Nov 12 2018
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Nov 05 2018
After selling to New Zealand investor Brian Cook on a cap rate of c. 5% in mid-2016, the newly completed Woolworths stratum investment under the Omnia building in Potts Point is available for sale.
Oct 31 2018
Luxury property developer, GURNER has received planning approval for yet another heritage project in Collingwood, as its proposal for a boutique mixed-use development at 368-374 Smith Street gets the green light after a mediation with locals and Council that saw the permit issued without a VCAT hearing.
Oct 30 2018
27-year-old Kayla Itsines and husband Tobi Pearce, 26, have come in at number 5 of the Young Rich List. With an estimated net wealth of $486million from their fitness app, ?Sweat? which has over 40 million users, paying $20 per month, last year the pair were ranked 40thwith a combined wealth of $63million.
Oct 23 2018
"We believe there are compelling opportunities to provide secured debt funding to the commercial sector with the potential to achieve risk-adjusted returns to investor portfolios", says Kim Kitchen, Director - Marketing & Distribution. "The strong investor interest is as a result of the withdrawal of first-tier banks from the commercial lending landscape over recent years. "CPG is targeting an Investor annual rate of return in the double digits and an approximate 1.1x multiple net of fees over a 21-month term".
Oct 12 2018
In an ongoing low-interest rate environment on savings and with banks withdrawing from property and construction financing, investment groups like Centennial Property Group are seeing value in providing first mortgage funding for property development, recently settling a $48m loan for a mixed-use retail/residential development in Sans Souci, NSW
Oct 08 2018
Investors via Balmain Private's digital platform have rushed to a recently offered Trinity Point Drive investment, with the investment oversubscribing within 4 hours of being listed on the platform.
The investment forecasts a 9.15% annual return for a term of 18 months with a Loan to Value ratio (LVR) of 43%, with distributions paid monthly.
Balmain Private have provided a residual stock loan to refinance five recently completed residential apartments located at 25 Trent Street, Glen Iris in Victoria. According to Balmain Private's head of distribution, Tom Sherston, the $2.2 million loan was syndicated between seven investors via the Balmain Private digital investment platform and oversubscribed within 45 minutes. The investment term is 12 months and forecast return 8.65% net with distributions paid monthly to investors
Sep 07 2018
The apartments at Shoreline are crafted to represent an extension of the ocean, welcoming cool breezes, stunning sights and sunshine into the home. Open, airy and full of light, the interiors are in tune with the suburb and its residents? affinity for nature and the outdoor world.
Only minutes from the city, these one, two and three bedroom homes feature generously proportioned floorplans styled by a clean-lined and contemporary design.
Castle Residences? luxury apartments offer residents the ultimate indulgence of modern interiors, stellar views and the chance to own a piece of iconic Sydney architecture.
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