, which produce a monthly income, via an online platform launched by Balmain Private.
In November 2017, real estate investment manager and advisory group, Ashe Morgan, closed its capital raising for its recent purchase of the Health and Forestry buildings in Brisbane adding to the assets it now manages on behalf of its investors.
Australia / Brisbane
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