Jun, 2019

WHAT WEALTH MEANS TO ME John Spence Karma Group

People & Companies / Profiles

John Spence, CEO of Karma Group can best be described as a maverick. With more than two dozen of hotels dotted around the globe, Karma Group is a membership-based holiday and experiential club that gives its various levels of members the benefit of access to beautiful destinations around the globe. Having won the prestigious Ernst and Young Entrepreneur of the year award in 2011 in Australia, and also the American based Philanthropist of the year award, one of the unique aspects that John Spence has mastered with success via his Karma Group is the blending of philanthropy and commercial aspects of the business.

United Kingdom

Jun, 2019

THE SELL OUT SUCCESS OF THE GURNER™ SAINT MORITZ WITH $480MILLION IN SALES

People & Companies / Latest News

Multi-billion-dollar developer GURNER™ has shocked the market by announcing a record 95% sell-out of its $540million Saint Moritz development in St Kilda – one of Melbourne’s most whispered-about developments - after securing over $480m in sales across 127 residences in what equates to just six weeks of active selling.

Australia

May, 2019

Merivale sells Potts Point freehold building for $13m +

People & Companies / Latest News

Merivale owner Justin Hemmes has sold an iconic Potts Point freestanding building at 61-63 Macleay Street, for over $13 million, $2 million above price expectations, prior to Auction via Jason Boon of R & W Elizabeth Bay. Merivale has purchased around $220 million in pubs over the last five years and originally purchased 61-63 Macleay Street in 1988 for $1,428,000. The three level mixed use residential and retail building housed Mirvales first ever coffee shop.

Australia

May, 2019

GURNER™ PLANS TO BRING NEW YORK-INSPIRED 4.5 STAR HOTEL AND RESIDENCES TO COLLINGWOOD

People & Companies / Latest News

Luxury property developer, GURNER™ has today announced its foray into hotel developments with a strategic partnership with the fast-growing boutique hotel brand, Veriu, as the developer eyes more opportunities to retain and invest in assets long term.

Australia

May, 2019

Dexus announces acquisition of the 80 Collins precinct, Melbourne and equity raising

People & Companies / Latest News

Dexus Funds Management Limited (“DXFM”) as responsible entity of Dexus (“Dexus” or the “Group”) today announced that it has agreed to acquire the 80 Collins precinct, alongside Dexus Wholesale Property Fund (“DWPF”), for a Total Acquisition Cost of $1.476 billion1 (the “Acquisition”) from QIC Global Real Estate. Dexus will acquire a 75% ownership interest in the 80 Collins precinct and DWPF will acquire the remaining 25% interest.

Australia

May, 2019

Indonesia 3rd President B.J. Habibie's US$1B superblock in Batam Attracts Global Investors with the Launch of Luxury Erleseen Tower

People & Companies / Latest News

As Indonesia's Batam continues to transform itself from a manufacturing center into an international property and tourism hub, international investors will be buoyed with the launch of the ultra-luxurious Erleseen Tower by PT Pollux Properti Indonesia Tbk (IJ:POLL).

Indonesia

May, 2019

ADDITIONAL $75 MILLION FOR EG’S SUSTAINABLE TRUST

People & Companies / Latest News

EG Funds Management (EG), one of Australia’s leading real estate fund managers, is excited to welcome Tasplan Superannuation Fund as an investor in the High Income Sustainable Office Trust (HISOT) with a $50 million commitment.

Australia

May, 2019

Dexus property portfolio operational update for the quarter ended 31 March 2019

People & Companies / Latest News

Dexus has announced its property portfolio operational update for the quarter ended 31 March 2019. Darren Steinberg, Dexus Chief Executive Officer said: “This quarter, we have achieved milestones across leasing, development, funds management, transactions and capital management.

Australia

Apr, 2019

'WHAT WEALTH MEANS TO ME' - Kirra Belle Olsson & Jesse Prager

People & Companies / Profiles

Jesse Prager is in his mid-20s, loves to surf and is a commercial pilot, making six figures. He has the life; he works about 8 days a month for a commercial airline, where he flies to Thailand, Vietnam, China, Japan, and Hawaii, surfs with his friends and flies home to surf some more. In his spare time, he has taught himself to trade FX. His girlfriend Kirra Belle Olsson is a professional surfer, sponsored by Rip Curl and Elle Bache, she gets cash flow from working as well as sponsorships, endorsements, and Instagram posts to her 25k Instagram followers.

Apr, 2019

Charter Hall Education Trust Successful Completion Of Unit Purchase Plan

People & Companies / Latest News

Charter Hall Social Infrastructure Limited (Responsible Entity), as responsible entity of Charter Hall Education Trust (ASX:CQE) (CQE or the Trust), confirms the completion of the Unit Purchase Plan (UPP) announced to the Australian Securities Exchange on 27 March 2019 in connection with CQE’s $120 million institutional placement (Institutional Placement).

Apr, 2019

Capital Bluestone partners with Aoyuan International

People & Companies / Latest News

New South Wales-based property developer Capital Bluestone is finalising plans to align itself with global development firm Aoyuan International.

Australia

Mar, 2019

LandMark White reinstated by major Australian lender

People & Companies / Latest News

LandMark White (LMW) has been reinstated by Commonwealth Bank to its panel for residential valuations, marking a significant step for the company after the recent cyber attack.

Australia

Mar, 2019

EAST LONDON’S FIRST PRIVATE RESIDENTIAL GARDEN SQUARE TAKING SHAPE AT LANDMARK PINNACLE

People & Companies / Latest News

Landmark Pinnacle’s ‘Panorama Garden Square’ will be the first ever private residential offering of its kind in East London. Occupying the entire 27th floor of the 75-storey tower, the garden, set to measure over 8,700 square feet, has been designed as a traditional English residents’ garden square, with a specially dedicated play area for children.

United Kingdom

Feb, 2019

ASCOTT OPENS PRESTIGIOUS LA CLEF CHAMPS-ÉLYSÉES PARIS AS PART OF THE CREST COLLECTION

People & Companies / Latest News

CapitaLand’s wholly-owned lodging business unit, The Ascott Limited (Ascott), has opened La Clef Champs-Élysées Paris in France, its third property under The Crest Collection – a prized selection of some of Ascott’s most prestigious and unique luxury serviced residences. Located in the heart of Paris’ most iconic 8th arrondissement, housed in a building steeped in history, the new La Clef Champs-Élysées Paris residence offers discerning travellers extraordinary experiences with a sense of home.

Dec, 2018

Richmond office sale sets land rate record

People & Companies / Latest News

Savills Australia sells city-fringe office building site for $4.1million

Australia / Melbourne

Dec, 2018

Security Capital raises $34m in rising WA market

People & Companies / Latest News

Indigenous Business Australia, an organisation focused on economic independence for Aboriginal and Torres Strait Islander peoples, has purchased two service centres in WA for $34 million.

Australia / Melbourne

Dec, 2018

Thomastown retail asset sells within 10 days

People & Companies / Latest News

Savills Australia sells a retail investment for $7.8 million in Melbourne’s north

Australia / Melbourne

Dec, 2018

Aqualand lead consortium shortlisted for Waterloo Metro Quarter Development

People & Companies / Latest News

Fast growing Australian property company Aqualand has been shortlisted for the next phase of the NSW State Government’s Waterloo Metro Quarter Development, the Request for Tender stage (RFT). Aqualand’s team includes CPB Contractors and community housing partner, City West Housing.

Australia

Dec, 2018

Art Series Hotels announces The Fantauzzo on Howard Smith Wharves, Brisbane

People & Companies / Latest News

Art Series Hotels announces namesake artist for new $100m Brisbane flagship - now available to book

Australia

Nov, 2018

Jeff Xu sells Victoria One for $13.6 million

People & Companies / Latest News

Prominent Melbourne property player Jeff Xu has sold his Victoria One portfolio of five CBD strata retail properties to a Melbourne based investor for $13.615 million on a 5.5 per cent yield and at what is thought to be a record building rate of $27,230 a square metre for similar properties.

Australia / Melbourne

Nov, 2018

Four remaining apartments significantly reduced to meet the market at One A Erskineville

People & Companies / Latest News

Amidst all the doom and gloom concerning the state of the Sydney residential market, there are still some outstanding opportunities for investors and owner occupiers.

Australia

Nov, 2018

GURNER acquires new South Melbourne site, adds $50m to project portfolio

People & Companies / Latest News

Multi-billion-dollar developer, GURNER™ has announced the acquisition of a 1,550sqm site in South Melbourne that will add $50m to the developer’s $5.5b portfolio once complete.

Australia / South Melbourne

Nov, 2018

Dexus establishes JV with GIC for a wholesale unlisted logistics trust

People & Companies / Latest News

Dexus today announced the establishment of a new circa $2 billion unlisted trust that will invest in Australian logistics properties.

Australia

Nov, 2018

Aqualand completes first self-delivered project, The Heysen

People & Companies / Latest News

Aqualand has just completed construction on its second project and first self-delivered development, The Heysen, in Turramurra.

Australia

Nov, 2018

Ascott Reit's 3Q 2018 distribution per unit rises 8% to 1.82 cents lifted by acquisitions and strong operating performance

People & Companies / Latest News

Gross profit increases by 9% while RevPAU grows 8% with stronger performances across key markets

Singapore

Oct, 2018

101 COLLINS STREET GIFTS WORLD CLASS NEW LIGHTING SHOW TO MELBOURNE CITY

People & Companies / Latest News

101 Collins Street has played a defining role in the character and identity of the Melbourne Skyline for more than 25 years. Not only the city?s premier business address, it has maintained a deep connection with Melbourne?s cultural heart. In keeping with this tradition, 101 Collins Street is gifting the city a dazzling new lighting show

Australia

Oct, 2018

Visionary spearheads revitalisation of Pagewood with S Pagewood by Silkari

People & Companies / Latest News

Great Australian dream still attainable at S Pagewood by Silkari in Sydney?s ?affordable east?

Australia / Sydney

Oct, 2018

Passion or Practicality - Property the investment sector of choice for Rich Listers

People & Companies / Latest News

2003 when the BRW young rich list started it was peppered with entertainers, these days, the property and technology booms have long since swept the entertainers aside. Few actors and sports stars are able to keep up with the fortunes made by developers ? be they in the business of developing software, apps or high-rise apartments.

Australia

Oct, 2018

Savills Australia to join forces with SA1 Property

People & Companies / Latest News

Strategic alliance to win business for industrial and occupier services

Australia / Sydney

Oct, 2018

Childcare asset sells with record price tag

People & Companies / Latest News

Savills Australia sells childcare asset for $15million in Melbourne’s northern growth corridor

Australia / Melbourne

Oct, 2018

Metro launches new Naremburn luxury residential estate

People & Companies / Latest News

Metro Property Development (Metro) has launched its $24 million luxury residential development The Nines, in Sydney?s Lower North Shore.

Australia / Sydney

Oct, 2018

Leafy Lower North Shore site to lure developers

People & Companies / Latest News

Savills Australia welcomes Greenwich development site to market with expectations of circa $30million

Australia / Sydney

Oct, 2018

QE Foodstores opens ninth Sydney shopfront

People & Companies / Latest News

Narinder Singh Badhan was just 20 years old when he moved to Sydney and opened his first grocery store.

Australia / Sydney

Oct, 2018

Aqualand's new 12.5Ha, masterplanned community launches grand land lots in stage one - The Aster Collection

People & Companies / Latest News

In its first masterplanned project of this kind, Aqualand?s new Bellevue Residences offers buyers a rare opportunity to purchase grand-sized land lots nestled at the heart of Sydney?s newly established and celebrated neighbourhood, Norwest.

Australia / Sydney

Sep, 2018

Popular regional shopping centre tipped to generate investor contest

People & Companies / Latest News

Savills Australia release to market a 3,659sqm shopping complex in Adelaide’s north

Australia / Adelaide

Sep, 2018

Dexus secures prime development site in Melbourne CBD

People & Companies / Latest News

Dexus today announced that it has exchanged contracts to acquire 60 Collins Street, Melbourne, for $160.0 million1. In addition, Dexus has entered into an agreement to acquire the adjoining property at 52 Collins Street, Melbourne for $70.0 million1.

Australia / Melbourne

Sep, 2018

Building for sale in Sydney’s New Silicon Valley

People & Companies / Latest News

Colliers International selling 47 Albion Street in Surry Hills

Sep, 2018

CapitaLand ramps up Vietnam pipeline with acquisition of prime residential site in Ho Chi Minh City for S$81.4 million

People & Companies / Latest News

Strengthens foothold in high-growth markets as the Group makes its third acquisition within a month

Vietnam

Aug, 2018

Blue-chip retail asset to generate investor contest in Windsor

People & Companies / Latest News

Savills Australia lists neighbourhood shopping centre for sale in Sydney’s north west

Australia

Aug, 2018

A collaboration of masters set to create a new community in Sydney

People & Companies / Latest News

Leading Australian property developer Crown Group has today announced its latest development Mastery by Crown Group.

Australia / Sydney

Aug, 2018

Dexus picks up South Granville infill site for $61.5million

People & Companies / Latest News

Savills Australia transacts largest Western Sydney land sale of 2018

Australia / Sydney

Aug, 2018

International search for hotel buyer in Sydney?s growth hub commences

People & Companies / Latest News

CBRE has been appointed to commence an international search for a buyer of the proposed Atura Edmondson Park Hotel in Sydney?s rapidly growing south-west.

Australia / Sydney

Aug, 2018

Primewest selling Esplanade Hotel in Fremantle

People & Companies / Latest News

WA property syndicate Primewest has moved to sell one of Perth?s most well-known hotels, the historic Esplanade Hotel in Fremantle.

Australia / Perth

Aug, 2018

Sekisui House launches rare golf side land release adjacent to future Greg Norman Golf Course

People & Companies / Latest News

Sekisui House?s exclusive Gledswood Greens land release at The Hermitage, Gledswood Hills is an unprecedented opportunity for avid purchasers to acquire a rare vacant land parcel adjacent to the Greg Norman signature golf course, set to open in 2020.

Aug, 2018

Cushman & Wakefield Announces Pricing of its Initial Public Offering of Ordinary Shares

People & Companies / Latest News

Cushman & Wakefield plc (?Cushman & Wakefield?) today announced the pricing of its initial public offering of 45,000,000 of its ordinary shares, at a price to the public of $17.00 per share.

/ Chicago

Jul, 2018

GURNER wins battle against Planning Minister Richard Wynne with permit for 26-56 Queens Parade

People & Companies / Latest News

After two years of fierce public and legal battles, luxury developer, GURNER has won approval for a landmark three-tower project in one of the inner-north?s most important regeneration sites at 26 & 56 Queens Parade, North Fitzroy.

Australia / North Fitzroy

Jul, 2018

Ascendas acquires Décor corporate headquarters

People & Companies / Latest News

Ascendas REIT Australia has acquired the former corporate headquarters of homeware giant, Décor, in Melbourne’s eastern industrial hub of Scoresby for $16.245 million.

Australia

Jul, 2018

Live like James Bond at Melbourne's most sophisticated new address

People & Companies / Latest News

Prominent developer Growland is bringing cutting-edge technology and new levels of sophistication to Melbourne with its decadent new residential building on St Kilda Road, Neue Grand, where residents can live like James Bond with advanced new residential technology.

Australia / Melbourne

Jun, 2018

GURNER confirms deal to develop iconic Novotel St Kilda site into $550M luxury precinct

People & Companies / Latest News

Luxury property developer, GURNER? has announced a landmark deal to develop one of St Kilda?s most iconic sites, the 6,000sqm site currently operating as the Novotel hotel at 14-16 The Esplanade, St Kilda, with the current landowner, Barana Group.

Australia / Melbourne

Jun, 2018

Aqualand Group secures strategic investment in McGrath

People & Companies / Latest News

AL Capital, part of the Aqualand Group, has made a strategic investment in McGrath Limited (?McGrath?), by way of two share placements.

Australia / Sydney

May, 2018

Zagame family lists $300m hotel portfolio

People & Companies / Latest News

Melbourne based hotels dynasty, the Zagame family, has put its hotel portfolio of six properties located in Melbourne and Vanuatu to market with price expectations of more than $300 million.

Australia / Melbourne

May, 2018

Office disruptor a force to be reckoned with

People & Companies / Latest News

Landlords may need 20% co-work component

Australia

May, 2018

De Lutis pays Abacus $61m for Bacchus Marsh Village

People & Companies / Latest News

Melbourne property baron, Colin De Lutis, has purchased Abacus Property Group’s The Village Bacchus Marsh shopping centre, for $61.65 million on a 7 per cent yield following a hotly contested Expressions of Interest campaign managed by CBRE National Director, Mark Wizel.

Australia

May, 2018

Epping's revitalisation ramps up as details of landmark three-tower development released

People & Companies / Latest News

Developer Cbus Property outlines its vision for a major new mixed-use development on Langston Place in Epping

Australia / Sydney

May, 2018

New Deshon of South City Square in Brisbane wins coveted Asia Pacific Property Award

People & Companies / Latest News

Pellicano and Perri Projects? $600 million lifestyle precinct, South City Square in Brisbane?s Woolloongabba, has won the ?Residential High-Rise Architecture? category in Australia for one of its six residential buildings, New Deshon, in the 2018 Asia Pacific Property Awards.

Australia / Brisbane

May, 2018

Ascendas pays $34m for Abacus industr

People & Companies / Latest News

Ascendas REIT has paid $34 million on a 6.85 per cent yield for a fully-leased industrial facility at West Park Industrial Estate, Derrimut, in an off-market deal brokered by Dawkins Occhiuto Director, Chris Jones.

Australia

May, 2018

Tipalea unveils $90 million Alexandria commercial project

People & Companies / Latest News

Property development and investment group Tipalea Partners is soon to unveil a new $90 million office project at 29 Bourke Road in Alexandria, South Sydney.

Australia / Sydney

May, 2018

Leading Australian developer Toga outlines vision for the "new west"

People & Companies / Latest News

Winner of design competition for new Penrith apartment development announced by TOGA

Australia / Sydney

Apr, 2018

Flagship Property Holdings continues Melbourne residential acquisition spree, off the back of commercial project success

People & Companies / Latest News

Australian developer, Flagship Property Holdings has continued its focus on Melbourne?s residential property market as it announces the first of a number of new deals that will add to the developer?s immediate delivery pipeline.

Australia / Melbourne

Apr, 2018

Galileo appoints Ganellen for King & Phillip

People & Companies / Latest News

Galileo has appointed Ganellen as the construction company for its $320+m residential development, King & Phillip. Demolition on the site is now approaching completion with construction to begin shortly.

Australia

Apr, 2018

Elanor's assets exceed $1.1 billion

People & Companies / Latest News

Elanor Investors Group has bought a shopping centre and office block - and sold a Sydney boutique hotel - bringing the value of its assets to more than $1.1 billion.

Australia / Sydney

Apr, 2018

Online shopping extends to apartments

People & Companies / Latest News

Online selling group JD.com will be the first Chinese e-commerce site to offer new apartments for sale on its online platform, after signing a deal with international property platform Juwai.

Australia

Apr, 2018

Centuria wins race to buy $190 million Adelaide tower

People & Companies / Latest News

Centuria Capital Group will buy an Adelaide office tower at 80 Grenfell Street for $190 million from Blackstone, edging past Primewest to secure the deal.

Apr, 2018

Brisbane set to be “the strongest residential market in Australia”

People & Companies / Latest News

Mosaic Property Group has spent $20 million on Brisbane land, including more than $5 million on sites at Indooroopilly and Upper Mount Gravatt, to build apartment towers worth $53 million.

Australia / Brisbane

Apr, 2018

Millionaire property developer Tony Denny ups stake in McGrath

People & Companies / Latest News

Property developer Tony Denny has been named as a major shareholder in John McGrath’s real estate agency, building up a 5.05 per cent stake after picking up 7.2 million shares this month.

Australia

Apr, 2018

Lane Cove asset sold for more than $28 million

People & Companies / Latest News

Property investor Bricktop and property development and investment company Trumen Corp have sold a Lane Cove office and warehouse asset to Sydney based fund manager Aviator Capital, in a deal worth $28.075 million.

Australia

Apr, 2018

Developers race for the biggest leasing deal in a decade: Brisbane.

People & Companies / Latest News

Major developers are vying against one another as they chase the Brisbane’s biggest leasing deal in a decade.

Australia / Brisbane

Apr, 2018

Goodman Group expands across the US

People & Companies / Latest News

Continuing its expansion across the US, the Goodman Group has leased 915,098 square feet (85,015sq m) of infill space at Goodman Logistics Center Santa Fe Springs, California.

United States of America / California

Apr, 2018

JLL sells 100% interest in Brandon Park Shopping Centre for $135.0 million

People & Companies / Latest News

A 100% interest in Brandon Park Shopping Centre sold to Newmark Capital, on behalf of Vicinity Centres and co-owner TelstraSuper.

Australia

Mar, 2018

“Entertainment hub for south-east Asia” Wanderlust, comes to Surfers Paradise.

People & Companies / Latest News

Twin-tower high-rises reaching 56 and 72 storeys have been approved for development in the centre of Surfers Paradise’s entertainment and nightclub district.

Australia

Mar, 2018

Rialto Tower owners take control of King Street nightclub strip

People & Companies / Latest News

Lorenz Grollo, who co-owns the Rialto Tower, has bought the Inflation Nightclub in an off-market deal, giving him control of the King Street nightclub strip.

Australia

Mar, 2018

Inclusionary zoning would ease housing pressure in Brisbane

People & Companies / Latest News

Developer Mirvac has suggested placing affordable housing in new developments, known as inclusionary zoning, as Brisbane town planner Phil Heywood recommended West End developers sell apartments to the government for social housing.

Australia

Mar, 2018

Triguboff grandsons set for future takeover

People & Companies / Latest News

The grandsons of Harry Triguboff will continue their grandfather’s property legacy, says the billionaire developer, who was ranked as Australia’s second-wealthiest person by Forbes last year.

Australia

Mar, 2018

$130 million Northpoint redevelopment opens

People & Companies / Latest News

Northpoint has opened its doors following a $130 million redevelopment by Cromwell Property Group.

Australia / Sydney

Mar, 2018

A Neue experience in apartment living and a revolutionary residential landmark

People & Companies / Latest News

After its successful projects in London as well as launching the tallest luxury residential building in Greater New York City, along the Hudson river, global developer COLI Australia will reveal it?s first Australian residential project ? Neue Macquarie Park ? this March.

Australia / Sydney

Mar, 2018

Newmarket's Randwick is set to release the most elegant boutique apartments yet

People & Companies / Latest News

Cbus Property, one of Australia’s most awarded and trusted national developers, is set to release the next building in the project’s Figtree Pocket collection (Stage 1), aptly title Cambridge.

Australia / Sydney

Mar, 2018

Robert Leitão instrumental in Westfields $30 billion takeover

People & Companies / Latest News

Head of London-based Rothschild Global Advisory Robert Leitão helped push along the $32 billion takeover of Westfield Corporation by Unibail-Rodamco, the largest M&A deal in Australian History.

Australia

Mar, 2018

Newmarket's Randwick is set to release the most elegant boutique apartments yet

People & Companies / Latest News

Cbus Property, one of Australia’s most awarded and trusted national developers, is set to release the next building in the project’s Figtree Pocket collection (Stage 1), aptly title Cambridge.

Australia / Sydney

Mar, 2018

Rates slashed to revive markets and boost profits

People & Companies / Latest News

The Commonwealth Bank of Australia and Westpac Group have reduced key property rates by up to 50 basis points, with Australia and New Zealand Banking Group and National Australia Bank quickly following suit.

Australia / Sydney

Mar, 2018

Council approves $230 million-plus office tower in Parramatta

People & Companies / Latest News

An office tower worth more than $230 million will be developed at Parramatta in Sydney?s west, following approval for GPT Group to begin construction.

Australia / Sydney

Mar, 2018

Cash rate remains steady for the nineteenth year

People & Companies / Latest News

The official cash rate has remained at 1.5 per cent, prompting an increase in non-bank lending.

Australia

Mar, 2018

Chinese focused platform, Juwai under scrutiny

People & Companies / Latest News

Chinese international real estate platform Juwai may list on the Australian Securities Exchange, despite Auditors Ernst and Young investigating 2016 accounts lodged just five weeks ago.

Australia

Mar, 2018

Alexandria continues urban transformation

People & Companies / Latest News

Milligan Group has lodged a development application for a six-storey, 17-apartment residential building, as inner-city’s Alexandria continues to transform from industrial district to urban hub.

Australia / Alexandria

Mar, 2018

ESQ 1818 Penrith gets go-ahead for Stage 1

People & Companies / Latest News

Award winning Sydney developer, CABE has just received DA approval for Stage 1 of its $500M ESQ 1818 (East Side Quarter) mixed-use development in Sydney’s Penrith.

Australia / Penrith

Mar, 2018

Costco buys $77 million mega-site in western Sydney

People & Companies / Latest News

US-based Costco has bought a 14 hectare site in western Sydney’s Oakdale Industrial Estate to develop its national distribution centre, which will be the biggest facility in Australia.

Australia / Sydney

Mar, 2018

Multimillion-dollar urban project underway in Parramatta

People & Companies / Latest News

Plans are underway for the development of a multi-million dollar urban project after property developer Stockland teamed up with McDonald?s Australia.

Australia / Sydney

Mar, 2018

CapitaLand accelerates growth momentum in Vietnam with investments worth S$456 million

People & Companies / Latest News

First integrated development in Hanoi to meet growing demand for vibrant, quality live-work-play spaces

Vietnam / Hanoi

Mar, 2018

Developer gives buyers 5 years to pay, allows possession

People & Companies / Latest News

Brisbane-based Reed Property Group is offering a deferred settlement option on the remaining available apartments in the 228-unit Belise project in Bowen Hills.

Australia / Brisbane

Feb, 2018

Buyers set to pounce as next release of north-west Sydney’s newest residential estate is confirmed

People & Companies / Latest News

Candlebark at Box Hill provides a boutique offering of 25 lots

Australia / Sydney

Feb, 2018

Boutique hotel for Mosman

People & Companies / Latest News

The Sydney lower north shore suburb of Mosman will welcome a new boutique hotel, following development approval for boutique hotel group Emerald City.

Australia / Sydney

Feb, 2018

Landmark $1.6 billion St Leonards development brings buyers out of the woodwork

People & Companies / Latest News

Stunning North Shore development launches sales to coincide with Chinese New Year as St Leonards’ rejuvenation gathers pace

Australia / Sydney

Feb, 2018

Stockland boosts South West Sydney employment with $150 million Ingleburn development

People & Companies / Latest News

Stockland has reaffirmed its commitment to South West Sydney with the $150 million redevelopment of the Ingleburn Logistics Park steaming ahead and now generating over 400 jobs for the key growth centre.

Australia / Sydney

Feb, 2018

A Neue chapter for Macquarie Park

People & Companies / Latest News

For its first foray into Australian property development, global development leader, COLI has announced it will create a new residential tower in the Macquarie Park precinct. The $300+M development, Neue Macquarie Park is set to become a masterpiece of original modern design.

Australia / Sydney

Feb, 2018

Could this week cost Frank Lowy $200 million?

People & Companies / Latest News

This week's sharemarket rout could prove costly for Frank Lowy and his fellow Westfield shareholders.

Australia

Feb, 2018

Call for Airbnb short term lettings to be restricted in Scotland

People & Companies / Latest News

Proposals have been put to the Scottish Government to restrict short term lettings using websites such as Airbnb to just 90 days a year.

Scotland

Feb, 2018

City Tattersalls Club revives plans for new tower

People & Companies / Latest News

The plans for a $200 million redevelopment of the City Tattersalls Club appear to be back on track following the resolution of financing and planning issues.

Australia

Feb, 2018

Chinese firm's 'lucky' Australian property deal turns sour

People & Companies / Latest News

A Chinese developer, who purchased the Melbourne offices of Computershare 18 months ago for the ?Äúlucky?Äù sum of $88,888,888, has sold the building at a loss in a rising property market.

Australia

Feb, 2018

Cash Converters takes the High Street

People & Companies / Latest News

Australian retail pawnbroker, Cash Converters, has agreed terms on a new six year lease

Australia

Jan, 2018

Ashe Morgan transforms the District Docklands.

People & Companies / Latest News

As a bold counter cyclical move in 2014, real estate investment and advisory group, Ashe Morgan, made the acquisition of the ING portfolio known as ?Harbourtown, in Melbournes Docklands precinct.

Australia

Jan, 2018

Company linked to political donor Huang Xiangmo scoops Circular Quay apartment project

People & Companies / Latest News

The son of controversial political donor Huang Xiangmo has emerged as the mystery buyer of two, billion-dollar apartment projects at Circular Quay and the Gold Coast, sold in a firesale by China's biggest property developer, Wanda.

China

Jan, 2018

IOOF Holdings pays $27m for near-new Bundoora office

People & Companies / Latest News

IOOF Holdings Limited is paying MAB Corporation $26.93 million ?Äì reflecting a yield of 5.9 per cent ?Äì for a near-new office building in Bundoora, 16 kilometres north of the Melbourne CBD.

Australia

Jan, 2018

CWG launches final stage at Stellar, Ryde

People & Companies / Latest News

CWG Development announces new SJB-designed fa?ßade for Stellar as it brings to market the final offering of apartments at its latest iconic boutique development

Australia

Dec, 2017

Does Lowy's deal signal that shopping malls have had their day?

People & Companies / Latest News

Sir Frank Lowy's move to sellhis international Westfield Corp business for $33 billion is being seen as further confirmation that asset values in the retail property sector are peaking.

Australia

Dec, 2017

Holey Moley golf arrives at the Cross

People & Companies / Latest News

The mini golf course and cocktail bar, Holey Moley, Â which is creating a new form of fun nightlife, has leased a prime site under the Coca Cola sign in Kings Cross. Â

Australia

Dec, 2017

High-rise hotel approved for Fishermans Bend

People & Companies / Latest News

A Fishermans Bend high-rise project proposed by local developer R.Corporation has been given the green light after the developer took planning minister Richard Wynne to the tribunal. Â

Australia

Dec, 2017

End of an era: Westfield accepts $32.8b offer

People & Companies / Latest News

Sir Frank Lowy's almost 57-year reign as a shopping centre czar is about to come to an end after Europe's largest listed commercial property company agreed to buy his Westfield Corp in a $32.8 billion deal. Â

Australia

Dec, 2017

Asian capital to continue flowing throughout Melbourne

People & Companies / Latest News

Savills Australia comments on Melbourne's economic stronghold

Australia

Dec, 2017

Centuria Metro fund snaps up $119 million of new assets

People & Companies / Latest News

Centuria Metropolitan REIT has expanded its footprint with the purchase of two new office assets for a combined $119.1 million, and will raise $60 million through an entitlement offer to provide some of the funding. Â

Australia

Dec, 2017

Multiplex completes M&L Hospitality's new boutique hotel in Sydney CBD

People & Companies / Latest News

Leading global contractor Multiplex has completed construction of West Hotel, Curio Collection by Hilton, Australia's first Curio Collection by Hilton hotel.

Australia

Dec, 2017

Foster + Partners to design what could be Sydney's tallest office tower

People & Companies / Latest News

Lendlease has lodged a development application for a 55-storey â??premium-grade office towerâ? for Sydney's Circular Quay.

Australia

Dec, 2017

Holiday Inn expands Melbourne footprint

People & Companies / Latest News

The InterContinental hotel chain's growth strategy has gathered momentum with a second new hotel signing in a week, being a Holiday Inn at Werribee, in Melbourne's west.

Australia

Dec, 2017

Beulah Land International plans townhouses for historic Northcote site

People & Companies / Latest News

Developer Beulah Land International is paying a speculated $13 million for the historic Northcote site where it is believed the controversial Batman's Treaty was presented. Â

Australia

Nov, 2017

Moody lights reveal Articolo's new showroom

People & Companies / Latest News

Lighting showrooms tend to be found on major thoroughfares.Â

Australia

Nov, 2017

Argo Group to sell South Yarra hotel

People & Companies / Latest News

Melbourne's buoyant accommodation sector has prompted local developer Argo Group to offer a 93-room hotel to the market.

Australia

Nov, 2017

Lendlease says it faces safety, engineering challenges

People & Companies / Latest News

Lendlease has highlighted the challenges it faces in providing a safe workplace after three workers died on its construction sites in the last eight months.

Australia

Nov, 2017

Ardent Leisure's new-look board hunkers down for rebuilding phase

People & Companies / Latest News

Ardent Leisure's newly minted chairman Gary Weiss has vowed to unlock value at the Dreamworld theme park on the Gold Coast as part of his greater plan to get the company "back on track". Â

Australia

Nov, 2017

GIC buys major stake in urban redevelopment project in Melbourne

People & Companies / Latest News

GIC has committed to a majority stake in a urban redevelopment project involving the University of Melbourne that will cost an estimated AUD425m (â?¬274m) to develop.

Australia

Nov, 2017

Bidders leave empty-handed as CBRE's development site auction falls flat

People & Companies / Latest News

Developers proved shy at CBRE's latest portfolio auction, buying none of the seven properties under the hammer, despite bidding on all but one. Â

Australia

Nov, 2017

Industrial property landlords preparing for Amazon impact

People & Companies / Latest News

The imminent arrival of online giant, Amazon, has seen a surge in demand for industrial warehouses, with gross leasing activity accelerating past historical benchmarks in the third quarter of 2017, according to JLL research. Â

Australia

Nov, 2017

Domain lists on ASX as a $2.2bn company

People & Companies / Latest News

Fairfax Media's (ASX: FXJ) real estate spinoff Domain has begun trading on the Australian Stock Exchange with market value of $2.2 billion.

Australia

Nov, 2017

Airbnb buys 'Airbnb for disabled people' startup Accomable in accessibility upgrade

People & Companies / Latest News

Airbnb, the accommodation and travel startup that is now valued at $31 billion, is today announcing an acquisition that points to how it wants to address the travel needs of more kinds of customers.

England

Nov, 2017

Dahua Group buying Wollert's Kilarnie Farm for more than $70m

People & Companies / Latest News

Chinese developer Dahua Group is making another major Melbourne land acquisition, snapping up a 56.4 hectare farm in Wollert for a speculated price of more than $70 million.

Australia

Nov, 2017

Bunnings sells four warehouses to CBRE for $180m

People & Companies / Latest News

in the sought-after sector.

Australia

Nov, 2017

Justin Hemmes grows pub empire with $70m shopping spree, snatching up Bondi's Royal Hotel

People & Companies / Latest News

Pub tsar Justin Hemmes has cemented his position as the largest single owner of popular Sydney pubs, splurging more than $70 million on the purchase of three major hotels over the past three months.

Australia

Nov, 2017

Hungry Jack's embraces new-look restaurant

People & Companies / Latest News

The move to offer fast food in a more restaurant-style format is being embraced by all operators as they strive to make customers linger for longer.

Australia

Nov, 2017

Lendlease says timber to Barangaroo South

People & Companies / Latest News

Lendlease has expanded its presence in the engineered timber building sector after lodging a planning application with the Department of Planning and Environment for a second office property at Barangaroo South. Â

Australia

Nov, 2017

Gurner and Smorgons join forces to launch apartment complex

People & Companies / Latest News

Developer Tim Gurner is set to launch a luxury Melbourne apartment complex in a joint venture with a branch of the wealthy Smorgon family. Â

Australia

Nov, 2017

KSI first to offer landbanking to Australian SMSF investors

People & Companies / Latest News

Sydney investment management firm KSI Investments has acquired 11.55 acres ofland in Rossmore, South-West Sydney under a landmark deal for mum and dad investors.

Australia

Nov, 2017

GIC and Australia's Vicinity Centres to swop stakes in mall properties

People & Companies / Latest News

SINGAPORE'S sovereign wealth fund GIC and Australian property group Vicinity Centres have agreed to undertake a property swop.

Australia

Nov, 2017

Amazon Australia closing in on November launch

People & Companies / Latest News

Online shopping giant Amazon is tipped to officially start its Australian business by the end of November to coincide with the Black Friday and Cyber Monday shopping frenzy, when retailers drastically reduce prices. Â

Australia

Nov, 2017

Billionaire Pares Real Estate Holdings With Sale of Hong Kong Skyscraper

People & Companies / Latest News

Hong Kong billionaire Li Ka-Shing has agreed to sell a downtown skyscraper in one of the world's biggest real estate deals ever, the latest in a series of Hong Kong and Chinese-mainland divestitures by the self-made mogul.

Australia

Oct, 2017

Blackstone Group puts three land assets for sale

People & Companies / Latest News

Global private equity firm Blackstone Group Lp has put three pieces of land for sale at an expected valuation of Rs1,000-1,100 crore, said three people familiar with the transaction.

Australia

Oct, 2017

Amazon receives 238 proposals for second headquarters

People & Companies / Latest News

The tally is in: Amazon received 238 proposals from cities, states, districts and territories interested in hosting the company's second headquarters.

Australia

Oct, 2017

Mulpha embarks on $3b new developments at Norwest

People & Companies / Latest News

Developer Mulpha is to embark on a $3 billion expansion of its Norwest Business Park to create a smart city and participate in the growth of the western Sydney corridor.

Australia

Oct, 2017

Dexus, Mirvac tip 10 per cent office rent growth

People & Companies / Latest News

Office landlords are in the box seat, with office rental growth forecast to rise by 10 per cent in the coming year as demand outstrips supply.

Australia

Oct, 2017

Diversified property group Stockland feeling the heat of the flat retail sector

People & Companies / Latest News

Diversified property group Stockland is tipped to sell more retail assets as it reshuffles the portfolio to offset the weak conditions in consumer spending.

Australia

Oct, 2017

Lendlease forms $US400m telco towers fund

People & Companies / Latest News

Lendlease Group has expanded its footprint into the telecommunications sector with an infrastructure joint venture with SoftBank Group to develop and own $US5 billion ($6.3 billion) worth of telecom infrastructure assets in the United States. Â

Australia

Oct, 2017

Lendlease offloads $470m quarter stake in retirement business

People & Companies / Latest News

Diversified property giant Lendlease has sold a quarter of its retirement living business to Dutch pension fund investment manager APG Asset Management for an estimated $470 million.

Australia

Oct, 2017

Mantra says 'oui' to French giant Accor's $1.2b bid

People & Companies / Latest News

The Australian hotel sector will see a major shift in its landscape after the Mantra Group accepted an offer from French-based global giant operator Accor, valued at about $1.2 billion.

Australia

Oct, 2017

Barangaroo wins best in show at the 2017 American Architecture Prize

People & Companies / Latest News

Sydney's Barangaroo development has won the top award at this year's prestigious American Architecture Prize.

Australia

Oct, 2017

AMP fills out One Melbourne Quarter

People & Companies / Latest News

Lendlease has scored its biggest tenant to date for its $2.5 billion Melbourne Quarter project in Docklands.

Australia

Oct, 2017

LOGOS, Frasers Property expand in Sydney's west

People & Companies / Latest News

LOGOS and Frasers Property have expanded their presence in Sydney's west with key leasing deals in industrial property estates.

Australia

Oct, 2017

AusPost moves into Amazon territory with 'free' online delivery

People & Companies / Latest News

Australia Post has launched one of its most significant delivery programs in recent years, Shipster, ahead of the arrival of internet juggernaut Amazon. Â

Australia

Oct, 2017

Max Stern ends up on Collins Street after being bumped by metro works

People & Companies / Latest News

Backpacker haunt Honiton Flats on busy Hoddle Street has sold for $2.3 million on a yield of 5.3 per cent. The two-level brick property is leased to Landing Pads on a five-year term with two five-year options until 2029.Â

Australia

Oct, 2017

Multiplex appointed to stage one of Melbourne Square

People & Companies / Latest News

Multiplex, a leading global contractor, has been appointed by OSK Property to deliver Stage One of its iconic $2.8 billion Melbourne Square development, set to be one of the largest mixed-use precincts in central Melbourne.

Australia

Oct, 2017

GURNERâ„¢ to develop vast Melbourne island site to the tune of $1.5 billion

People & Companies / Latest News

Off the back of the recent completion of its iconic FV development in Brisbane, luxury property developer GURNERâ?¢ has secured its largest and most ambitious Melbourne site to-date, with the acquisition of a 10,000sqm island site in South Melbourne that will add $1.5b+ to the developer's portfolio once complete.Â

Australia

Oct, 2017

Japanese hotel group plans big expansion in Australia after local buyout

People & Companies / Latest News

The $55 million purchase by Prince Hotels, a subsidiary of Japanese Seibu Holdings, of the Australian-based operator Staywell Hospitality Group, will be used as a springboard for expansion across the country. Â

Australia

Oct, 2017

Germany's Kaufland kick offs Australian foray with major supermarket in Adelaide

People & Companies / Latest News

Australia's fiercely competitive grocery sector is set for another shakeup after German giant Kaufland purchased a landmark South Australian site for its first major supermarket in this market. Â

Australia

Oct, 2017

Growthpoint offloads Woolies as Ascot Capital snaps up $32m portfolio

People & Companies / Latest News

Growthpoint Properties Australia has moved to offload Woolworths' Victorian distribution centre and head office in Melbourne's eastern suburbs.

Australia

Sep, 2017

AMP, Unisuper snare key stake in Sydney's $2b Wynyard Place

People & Companies / Latest News

AMP Capital and UniSuper have bought a combined half share of the $1.9 billion Wynyard Place project from Brookfield Property Partners as part of the investors' strategy to boost its presence in the strong Sydney office market.

Australia

Sep, 2017

Cromwell pulls out of $1.7b Singapore float

People & Companies / Latest News

Cromwell Property has shocked investors with its decision to pull its â?¬1.09 billion ($1.7billion) float of a portfolio of European assets, known as CEREIT.

Australia

Sep, 2017

Facebook drops $35M on first urban office in San Francisco

People & Companies / Latest News

The tech giant's deal is the largest lease signed in San Fran in three years

United States of America

Sep, 2017

Lendlease to expand telco towers across America

People & Companies / Latest News

Lendlease will increase its exposure to the North American telecommunication sector with the development of 423 new rooftop towers to get a slice of the massive digital communications market.

United States of America

Sep, 2017

Myer family to sell St Kilda Road complex

People & Companies / Latest News

The Myer family will offload a premium St Kilda Road office to tap strong investor interest as Australia's commercial property sector nears a cyclical peak spurred by falling vacancy rates and rising tenant demand.

Australia

Sep, 2017

Google, Nike to sign Collins Street lease deals with Pembroke

People & Companies / Latest News

Tech giant Google will set up its first Melbourne office in the heart of corporate Australia, leasing space in US property group Pembroke Real Estate's signature Collins Street building.

Australia

Sep, 2017

Flinders Street hotels hit the market

People & Companies / Latest News

The Schwartz family is poised to offload two hotels on Flinders Street, making the most of a market hot for both freehold properties and accommodation.

Australia

Sep, 2017

Deague Group selling $25m+ inner-city car park

People & Companies / Latest News

The Deague Group appears to have found a buyer for an inner-city car park investment it was speculated could be worth more than $25 million.

Australia

Sep, 2017

HPG calls for architects for $600m-plus One Sydney Park

People & Companies / Latest News

HPG Australia's $600 million-plus One Sydney Park development in Sydney's inner west Alexandria has moved a step closer to the starting line with a call to architect and landscape designers to compete in a design competition.

Australia

Sep, 2017

Builder wins damages case against Republic of Turkey

People & Companies / Latest News

The Republic of Turkey has been forced to pay a Melbourne builder $693,824 after losing a damages claim over its consul's palatial $4 million Toorak mansion.

Australia

Sep, 2017

AccorHotels expands in regional NSW

People & Companies / Latest News

AccorHotels has rebranded the HW Boutique Hotel to ibis Styles Port Macquarie and will operate under a franchise agreement.

Australia

Aug, 2017

Lendlease calls for change to expand in build-to-rent sector

People & Companies / Latest News

Changes to Australia's GST treatment for developers are needed if the country is to follow America and Britain in pushing greater use of build-to-rent models, building giant Lendlease said. Â

Australia

Aug, 2017

Meet the Russian developer Trump tapped for Moscow tower

People & Companies / Latest News

IC Expert has developed large mixed-use projects in Russia for over a decade

United States of America

Aug, 2017

Bondi Beach duo add to portfolio

People & Companies / Latest News

Pacific Bondi duo, Rebel Property Group's Allen Linz and Capit.el Group's Eduard Litver, have bought 134-138 Campbell Parade for $18.25 million at a yield of 2.7 per cent.

Australia

Aug, 2017

Industrial property prepares for a fourth revolution

People & Companies / Latest News

Greg Goodman, the chief executive of the Goodman Group, has described changes in the way warehouses operate as "generational".

Australia

Aug, 2017

Charter Hall, Centuria boosted by capital inflow to bricks and mortar assets

People & Companies / Latest News

Demand for higher yielding, income producing assets, has driven strong results for fund managers Charter Hall and Centuria and prompted predictions of continued growth.

Australia

Aug, 2017

End of an era for Chapel Street antiques dealer

People & Companies / Latest News

A family business that has been running since 1901 will end 93 years of continuous trading in Melbourne's popular Chapel Street when it sells its historic shop.

Australia

Aug, 2017

David Jones reveals its first Melbourne food site

People & Companies / Latest News

Upmarket department store David Jones has unveiled the next step in its food evolution, with plans for its first Melbourne concept store.

Australia

Aug, 2017

Leasing Ladder

People & Companies / Latest News

Till Group have leased a 1040sq m site at 2 Giffnock Avenue from Holdmark. The lease term is five years. John Carney, Colliers International.

Australia

Aug, 2017

Dexus says office markets entering a ''golden period''

People & Companies / Latest News

Dexus Property has made the call that the Sydney and Melbourne office markets are entering a golden period of high demand, low vacancy and few new developments, for at least another three years.

Australia

Aug, 2017

Charter Hall leaves Westpac at the altar

People & Companies / Latest News

Charter Hall has walked away from a potential deal with Westpac's $14.3 billion infrastructure investment business, Hastings Management, amid concerns in the market that some investors had threatened to terminate an agreement, thereby impact on the sale.

Australia

Aug, 2017

Cremorne rents surge as office takes root

People & Companies / Latest News

The local arm of the Walt Disney Company is making the move to Cremorne, the former industrial Richmond suburb shaping up as one of Melbourne's hottest office markets. Â

Australia

Aug, 2017

Ascendas Singapore pays $252m for GDI Property asset

People & Companies / Latest News

The push to get a toe-hold into the tight CBD office markets has seen the Singapore-based real estate firm Ascendas-Singbridge pay $252 million for the A-grade commercial office tower at 66 Goulburn Street, Sydney.

Singapore

Aug, 2017

GPT launches $230m Parramatta office tower

People & Companies / Latest News

Parramatta is set for a new $230 million office tower as part of its $6 billion transformation with the appointment of architects Fender Katsalidis at 32 Smith Street by the owner GPT Group and a Parramatta City Council Design Competition jury.

Australia

Aug, 2017

GPT upgrades earnings on stronger leasing and development project

People & Companies / Latest News

Diversified property group GPT has lifted its full-year earnings guidance to 3 per cent based on stronger market conditions across its portfolio and an increased weighting to new development projects to future-proof rental income.

Australia

Aug, 2017

Ardent Leisure reports slide in earnings but looks to better times

People & Companies / Latest News

Ardent Leisure has announced its transition to a customer experience-driven leisure and entertainment portfolio is complete, after flagging a 44.6 per cent drop in earnings for the year to June 30.

Australia

Aug, 2017

Leasing Ladder

People & Companies / Latest News

Freevalia has leased a 359sq m site at level 2, building C, 14 Rodborough Road from Neil Street P/L. The lease term is three years. Francesco Princi, JLL.

Australia

Aug, 2017

ALE Property pub tenants generate solid rent reviews

People & Companies / Latest News

The country's biggest pub landlord, ALE Property, is benefiting from the expansion and redevelopment projects of its major tenant, Woolworths' ALH business, including the major upgrade of the Young & Jackson in the Melbourne CBD.

Australia

Aug, 2017

Building boom fuels James Hardie results

People & Companies / Latest News

A long-running building boom has fuelled strong demand for cement sheeting panels, weatherboards and interior panelling products, boosting building products maker James Hardie's Australian operations.

Australia

Aug, 2017

Growland Group buying 143-hectare Werribee farm

People & Companies / Latest News

Growland Group, a local developer backed by Asian investors, has entered into exclusive negotiations with a Melbourne family to buy an enormous Werribee farm, not yet zoned for residential redevelopment, for a speculated price of more than $30 million. Â

Australia

Aug, 2017

Amazon warehouse lease in Dandenong to create jobs and put focus on costs

People & Companies / Latest News

Global online giant Amazon's commitment to a new warehouse in Melbourne's Dandenong will not only create many new jobs, but will also put the focus on the cost structures and store roll-outs of Australian retailers. Â

Australia

Aug, 2017

KordaMentha's shift from restructuring to development

People & Companies / Latest News

KordaMentha is not a name usually associated with property development, but the insolvency specialists' real estate arm has just completed an apartment project in Melbourne's hip inner-city Northcote. Â

Australia

Aug, 2017

Casino hotel aimed at China's ultra rich is struggling to open

People & Companies / Latest News

The 13 Hotel stands empty in a sleepy corner of Macau while its owners seek more cash and the necessary permits to operate -- not to mention an elusive license to open a casino.

Macau SAR

Aug, 2017

Can anyone spare a billion? Here are five trophy buildings that could have sold in early 2017 – but didn't

People & Companies / Latest News

Manhattan's investment sales market had a rough first half of the year.

United States of America

Aug, 2017

LOGOS expands property base

People & Companies / Latest News

Private developers LOGOS has expanded its footprint with  the purchase of a 10-hectare parcel of vacant development land in the industrial logistics precinct of Berrinba, Brisbane for about $22.1 million. Â

Australia

Jul, 2017

EVEN Hotel chain to expand across Australasia

People & Companies / Latest News

Staying at a hotel is no longer just about a bed and shower, it's an experience, according to hoteliers, and that has triggered a new range of offerings from high-tech communal spaces to "wellness". Â

Australia

Jul, 2017

Amazon sets sights on Bunnings Dandenong

People & Companies / Latest News

Online giant Amazon has arrived in Australia with news of a lease agreement of the former Bunnings distribution centre at 29 National Drive, in Dandenong, within the M2 Industry Park, which is owned by Pellicano. Â

Australia

Jul, 2017

Louis Vuitton's Soho home is for sale on European securities markets

People & Companies / Latest News

Italian owners set up Luxembourg holding company.

United States of America

Jul, 2017

Ariadne outlines strategy to unlock $1b in value to Ardent investors

People & Companies / Latest News

Corporate raider Ariadne has identified a range of new proposals that could unlock up to $1 billion in value for Ardent shareholders.

Australia

Jul, 2017

Kabbalah Centre buying Fine Arts Building for $60M

People & Companies / Latest News

Greek hedge funders have owned the Midtown showrooms since 2013.

United States of America

Jul, 2017

Leasing Ladder

People & Companies / Latest News

Interactive Projects P/L has leased a 455 sqm site at 3/30 Burrows Road from a private investor. The lease term is two years plus a two-year option. Alex Sarroff, Knight Frank.

Australia

Jul, 2017

Masters stores for sale as Woolies-Lowe's battle nears end

People & Companies / Latest News

Big-box retailing is poised for its biggest shake-up in years with the imminent settlement of Woolworths' battle with former joint-venture partner Lowe's and the finalisation of an $830 million deal to offload its Masters stores.

Australia

Jul, 2017

Kozminsky jewellers building sold to Gianarelli family for $7.6m

People & Companies / Latest News

The former home of Kozminsky jewellers in Melbourne's Bourke Street has changed hands for $7.6 million after being snapped up by Melbourne's Giannarelli family, setting a new benchmark land rate in city.

Australia

Jul, 2017

Joe Russo's Caydon snaps up Northcote site

People & Companies / Latest News

Joe Russo's Caydon Property Group has snapped up a permit-approved apartment development site off market.

Australia

Jul, 2017

Gurner unveils plans for $350m landmark Collingwood development

People & Companies / Latest News

Gurner has unveiled its proposed design for its latest landmark development, a 5,100sqm prime site that stretches almost 200m along Wellington Street from Victoria Parade in Collingwood

Australia

Jul, 2017

Facebook unveils plans for a new campus

People & Companies / Latest News

Situated adjacent to Facebook's headquarters, the space will offer 1,500 units of housing and 125,000 square feet of retail space, including a grocery store, pharmacy, and shops

United States of America

Jul, 2017

Blackstone buys twin hotels in El Segundo for $97M

People & Companies / Latest News

Seller Rubicon paid $26.9M for the properties in 2013

Australia

Jul, 2017

Leasing Ladder

People & Companies / Latest News

Heyday5 P/L has leased a 30sq m office suite at Suite 8/Ground Floor, 2 Cornwallis Street, the International Business Centre building, from Centuria ATP Fund. The lease term is 20 months. John Skufris, Ray White Commercial South Sydney.

Australia

Jul, 2017

Former Recording Studio of David Bowie and Tina Turner On Sale

People & Companies / Latest News

The Mayfair Recording Studios on Primrose Hill, London, have been converted into a spectacular mixed-use residence inspired by Parisian Art Deco icon Maison de Verre. Â

United States of America

Jul, 2017

Germany's Deka puts Chevron Tower in Singapore on sale

People & Companies / Latest News

Deka Immobilien GmbH, a unit of Germany's DekaBank Group, is putting up an office building for sale in Singapore's central business district, according to a person familiar with the matter.

Singapore

Jul, 2017

Aimco buys back full ownership of La Brea apartments for $451.5M

People & Companies / Latest News

Aimco was in a JV with J.P. Morgan Asset Management.

United States of America

Jul, 2017

Fifth PropertyGuru Philippines Property Awards 2017: Best moments

People & Companies / Latest News

What you missed from the archipelago's most prestigious annual real estate gala.

Philippines

Jul, 2017

Ardent Leisure under spotlight with new investor

People & Companies / Latest News

A company controlled by Aveo's billionaire chairman Seng Huang Lee has acquired a substantial stake in Ardent Leisure, sending the theme park operator's shares sharply higher. Â Â

Australia

Jul, 2017

Blackwall has new investor

People & Companies / Latest News

Robert Millner and the team at Soul Pattinson's investment group URB Investments Ltd have acquired just over 900,000 shares, or 1.5 per cent, in BlackWall Ltd.

Australia

Jul, 2017

How Shared Office Space Became a Billion-dollar Business

People & Companies / Latest News

The billionaire founders of WeWork â?? a co-working space company â?? are disrupting corporate office homogeneity forever.

United States of America

Jun, 2017

A developer just closed largest land deal in China's history

People & Companies / Latest News

China Vanke Co., one of China's biggest developers, just swooped in to scoop up land in the heart of Guangzhou.Â

Australia

Jun, 2017

Melbourne Quarter lodges plans for final commercial tower

People & Companies / Latest News

Lendlease has lodged plans for Melbourne Quarter's third and final commercial tower, Two Melbourne Quarter, at 697 Collins Street.

Australia

Jun, 2017

Mirvac gives away $59,400 as apartment competition heats up

People & Companies / Latest News

Apartments with city views over the water in one of property giant Mirvac's developments are being offered to buyers at a whopping $59,400 discount on their $495,000 advertised price.

Australia

Jun, 2017

3XN wins contract to design new Sydney Fish Market

People & Companies / Latest News

One of Europe's leading architectural firms has been chosen to design the new $250m-plus Sydney Fish Market at the head of Blackwattle Bay.

Australia

Jun, 2017

Ardent looks to Main Event business as growth engine

People & Companies / Latest News

Ardent Leisure's new chief executive Simon Kelly has moved to put his stamp on the business, with the release of updated earnings, but warned investors of a fall in the full year distribution, due to the sale of the health clubs and the weakness in Dreamworld theme park contributions.

Australia

Jun, 2017

Developers offer to pay stamp duty, furniture and rent to sell apartments

People & Companies / Latest News

A mystery shopping trip to buy an apartment has uncovered a top tier developer offering a whopping $59,400 discount on a $495,000 apartment, about 12 per cent of the purchase price.

Australia

Jun, 2017

Baccarat Hotel Looks to Expand to China

People & Companies / Latest News

It may not be long before consumers in China see Baccarat Hotel's iconic crystal facade near their doorstep.

China

Jun, 2017

Multiplex appointed to Tower 5 at Collins Square

People & Companies / Latest News

Multiplex, a leading global contractor, has been appointed to deliver the fifth and final commercial office tower that will complete Walker Corporation's $2.5 billion landmark Collins Square development located at 727 Collins Street in Melbourne's CBD.

Australia

Jun, 2017

Dexus Property reveals strong increase in valuations as office market makes gains

People & Companies / Latest News

Dexus Property says the strength of the national office market and rising land values have resulted in a $636 million, or 5.9 per cent, increase on prior book values for the year to June 30. Â

Australia

Jun, 2017

AMP Capital signs Electrolux at Crossroads

People & Companies / Latest News

AMP Capital has announced appliance group Electrolux will take a 10-year lease at its $130 million Crossroads Logistics Centre, located at Casula in Sydney's south-west.

Australia

Jun, 2017

Lendlease appoints architects Foster + Partners for $1.5b Circular Quay tower

People & Companies / Latest News

Lendlease has started the process to construct a new $1.5 billion tower at Circular Quay, Sydney, with the appointment of architects Foster + Partners.

Australia

Jun, 2017

The Valley's' gentrification gathers momentum as Tim Gurner's $600m FV project nears completion

People & Companies / Latest News

As two of the three towers in Tim Gurner's $600 million FV project near completion, it promises to accelerate the gentrification of Brisbane's inner city Fortitude Valley.

Australia

Jun, 2017

Blackstone looks to sell Miracle Mile office

People & Companies / Latest News

445K-sf building last traded for $137M

United States of America

Jun, 2017

Leasing Ladder

People & Companies / Latest News

Destined 4 P/L has leased a 78sq m office at Suite 4, 281 Pacific Highway from a private investor. The lease term is two years. Julie Hilder, Aspace Estate Agents.

Australia

Jun, 2017

Goodman may need new tenant in Pyrmont

People & Companies / Latest News

Landlord Goodman Group may have to start looking for a new tenant at its Pyrmont site in City West Office Park, Saunders Street, should the incumbent lease, held by Channel Ten, come back onto the market.

Australia

Jun, 2017

Investa unveils major foyer refurbishment at 259 Queen Street

People & Companies / Latest News

Investa Commercial Property Fund unveiled its extensive foyer refurbishment of its A Grade, 16-level office building at 259 Queen Street in Brisbane's CBD.

Australia / Brisbane

Jun, 2017

Hotelier Simon Tilley snaps up Greenwood pub lease

People & Companies / Latest News

Sydney hotelier Simon Tilley has extended his pub footprint with the purchase of the leasehold in the Greenwood Hotel, North Sydney from the Balmain Pub Group (BPG) for just over $10 million.

Australia

Jun, 2017

Blackstone plans to sell San Francisco's Ferry Building

People & Companies / Latest News

The largest real estate buyout of all time is set for its final chapter as Blackstone Group LP moves toward selling San Francisco's landmark Ferry Building and two other properties.

United States of America

Jun, 2017

Gurner wins appeal in Supreme Court over Spanish Club

People & Companies / Latest News

Rich-lister and high-profile developer Tim Gurner has won a Supreme Court appeal to have a planning tribunal decision halting the redevelopment of Fitzroy's Spanish Club reheard.

Australia

Jun, 2017

Boutique hotels on the rise as China's wealthy splurge on accommodation

People & Companies / Latest News

Among the biggest trends among China's luxury travelers is the growing popularity of boutique hotels, according to new research presented by the Hurun Report's Rupert Hoogewerf at ILTM Asia in Shanghai.

Australia

Jun, 2017

Empty storefronts plague Westfield's WTC mall nearly one year after grand opening

People & Companies / Latest News

Roughly 20% of space is empty

United States of America

Jun, 2017

Istanbul-based architecture firm opens first NYC office

People & Companies / Latest News

TabanlioÄ?lu has worked with Madison Equities among other developers

United States of America

Jun, 2017

Multiplex continues to deliver at UNSW

People & Companies / Latest News

Leading global contractor Multiplex has completed the University of New South Wales' new $125 million Bioscience Building.

Australia

Jun, 2017

Clive Palmer sells Queensland Nickel headquarters

People & Companies / Latest News

Embattled businessman Clive Palmer has sold the head office of his Queensland Nickel company as part of a $53.7 million sale of three adjoining properties in Brisbane's "Golden Triangle".

Australia

Jun, 2017

BlackRock quietly shopping 600 Third

People & Companies / Latest News

Sources say the building is worth around $400M

Australia

Jun, 2017

Amazon's entry to Australia will disrupt online sellers and bricks and mortar: experts

People & Companies / Latest News

It has been a busy year for the real estate investment trust sector, amid the long-running battle for control of Investa Office Fund, volatile share market and changing yield market.

Australia

Jun, 2017

ANBANG BUYS AMSTERDAM HOTEL FROM BLACKSTONE FOR $392M

People & Companies / Latest News

Anbang Group has forged another deal with Blackstone, buying an Amsterdam hotel from the US private equity giant for â?¬350 million ($391.6 million), Dutch real estate news site PropertyNL has reported.

Netherlands

Jun, 2017

Industrial sector gains impetus from savvy investors

People & Companies / Latest News

Industrial assets are in high demand, not just from the entry of Amazon, but also the fact that there are more than $86.8 billion in transportation infrastructure projects currently underway. Â

Australia

May, 2017

Kozminsky Bourke Street freehold for sale

People & Companies / Latest News

The closure of Kozminsky jewellery store at 421 Bourke Street has prompted its owner, the Shaw family, to put the three-storey Victorian building on the market. Â

Australia

May, 2017

Century City Walks into arms of IPG

People & Companies / Latest News

Sydney-based advisory firm iProsperity Group has snapped up the Century City Walk shopping mall in Glen Waverley to become one of the largest landowners in the burgeoning retail precinct. Â

Hong Kong SAR

May, 2017

Leasing Ladder

People & Companies / Latest News

Victoria Uriarte has leased an 80sq m site at 105-109 McEvoy Street from McEvoy 105 P/L. The lease term is four years. Marino Rodriguez, Taylor Nicholas South Sydney.

Australia

May, 2017

China's biggest developers are betting on cosmetic surgery hospitals

People & Companies / Latest News

AÂ cosmetic surgery palace is a gamble by one of China's most indebted developers, China Evergrande Group: get into the health-care business as a new strategy to boost profit.Â

China

May, 2017

All hail Hong Kong's newest 'land king'?

People & Companies / Latest News

Record transactions not letting up in the Chinese SAR as site in former airport opens up for tender

Hong Kong SAR

May, 2017

Auto dealer plans Coney Island showroom

People & Companies / Latest News

The two-story building at 809 Neptune Ave. will span 77K sf

United States of America

May, 2017

Charter Hall snaps up Dexus site for $229m

People & Companies / Latest News

Charter Hall's Prime Office Fund and Direct Office Fund have extended their joint venture with the exchange of contracts with Dexus Property to buy the office tower at 105 Phillip Street, Parramatta, Sydney, for $229 million. Â

Australia

May, 2017

Mathieson sells $23m industrial site leased to CSR

People & Companies / Latest News

A large industrial warehouse leased to a subsidiary of building products giant CSR in Melbourne's south-eastern industrial heartland is setting fresh benchmarks for industrial yields, selling for $23 million.

Australia

May, 2017

Cedar Woods lists Target's new Williams Landing office

People & Companies / Latest News

ASX-listed Cedar Woods' re-announcement this week that retailer Target has pre-committed to a long-term lease at its new Williams Landing office â?? it made a similar statement five months ago â?? was the precursor to a bigger story: Cedar Woods is selling the Target building. Â

Australia

May, 2017

GreenOak buys Thor out of UWS rentals in $190M deal

People & Companies / Latest News

The partners paid $127M for the three buildings in 2013 and 2014.

United States of America

May, 2017

Apple's new headquarters is a sign of tech's boom, bravado

People & Companies / Latest News

Slew of lavish corporate campuses marks a departure for the industry

United States of America

May, 2017

Leasing Ladder

People & Companies / Latest News

Prostruct Projects Pty Ltd has leased a 271sq m Warehouse and office  at 5/57a Rhodes Street from Qiumin Estate P/L. The lease term is two years. Marino Rodriguez, Taylor Nicholas South Sydney.

Australia

May, 2017

Marriott profit beats on higher occupancy

People & Companies / Latest News

Marriott International Inc, the world's largest hotel chain, has reported a higher-than-expected quarterly profit, driven by higher room rates and occupancy.

Australia

May, 2017

Historic Adelphi Hotel reopening after extensive renovation

People & Companies / Latest News

The 140-year-old Adelphi Hotel will open for the summer's horse season in Saratoga Springs after a $34 million restoration.

United States of America

May, 2017

Big enough for King Kong: Animatronics company Creature Technology signs lease deal

People & Companies / Latest News

A budding Melbourne art company which manufactures enormous stage-show quality animals and life-like animatronics for international arenas has signed a major industrial lease deal in Fishermans Bend.

Australia

May, 2017

Japan's priests turn to property development

People & Companies / Latest News

To make money, Japanese priests turned to real estate, a sign of the times as Japan experiences a property boom fueled by ultralow interest rates and a new inheritance tax that's encouraged retirees to shelter money in rental properties.

Japan

May, 2017

Founders of Brooklyn's most prolific condo developer Brookland Capital split up

People & Companies / Latest News

Assaf Fitoussi is departing company, selling his shares to Boaz Gilad.

United States of America

May, 2017

Major hotel operators set sights on Australia

People & Companies / Latest News

Intercontinental Hotel Group and Marriott International are among many global hotel operators that have earmarked Australia as a growth centre. Â

Australia

May, 2017

Dexus Property welcomes Amazon's arrival in industrial property market

People & Companies / Latest News

Dexus Property says the arrival of global internet giant Amazon will support the Australian industrial property sector through increased demand for warehouses and logistic sites, which will boost rents for landlords.

Australia

May, 2017

APRA warns on commercial property lending standards

People & Companies / Latest News

Australia's powerful banking regulator has fired another warning shot at the commercial property sector, saying it will further investigate lending standards and consider "additional guidance" if necessary.

Australia

Apr, 2017

Leasing Ladder

People & Companies / Latest News

Collective Roasting Solutions P/L has leased a 264sq m site at 42/112 McEvoy Street from Alex Leone. The lease term is three years. Marino Rodriguez, Taylor Nicholas South Sydney. Â

Australia

Apr, 2017

GPT boosts logistics business portfolio

People & Companies / Latest News

GPT Group has boosted its logistics business with the practical completion on a 18,000 square metre logistics facility at 18-24 Abbott Road, Seven Hills.

Australia

Apr, 2017

Landmarks OKs Waldorf condo conversion

People & Companies / Latest News

Most of the work involves restoration, repair and cleaning.

United States of America

Apr, 2017

MBE secures new base in Altona

People & Companies / Latest News

Matthew Brothers Engineering Pty Ltd (MBE) is the latest business to acquire prime industrial space in Altona, following the practical completion of its new manufacturing facility which was purchased for $7million.Â

Australia

Apr, 2017

AMP Capital's 33 Alfred Street set for a facelift

People & Companies / Latest News

The country's first skyscraper, 33 Alfred Street, owned by AMP Capital, in the prime position at Circular Quay, is to get a much-needed facelift as part of the $1 billion redevelopment of the Quay Quarter. Â

Australia

Apr, 2017

Malaysian group buys Newspaper House for $35m

People & Companies / Latest News

Newspaper House, the heritage Collins Street building with a glittering mural mosaic on its facade, has sold for $35 million just two years after it was acquired by listed Singapore developer/builder Lian Beng for $22.7 million.

Malaysia

Apr, 2017

George Xu debuts offering plan for $106M Farrington condo in Flushing

People & Companies / Latest News

Project will also bring 210-key hotel to 134-37 35th Avenue.

United States of America

Apr, 2017

CBRE Melbourne announces recruitment trifecta

People & Companies / Latest News

CBRE has expanded its highly successful Victorian Development Sites team with the appointment of former Ray White sales agents, Jimmy Tat, Leon Ma and David Silcock.

Australia

Apr, 2017

Leasing Ladder

People & Companies / Latest News

Oliver Brown has leased a 684 sqm site at Unit 29, 38-46 South Street from AMP Capital. The lease term is five years. Murray Pettinger, GJS Property.

Australia

Apr, 2017

Greenwood Hotel to test hot pub market

People & Companies / Latest News

One of the most recognisable pubs in Sydney, the Greenwood Hotel's leasehold is being offered for sale as the operators take advantage of the booming hotel sector, which has seen more than $200 million worth of assets and leases change hands this year.

Australia

Apr, 2017

IHG scores $290M to refi Midtown East hotel

People & Companies / Latest News

Deutsche is the lender on the 14-story property at 111 East 48th.

United States of America

Apr, 2017

Amazon looks at Goodman facility for first warehouse

People & Companies / Latest News

Amazon has hit the ground running in Australia, with industrial property agents saying it has signed a lease deal for a large purpose-built warehouse at the Goodman Group's $50 million Oakdale Industrial Estate

Australia

Apr, 2017

How I did it: Mary Ann Tighe on cracking – and staying on top of – the brokerage game

People & Companies / Latest News

Dealmaker discusses NYT Building deal, CRE's cutthroat nature & more.

United States of America

Apr, 2017

Google makes Nevada land grab for data center

People & Companies / Latest News

Alphabet unit pays $29.1 million for 1,210 acres a few miles south of Tesla's battery 'gigafactory'

United States of America

Apr, 2017

Doltone House opens at ATP

People & Companies / Latest News

Venue and catering collection Doltone House has expanded its footprint with the newest venue setting up at the Australian Technology Park in Eveleigh, Sydney

Australia

Apr, 2017

Greenland to launch $1.6b Sydney Park City

People & Companies / Latest News

The planned $1.6 billion mixed use development by Greenland and Gold Horse (GH Australia) is gaining momentum with the launch of the site that will deliver parklands for the Erskineville area.

Australia

Apr, 2017

CFMEU lists Carlton headquarters

People & Companies / Latest News

Four months after paying $30 million for new headquarters on Elizabeth Street, the controversial Victorian arm of the Construction, Forestry, Mining and Energy Union is selling its control centre at Swanston Street, Carlton. Â

Australia

Apr, 2017

Custom-pizza chain Pieology signs for first two NYC shops

People & Companies / Latest News

California-based company coming to Greenwich Village, Williamsburg.

United States of America

Apr, 2017

Mantra Hotel Sydney Airport close to open

People & Companies / Latest News

Mantra Hotel has moved closer to the opening of the hotel at Sydney Airport at a time when hotel room supply is said to be lower than demand.

Australia

Apr, 2017

Cbus Property offers affordable housing at Newmarket Randwick

People & Companies / Latest News

Cbus Property has entered into an agreement with Randwick City Council to construct a minimum of 10 apartments for affordable housing on the site of the Newmarket Big Stable area, near Randwick Racecourse, which has been designated for community use. Â

Australia

Apr, 2017

Growland: leveraging scale and amenity to find an affordable housing solution

People & Companies / Latest News

In the midst of a heated debate over housing affordability, developer Growland believes it has struck the right balance between the scale of its $600 million Victoria Square development and attractive amenity to be able to offer its one-bedroom apartments at an â??affordableâ? $298,000.

Australia

Apr, 2017

Australia's biggest pension fund mulls U.S. infrastructure buys

People & Companies / Latest News

President Donald Trump's plan to fix America's crumbling infrastructure with $1 trillion of private and public investment over a decade is drawing interest from 10,000 miles away.

Australia

Apr, 2017

Blackstone snaps up $126m portfolio

People & Companies / Latest News

Global investment giant Blackstone has increased its exposure to the Australian property market with the acquisition of four industrial assets for $126 million from two Charter Hall funds.

Australia

Apr, 2017

Investa Office bid puts property in the spotlight

People & Companies / Latest News

The Cromwell offer for Investa Office Fund, valued at about $3 billion, has ignited a fresh round of interest in the real estate investment trust sector.

Australia

Apr, 2017

Millennium takes Mt Waverley office lease

People & Companies / Latest News

ASX listed cleaning, security and integrated service specialist, Millennium Services Group Limited, has agreed terms on a new office lease at Mt Waverley in Melbourne's south-east in a deal brokered by Savills Australia.

Australia

Apr, 2017

Decline of suburban office sector in U.S. is over-hyped, says CBRE

People & Companies / Latest News

With the migration of many millennials to urban environments, some commercial real estate industry observers are less than bullish when it comes to suburban office product.

United States of America

Apr, 2017

Dacland welcomes new chief executive officer, Travis Deans

People & Companies / Latest News

Leading land developer, Dacland has announced the appointment of former Metro Property Group Chief Financial Officer, Travis Deans to the role of Chief Executive Officer.

Australia

Apr, 2017

HNA venture said to bid for CapCo's $375 million London venue

People & Companies / Latest News

HNA Group Co., the Chinese conglomerate that last month purchased a stake in Deutsche Bank AG, is in talks to acquire the Olympia exhibition center in west London from Capital & Counties Properties Plc, according to three people with knowledge of the matter.

England

Apr, 2017

Melbourne University to offload Sturt Street car park site

People & Companies / Latest News

Melbourne University has moved to offload a large vacant site in Southbank now used as a public car park as it seeks funds to build the new home for the Melbourne Conservatorium of Music nearby. Â

Australia

Apr, 2017

Commodities firm inks 60K sf lease at Vornado's 330 Madison Avenue

People & Companies / Latest News

Asking rent was in the low $70s per sf.

United States of America

Apr, 2017

Charter Hall undertakes $200m debt placement

People & Companies / Latest News

Property landlords are now weighing into the favourable debt markets with close to $900 million raised in the past week to provide the real estate investment trusts with secure and longer-termed bank facilities.

Australia

Apr, 2017

Former Sydney hotel to be used as pop-up accommodation for vulnerable youth

People & Companies / Latest News

Developer TOGA and real estate investor Qualitas have transformed the former Addison Hotel in Kensington in Sydney's east into pop-up accommodation for vulnerable youth, after donating the vacant building for a minimum of 12 months while it awaits development approval.

Australia

Apr, 2017

Ixom signs anew at 1 Nicholson

People & Companies / Latest News

Chemicals company Ixom has signed a lease on three floors of 1 Nicholson Street, Melbourne's first glass skyscraper.

Australia

Mar, 2017

Commons poised for growth

People & Companies / Latest News

Melbourne's second largest co-working space operator, The Commons, is planning a third office in the hip commercial precinct of Cremorne.

Australia

Mar, 2017

China's new Ping An Finance Center now fourth tallest building in the world

People & Companies / Latest News

The Council on Tall Buildings and Urban Habitat (CTBUH) announced that Ping An Finance Center is officially complete according to CTBUH criteria.

China

Mar, 2017

Miron Solomons: basement retail 'expert' wins another mandate for coveted Martin Place venue

People & Companies / Latest News

Colliers International director Miron Solomons has won the mandate to sell the downstairs bar/restaurant at 53 Martin Place, occupied on a 5+5+5 lease by the operators of the Barrio Cellar chain after a string of successes in selling similar basement venues around the Sydney CBD.

Australia

Mar, 2017

Artbank takes stake in Collingwood

People & Companies / Latest News

Government artworks lending agency Artbank will shift from leafy Armadale to gritty Collingwood in a move that will increase its space and save on rental costs.

Australia

Mar, 2017

Mantra Group share surge as hotel sector booms

People & Companies / Latest News

Mantra hotel group has seen its shares surge 12.6 per cent, amid a fresh round of takeover speculation with a range of names, including the Hyatt and InterContinental Hotel groups, mentioned as possible suitors. Â

Australia

Mar, 2017

Leasing Ladder

People & Companies / Latest News

Freelease Copiers has leased a 573 sq m site at unit 6/19-21 Gibbes Street from Mansell Investments P/L. The lease term is three years plus a three-year option. Hugh Anderson, Sutton Anderson. Â

Australia

Mar, 2017

Dexus Property rebrand

People & Companies / Latest News

Dexus Property has undergone a rebrand to "lift awareness, shift conversation and enhance value".

Australia

Mar, 2017

CBRE appointed to handle the sale of the Sustainable Agriculture Fund

People & Companies / Latest News

CBRE Agribusiness has been appointed by AgCAP to market one of Australia's largest agricultural portfolios, the Sustainable Agriculture Fund (SAF).

Australia

Mar, 2017

Gina Rinehart joins investors on hunt for $200m in rural assets

People & Companies / Latest News

Investors including Gina Rinehart are expected to cast a ruler over the AgCAP Sustainable Agriculture Fund, which comprises 17 farms across the country, valued at between $180 million to $200 million.

Australia

Mar, 2017

Cushman & Wakefield rapidly expands Melbourne footprint with 16 strategic appointments

People & Companies / Latest News

Cushman & Wakefield has significantly expanded its Melbourne agency and global occupier platforms with the recent appointment of 16 new operatives in the current quarter as the Company continues to build a leading presence across Australia's East Coast.

Australia

Mar, 2017

Isuzu Trucks and Amnar join DEXUS Industrial Estate, Laverton North

People & Companies / Latest News

DEXUS Property Group (â??DEXUSâ?) today announced that it has secured Isuzu Australia Limited (â??Isuzuâ?) and Anmar Group (â??Anmarâ?) on long term leases at DEXUS Industrial Estate, Laverton North.

Australia

Mar, 2017

Melbourne Quarter Tower receives Minister's tick of approval

People & Companies / Latest News

Continued demand for more office space in Melbourne is showing no signs of slowing following Planning Minister Richard Wynne's approval of Melbourne Quarter's second commercial tower, Melbourne Quarter Tower.

Australia

Mar, 2017

Manhattan or bust: Hooters looks to open new locations

People & Companies / Latest News

Company scouted out East Harlem sites.

United States of America

Mar, 2017

LOGOS Property ink $60m industrial land deal

People & Companies / Latest News

LOGOS Property has increased its footprint in the industrial property space with two new sites that have an end development value of about $60 million.

Australia

Mar, 2017

Former PM Paul Keating joins commercial financier MaxCap

People & Companies / Latest News

Former prime minister Paul Keating has taken a financial stake and board position at property financiers MaxCap, a group leading the charge on super funds investing in lucrative commercial real estate lending.

Australia

Mar, 2017

Brookfield forecloses on Brill Building

People & Companies / Latest News

Lender won the landmark Midtown office property at UCC auction.

United States of America

Mar, 2017

Central West gets the tick for Warehouse & Distribution Solutions

People & Companies / Latest News

Warehouse & Distribution Solutions has signed a new seven-year lease on an industrial facility in Sydney's Central West.Â

Australia

Mar, 2017

Monark stepping up to the lending plate for developers

People & Companies / Latest News

With banks tightening loans to developers in recent years, alternative lending providers like Monark Property Partners have mucked in to meet the increasing demand for capital.

Australia

Mar, 2017

HNA buys fourth site near old Hong Kong Airport for mega-project

People & Companies / Latest News

Chinese conglomerate HNA Group Co. beat 14 bidders to buy a fourth plot of land near Hong Kong's former airport.

Hong Kong SAR

Mar, 2017

Industrial rental growth favours Chullora sale

People & Companies / Latest News

Abacus Property Group has acquired a major freestanding office warehouse in Chullora from AMP Capital for $35million, highlighting the strength of the current industrial leasing market in Western Sydney.

Australia

Mar, 2017

LeFrak to buy Dumont hotel for $120m, eyeing resi conversion

People & Companies / Latest News

Pebblebrook selling second of two properties after split from Denihan.

United States of America

Mar, 2017

DWPF's $250 million equity offer fully subscribed

People & Companies / Latest News

DEXUS Wholesale Property Fund today announced that its $250 million equity offer has been fully subscribed, continuing strong interest from existing and potential investors.

Australia

Mar, 2017

Kingsmede divides and conquers at Padstow

People & Companies / Latest News

Property owners are embracing new strategies to lease sites when faced with tenants in trouble to ensure the financial stability of the assets.

Australia

Mar, 2017

Airbnb explores expansion in long-term home rentals

People & Companies / Latest News

The home-sharing startup is interested in doing the same for people who want to find a place to live.

United States of America

Mar, 2017

Castellum invests €23m in Gothenburg logistics facilities

People & Companies / Latest News

Castellum has begun construction of a new logistics building in the Gothenburg harbour area â?? as the first part a major drive to establish the large-scale logistics required to support expansion of the Gothenburg harbour. T

Austria

Mar, 2017

Holiday Inn opens new Sydney hotel

People & Companies / Latest News

The InterContinental Hotel Group is expanding its footprint with a new Holiday Inn planned in Sydney's Chinatown.

Australia

Mar, 2017

Amazon to seek Australian logistic centres

People & Companies / Latest News

Amazon has made its first official step towards entry into the Australian market with the appointment of agents, understood to be CBRE, to look for distribution sites that will be the hub for its business across the country.

Australia

Mar, 2017

Isaac Chetrit sues would-be buyer of Garment District office building for allegedly backing out

People & Companies / Latest News

Frank Ng accused of defaulting twice after entering contract to pay $38M.

United States of America

Mar, 2017

Mr. C-port: Cipriani-branded hotel to open in South Street Seaport by end of 2017

People & Companies / Latest News

Hotel is family's first in NYC.

United States of America

Mar, 2017

Lendlease, Westfield expand UK projects

People & Companies / Latest News

The global expansion for Australian-listed Lendleaseâ?? and Westfield will see the two groups take on very large projects in the year ahead across London.

Australia

Mar, 2017

BK landlord plans 95K sf resi building on Harlem's 125th St.

People & Companies / Latest News

Haim Nortman's new property on church site would hold 71 apartments.

United States of America

Feb, 2017

Docklands real estate bounces back

People & Companies / Latest News

Docklands real estate, a bellwether for Melbourne's property market, has bounced back with a row of waterfront restaurants in Newquay Promenade selling for yields below 6.5 per cent.

Australia

Feb, 2017

Folkestone, Roxy Pacific see solid earnings growth

People & Companies / Latest News

Folkestone Group and Singaporean Roxy-Pacific Holdings are on the expansion trail across the country to take advantage of the strong office, education, hotel and residential property markets. Â

Australia

Feb, 2017

Knight Frank appoints Head of Office Leasing, NSW

People & Companies / Latest News

Aaron Weir to join the firm in May from Colliers

Australia

Feb, 2017

Malaga leased investment up for grabs

People & Companies / Latest News

Mair Property Funds has moved to sell a leased large format retail asset in Perth's northern suburb of Malaga.Â

Australia

Feb, 2017

Growthpoint – Spurt to Stall

People & Companies / Latest News

In its report on Growthpoint (GOZ), CLSA notes that its majority debt-funded acquisition of GMF enabled it to deliver an impressive 1H17 headline results with distributable income per security (DIPS) and DPS growth of 16.8% and 3.9% vs the PCP

Australia

Feb, 2017

Cromwell – Not Much to Report

People & Companies / Latest News

CLSA reports that Cromwell (CMW) performed as expected in its 1H17 results, with an EPS of 4.5¢ (down 11.7%) that is impacted by FY16 asset sales, lease expiries and lower funds management income helped by IOF distribution

Australia

Feb, 2017

Buoyant student numbers underpin development

People & Companies / Latest News

Booming numbers of international students coming to Australia to study are underpinning developer enthusiasm for the accommodation projects needed to house them

Australia

Feb, 2017

M&G awarded $500 million UK investment mandate

People & Companies / Latest News

M&G Real Estate has been awarded a $500 million mandate to invest in UK real estate by a major European investor

England

Feb, 2017

Duzen takes fashionable new Armadale lease

People & Companies / Latest News

Women's handbag and leather products retailer, Duzen, has agreed terms on the lease of a new store in Armadale in Melbourne's leafy inner eastern suburbs in a deal brokered by Teska Carson's Tom Maule

Australia

Feb, 2017

Charter Hall net profit spikes on fees and valuations

People & Companies / Latest News

Funds manager Charter Hall Group has posted a bumper 20 per cent increase in net profit to $173.3 million for the first half of the year on the back of increased valuations and management fees

Australia

Feb, 2017

Kuafu development chief Jeff Dvorett jumps ship to Midwood

People & Companies / Latest News

Jeff Dvorett, who joined Kuafu Properties as head of development in 2014, is leaving the firm, the latest executive shake-up at the Chinese private equity-backed developer.

United States of America

Feb, 2017

Black Spruce buys Bronx multifamily building for $26M

People & Companies / Latest News

Rent-regulated building spans 88K sf.

United States of America

Feb, 2017

Aion Partners shopping 115K sf Tribeca commercial condo

People & Companies / Latest News

Office and retail property at 86 Chambers St. was recently refinanced.

United States of America

Feb, 2017

Investa upgrades full-year earnings and signals stronger office rents

People & Companies / Latest News

Investa Office Fund has issued an earnings upgrade for the full-year of 3 per cent based on improving fundamentals for the national office market

Australia

Feb, 2017

Charter Hall Retail REIT looks at capital initiatives

People & Companies / Latest News

Charter Hall Retail REIT is looking at a range of capital management tools to deploy cash at a time when the supply of regional and neighbourhood centres is tightening.

Australia

Feb, 2017

InterContinental Sydney gets $200m facelift

People & Companies / Latest News

The InterContinental Hotel, Sydney is to undergo a $200 million-plus facelift at a time when the hotel sector is on a strong upward trajectory

Australia

Feb, 2017

Citadel grabs short-term space at 520 Madison ahead of move to 425 Park

People & Companies / Latest News

Ken Griffin's hedge fund may be in the market for an additional 100K sf.

United States of America

Feb, 2017

Exhibition Street tower achieves sustainability first

People & Companies / Latest News

Invesco Real Estate (IRE), a global real estate investment manager, has collaborated with CBRE, a global leader in real estate services, to improve the NABERS rating of one of Melbourne's premier office towers into what is now the first 6-Star NABERS rated retrofitted building in Victoria.

Australia

Feb, 2017

Folkestone Education Trust reports 16 per cent higher profit for 1FY17, in strong position to “determine what the future holds”

People & Companies / Latest News

Folkestone Education Trust's result for the first half of FY17 has vindicated the trust manager's strategy of strategic location of its child care centres in high demographic, high-population growth areas resulting in a $47 million revaluation of its portfolio over that period and rental growth of 2.9 per cent, surprising analysts and investors with a better than expected performance. Â

Australia

Feb, 2017

Goodman Group reports $557m earnings and issues upgrade

People & Companies / Latest News

Goodman Group has reported a $557 million statutory profit for the first half of the 2017 year and says with solid leasing conditions and its ongoing $10 billion urban renewal program, it expects higher earnings in the coming months. Â

Australia

Feb, 2017

Mirvac profits from housing boom but settlement defaults rise

People & Companies / Latest News

The booming housing market has proved a gift to one of Australia's largest apartment developers, Mirvac, whose profits surged 7 per cent in first half of the year, although defaults on its residential settlement have hit 2 per cent as investors struggle to get finance.

Australia

Feb, 2017

Mount Sinai signs for 26K sf on Billionaires' Row

People & Companies / Latest News

Empire State Realty Trust adds tenant at 250 West 57th Street

United States of America

Feb, 2017

GPT Group expands footprint in Parramatta

People & Companies / Latest News

GPT Group, one of the country's largest diversified real estate investment trusts, has expanded its presence in the booming Sydney western suburbs with the purchase of a site on the corner of Smith and Phillip Streets in the heart of Parramatta's CBD, for $31.2 million.

Australia

Feb, 2017

Charter Hall fund snaps up $30m site

People & Companies / Latest News

Industrial developers are in for a windfall with more than $90 million of sites on the market as the owners take advantage of the strong demand for developable land.

Australia

Feb, 2017

Icon Realty snags Chelsea office building for $33M

People & Companies / Latest News

Seller Dezer Properties had owned the 45K sf building at 133 West 25th St since 1998

United States of America

Feb, 2017

Airbnb has $3B in capital and it wants to go deal-shopping

People & Companies / Latest News

United States of America

Feb, 2017

Investor snaps up Tassie's only Freedom Furniture store

People & Companies / Latest News

A private investor paid $5.35 million on a 7 per cent yield for Hobart's only Freedom Furniture store. Savills Pat De Maria and Tom Forrest and LJ Hooker's Mark Devine said the store at 80 Brisbane Street sold subject to a 10-year lease (expiring 2022) providing annual net income of approximately $376,000.

Australia

Feb, 2017

Kids boost bottom line for childcare landlords Folkestone Education

People & Companies / Latest News

Parents, do you love and value your kids? Well you're not alone, corporate Australia does too.

Australia

Feb, 2017

DEXUS Office Demand Barometer - A bright start to 2017

People & Companies / Latest News

DEXUS Research has released its DEXUS Office Demand Barometer for the December 2016 quarter â?? A bright start to 2017.

Australia

Feb, 2017

Cushman & Wakefield strengthens senior leadership team with appointment of Head of Strategic Marketing

People & Companies / Latest News

Cushman & Wakefield has today announced the appointment of Anna Town as the Head of Strategic Marketing for Australia and New Zealand.

Australia

Feb, 2017

Co-working grows 35% in year

People & Companies / Latest News

The volume of co-working space in Melbourne grew 35 per cent in the past year as new operators providing the trendy shared working areas poured into the city and surrounding suburbs. Â

Australia

Feb, 2017

Aurora strata office achieves peak prices

People & Companies / Latest News

Sales of strata office at UEM Sunrise's $350 million Aurora Melbourne Central project are reaching $10,350 a square metre as demand intensifies for the niche investment class.

Australia

Feb, 2017

Charter Hall updates ice cream building

People & Companies / Latest News

Peters Ice Cream had been operating in Wellington Road, Mulgrave for decades. Its former headquarters, a classic 1960s office building, with its sinuous roofline and waffle-style facade is now "hip" decades later. Â

Australia

Feb, 2017

CEVA moves into biggest shed in Australia, equivalent to eight football fields

People & Companies / Latest News

Size matters to CEVA. The world's fourth largest logistics company has just moved into what it claims is one of the biggest sheds in the southern hemisphere, a half-kilometre-long storage and distribution facility equivalent to eight MCG playing fields in size.

Australia

Feb, 2017

Extell secures $73M to refi five properties

People & Companies / Latest News

Deutsche refinancing includes an additional $26.5M

United States of America

Feb, 2017

Brookfield secures $550M loan for 200 Liberty Street

People & Companies / Latest News

$240M of the financing for 39-story office tower is new

United States of America

Feb, 2017

Central Equity wins approval for another Lonsdale Street tower

People & Companies / Latest News

Developer Central Equity has been granted approval for a 57-level residential tower near the corner of Lonsdale and King streets, despite opposition from residents in neighbouring apartments.

Australia

Feb, 2017

Hobart's Freedom Furniture sells

People & Companies / Latest News

A private investor has paid $5.358 million on a 7 per cent yield for Hobart's only Freedom Furniture store following an Expressions of Interest campaign managed by Savills with LJ Hooker.Â

Australia

Feb, 2017

Chinese are becoming investors first, tourists second in Thailand

People & Companies / Latest News

That is, if Beijing's capital controls don't catch them first

Thailand

Feb, 2017

Anglican Church expands footprint

People & Companies / Latest News

In order to combine its Sydney properties at Telopea and Dundas, the Anglican Church has acquired a Rydalmere industrial site for $8.25 million.

Australia

Jan, 2017

ANZ Bank expands footprint at $430m Docklands tower

People & Companies / Latest News

ANZ Bank and Lendlease have signed an agreement for the new 839 Collins Street tower, in the Docklands precinct.

Australia

Jan, 2017

Multiplex revitalises Darling Harbour with new hotel

People & Companies / Latest News

Multiplex has boosted the rejuvenation of Darling Harbour, delivering M&L Hospitality's redevelopment of 161 Sussex Street. Â

Australia

Jan, 2017

Cushman & Wakefield strengthens Victorian agency team, appointing Director of Retail Leasing.

People & Companies / Latest News

Global commercial real estate services firm, Cushman & Wakefield, continues to bolster their retail team, appointing Michael Di Carlo as Director of Retail Leasing.

Australia

Jan, 2017

Extell scoops up home of Carnegie Deli

People & Companies / Latest News

Gary Barnett's firm is set to close on 854 Seventh

United States of America

Jul, 2015

Michael Rothner of Ashe Morgan

People & Companies / Profiles

Michael Rothner, Principal of Sydney - based property private equity group, Ashe Morgan, talks about their acquisition and repositioning strategy for Melbourne's iconic Harbour Town portfolio.

May, 2015

Iwan Sunito of Crown Group

People & Companies / Profiles

The MP Report speaks with Iwan Sunito, CEO of global residential development company Crown Group.

Mar, 2015

Michael Drapac

People & Companies / Profiles

Veteran Michael Drapac on counter cyclical property investing in the USA and Spanish Coast.

Feb, 2015

Josh Rea

People & Companies / Profiles

Retail Property Valentine's Day Special - Gourmet Life