Charter Hall fund snaps up $30m site

Sep, 2019

Lendlease Planning approval received for Melbourne Quarter Tower

People & Companies / Latest News

New designs for Melbourne Quarter Tower have been given the green light by Minister for Planning, The Hon. Richard Wynne.

Sep, 2019

Melbourne's premier office tower 101 Collins revolutionising the workplace, partnering with former Olympian

People & Companies / Latest News

Australia’s iconic commercial tower, 101 Collins Street, has announced a strategic partnership with Studio PP – the fitness empire founded by former -Olympian-turned-health entrepreneur Steph Prem to deliver RISE by Studio PP – a full-service on-site holistic wellness centre.

Jul, 2019

GURNER™ SETS NEW COLLINGWOOD RECORD WITH $7.5M AND $6.75M PENTHOUSE SALES IN TWO WEEKS

People & Companies / Latest News

Luxury developer GURNER™ has set another Melbourne price record, this time at its New York-inspired Victoria and Vine project where the developer has achieved Collingwood’s highest ever property sale twice within a two week period, transacting a 4-bedroom, 375sqm penthouse with a large terrace for $7.5million, then selling another Penthouse at $6.75million within the same two week period.

Jul, 2019

FINANCE APPROVED, CREMA APPOINTED AND CONSTRUCTION COMMENCES ON GURNER™’S $540M SAINT MORITZ, 15 MONTHS AHEAD OF SCHEDULE

People & Companies / Latest News

Construction has officially commenced on luxury developer, GURNER™’s $540m Saint Moritz development, transforming the iconic former Novotel St Kilda site into a world-class luxury residential precinct that takes ultra-luxury living to a new global level.

Jun, 2019

Dexus plans a mixed-use transformation of the MLC Centre

People & Companies / Latest News

Dexus has commenced construction on a development that will transform the MLC Centre precinct into a vibrant community offering retail, dining, cultural and commercial spaces in the heart of the Sydney CBD.

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.

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.

May, 2019

WHAT WEALTH MEANS TO ME - Sir Owen Glenn

People & Companies / Profiles

Sir Owen Glenn KNZM OZNM LLD (Hon) has been awarded a knighthood by Her Majesty the Queen for his global philanthropic work and business achievements. He has started companies built them, bought and sold them to private equity companies and then started again. He has had group one winning race horses and been awarded a graduate degree OPM15 from Harvard He has homes in Knightsbridge, Sydney, Fiji and New Zealand. His Sydney-based horse farm is widely acknowledged to breeding the best broodmares in 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.

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.

May, 2019

'WHAT WEALTH MEANS TO ME' - Annabelle Chauncy OAM CEO and Founder of School For Life

People & Companies / Profiles

At the fresh age of 21, lawyer and social entrepreneur Annabelle Chauncy wanted to make a difference in the world. Growing up in Sydney’s lower North Shore and educated at Frensham, lightning struck when she visited Uganda and experienced first-hand the poverty families and young children lived in. Fast forward 10 years to today and the multi-national NGO Annabelle stewards has raised over $6.5m in funding, has had 50-100% year on year growth, built 3 schools in rural Uganda which educate over 1000 students and has over 120 staff. Through School for Life, Annabelle has garnered support from thousands and continued to deftly overcome cultural, political gender barriers driving positive change.

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.

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).

May, 2019

MELBOURNE’S ICONIC 101 COLLINS STREET ANNOUNCES WORLD-CLASS WELLNESS CENTRE

People & Companies / Latest News

Australia’s iconic commercial tower, 101 Collins Street, managed by AXA Investment Managers – Real Assets, on behalf of its clients, has announced that construction will shortly commence on an on-site, full service holistic wellness centre - the next stage of its ambitious plan to deliver a world class health and wellness offering for its premium tenants.

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.

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.

Apr, 2019

SAINT MORITZ BY GURNER™ SETS A NEW GLOBAL STANDARD FOR SERVICE AND AMENITY

People & Companies / Latest News

Imagine if you could live the life of a 5-star hotel guest for the day – complete with a private driver, stylist, personal trainer, masseuse and your very own wine curator constantly at your beck-and-call.

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

ASCOTT STEPS UP GLOBAL GROWTH WITH 14 NEW PROPERTIES INCLUDING THREE LYF COLIVING PROPERTIES IN CHINA, JAPAN AND MALAYSIA

People & Companies / Latest News

CapitaLand’s wholly owned lodging business unit, The Ascott Limited (Ascott), has clinched contracts to manage 14 properties with over 2,000 units across eight countries – China, Germany, India, Indonesia, Japan, Malaysia, Thailand and Saudi Arabia. Three of the 14 new properties are under its coliving ‘lyf’ brand, strategically located in the vibrant cities of Fukuoka in Japan, Kuala Lumpur in Malaysia and Shanghai in China.

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.

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.

Mar, 2019

Walker completes $2.5 billion Collins Square

People & Companies / Latest News

Walker Corporation has reached completion on the fifth and final commercial office tower at it's landmark $2.5 billion Collins Square development located at 727 Collins Street in Melbourne’s CBD. Collins Square is one of the largest commercial mixed-use developments in Australia. Spanning an entire city block, it consists of five commercial office buildings with retail space providing a combined total of more than 250,000 square metres of commercial space and 10,000 square meters of retail area.

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.

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

$405 million uplift achieved across Dexus’s portfolio

People & Companies / Latest News

Dexus today announced that 108 of its 112 assets, comprising 46 office properties and 62 industrial properties have been externally valued as at 31 December 2018.

Dec, 2018

Richmond office sale sets land rate record

People & Companies / Latest News

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

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.

Dec, 2018

Salta off-loads Altona industrial asset

People & Companies / Latest News

A Victorian based private investor has paid $4.4 million on a 5.9 per cent yield for a Salta Property Group owned industrial investment at Altona North.

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

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.

Dec, 2018

Aqualand | Acquisition of Belmont Street, Alexandria

People & Companies / Latest News

Leading Australian property development and investment group Aqualand have acquired a prime residential development opportunity at 59-99 Belmont Street, Alexandria, signifying the beginning of Aqualand’s next significant growth phase.

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

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.

Nov, 2018

Blackstone’s secures nearly $50m footprint in Smeaton Grange market

People & Companies / Latest News

Blackstone has secured a portfolio of four industrial properties in Sydney’s Smeaton Grange for around $50 million.

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.

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.

Nov, 2018

Icon to build Capital Alliance's The Docklands with first Marriott in 20 years

People & Companies / Latest News

Melbourne developer Capital Alliance today announced the appointment of Australian-based global contractor Icon Co to build its $250 million mixed-use The Docklands project, which will include the first Marriott to be built in Australia in 20 years, Marriott Docklands.

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.

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.

Nov, 2018

New Sydney Fish Market to transform Blackwattle Bay

People & Companies / Latest News

The final design has been unveiled for an iconic new Sydney Fish Market which will revitalise Blackwattle Bay and expand the public’s access to Sydney Harbour and its foreshore.

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

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

Oct, 2018

North Sydney's newest generation building has topped out

People & Companies / Latest News

After more than two years of construction, 100 Mount Street, North Sydney has reached its highest level, marking a significant milestone for this landmark building.

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?

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.

Oct, 2018

Steritech boosts Australia's fresh produce export market at Merrifield

People & Companies / Latest News

Australian owned company Steritech, a global leader in innovative fresh produce export services, will open a new facility at Merrifield Business Park in Melbourne’s north to boost the nation’s ability to compete in the global fresh produce market.

Oct, 2018

Savills Australia to join forces with SA1 Property

People & Companies / Latest News

Strategic alliance to win business for industrial and occupier services

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

Oct, 2018

TFE Hotels to open first Vibe Hotel in Adelaide

People & Companies / Latest News

Luxe lap pool, rooftop restaurant and bar add new level of sophistication to city

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.

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

Oct, 2018

George Street 7-Eleven to spark investor contest

People & Companies / Latest News

A 7-Eleven store in an inner Sydney suburb has hit the market for the first time in 56 years, with expectations of circa $4million.

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.

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.

Oct, 2018

Financial firm shift to Chifley Square

People & Companies / Latest News

Savills Australia arrange a lease for a finance company for one of Sydney?s highly sought buildings

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

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.

Sep, 2018

IOOF invests in landmark office for $22.1million

People & Companies / Latest News

Savills Australia and Bayley Stuart sell high-profile West Melbourne asset on yield of 5.22 per cent

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

Aug, 2018

Victoria’s Basement divests retail assets amid business expansion

People & Companies / Latest News

Homeware giant, Victoria’s Basement, has moved to sell three of its five Sydney stores as it looks to redirect capital towards business expansion across Australia and grow its online presence.

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

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.

Aug, 2018

Colliers International Sydney Northern Suburbs Market update

People & Companies / Latest News

Macquarie Park, Epping and Eastwood in the spotlight

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

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.

Aug, 2018

Multiplex reaches the finish line - new club stand completed at Flemington

People & Companies / Latest News

Multiplex, a leading global contractor, has completed the Victoria Racing Club?s (VRC) new $128 million state-of-the-art Club Stand at Flemington Racecourse.

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.

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

Rockworth Capital acquires Brisbane office tower for $60m

People & Companies / Latest News

Rockworth Capital Partners Pte Ltd (?RCP? or the ?Group?) is pleased to announce that the Group has acquired a freehold office building, 100 Edward Street (?100 Edward? or the ?Property?).

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.

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.

Jul, 2018

Aqualand breaks its own sales record

People & Companies / Latest News

Final Penthouse sold for c.$10.5million

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.

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.

Jul, 2018

A new type of workspace offer launches in Sydney

People & Companies / Latest News

Dexus has launched SuiteX – an innovative evolution of its suite strategy that aims to satisfy the growing customer demand for flexibility.

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.

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.

May, 2018

Developer Gurner™ lodges Supreme Court proceedings against Victorian Planning Minister, Richard Wynne after 2ND last minute intervention in minister's own marginal seat

People & Companies / Latest News

Lawyers on behalf of developer GURNER™ have lodged Supreme Court proceedings against the Victorian Planning Minister Richard Wynne.

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.

May, 2018

Office disruptor a force to be reckoned with

People & Companies / Latest News

Landlords may need 20% co-work component

May, 2018

CBRE appointed to handle the sale of the Adveq Almond Trust 2 portfolio

People & Companies / Latest News

CBRE Agribusiness has been appointed to market the portfolio owned by Adveq Almond Trust 2 (the ‘Trust’), comprising one of the largest almond orchards globally.

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.

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

May, 2018

International developer purchases premium Doncaster development site

People & Companies / Latest News

Savills Australia continues to achieve strong market rates in Melbourne’s east

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.

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.

May, 2018

Icon wins $150M contract to deliver Melbourne's three-tower St. Kilda Road Project

People & Companies / Latest News

Melbourne-based developer The Shakespeare Group has awarded a $150 million building contract to leading Australian builder, Icon Co, for the construction of its landmark residential project, St. Boulevard.

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.

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

May, 2018

The Royal Atlantis Dubai | A palace fit for royalty

People & Companies / Latest News

Dubai?s latest luxury landmark resort, The Royal Atlantis, is at the forefront of design. Based on a brief to design ?The most iconic building in Dubai? architectural firm, Kohn, Pedersen Fox took up the challenge and Elie Gamburg, Director at KPF and lead on design for The Royal Atlantis, talks through the project process.

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.

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.

Apr, 2018

Viewbank opportunity to unlock 33-strong townhouse development

People & Companies / Latest News

A vacant site in Viewbank with permit approval for 33 residential townhouses has been brought to the market and is expected to fetch over $10 million.

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.

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.

Apr, 2018

Sampson launches “Tinder” for warehouses

People & Companies / Latest News

Former CBRE industrial leasing and sales agent Matt Sampson has launched a Tinder-style online platform connecting tenants with available industrial spaces.

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.

Apr, 2018

Brookefield and GGP reach deal to form one of “world’s largest retail real estate company”

People & Companies / Latest News

Brookfield Property Partners will purchase the remaining 66 per cent of GGP shares that it doesn’t yet own, resulting in one of the world’s largest retail real estate companies.

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.

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.

Apr, 2018

R & F unveil plans for $502 million mixed-use precinct

People & Companies / Latest News

Chinese developer R & F’s Australian arm has announced development plans for an amended $502 million mixed-use precinct and public riverside space at its 1.6-hectare site in West End, Brisbane.

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.

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.

Apr, 2018

Investa Property Group to expand $11 billion property empire

People & Companies / Latest News

Investa Property Group is expected to buy a boutique office space at the far northern end of Pier 8/9 in Walsh Bay for around $100 million.

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.

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.

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.

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.

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.

Mar, 2018

China property developers expecting best-ever profits

People & Companies / Latest News

Country Garden Holdings doubled its annual core profit, while many of China’s major property developers are expected to book their annual best-ever profits for 2017.

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.

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.

Mar, 2018

Canberra to receive its tallest tower

People & Companies / Latest News

The ACT government has approved Grocon?s $1 billion Republic mixed-use project in Belconnen, which will become Canberra?s tallest tower.

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.

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.

Mar, 2018

Quintessential Equity rolls out new $100 million-plus fund

People & Companies / Latest News

Property developer and fund manager Quintessential Equity will close a new $100 million-plus fund, the first the group has established without a specific target.

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.

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.

Mar, 2018

SHOKAI Ausbao launch Granville Place with great success, delivering something truly special in Sydney's West

People & Companies / Latest News

Today, Saturday March 10, SHOKAI Ausbao and Develotek launched their highly anticipated $400M joint venture development in Sydney's West, Granville Place.

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.

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.

Mar, 2018

Redefine Properties considering half-stake deal with Asian investor

People & Companies / Latest News

Cromwell Property Group’s South African backer, Redefine Properties is negotiating the potential sale of a half-stake in the $600 million Northpoint Tower in North Sydney to a private Asian investment house.

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.

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.

Mar, 2018

$426 million hotel project approved by the City of Sydney

People & Companies / Latest News

The City of Sydney have approved a hotel project at 201-217 Elizabeth Street, to be developed by Dexus Property Group and Perth billionaire Stan Perron.

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.

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.

Mar, 2018

New platform targets property co-ownership

People & Companies / Latest News

A new online platform will help Australian co-owners manage housing purchases.

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.

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.

Mar, 2018

CBUS to control a quarter-block, following expected deal

People & Companies / Latest News

The expected purchase of a Melbourne development site worth more than a $1 billion, will see developer CBUS Property take control of almost a quarter of one city block.

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

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.

Mar, 2018

Folkestone to tread carefully on future investments, despite tripling profits

People & Companies / Latest News

Developer and real estate funds management, Folkestone, will be disciplined in its search for new opportunities, amid warnings of price spikes in some sectors.

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

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.

Feb, 2018

The Waldorf Astoria is now owned by the Chinese government

People & Companies / Latest News

With one swift move, New York’s Waldorf Astoria and JW Marriott Essex House and the Four Seasons Hotel in Washington, D.C., are now controlled by Beijing

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

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.

Feb, 2018

SHOKAI Ausbao celebrate Granvill Place with local community.

People & Companies / Latest News

On Sunday February 11, SHOKAI Ausbao welcomed members of the local Granville community to a special Chinese New Year Event in celebration of the launch of their upcoming development, Granville Place.

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.

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.

Feb, 2018

Former bookie doubles his money with Southbank divestment

People & Companies / Latest News

Former bookmaker and Betstar founder Alan Eskander has sold a Southbank office property for $5.85 million ?Ã„Ã¬ more than double what he paid for the site in 2013.

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.

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.

Feb, 2018

Furniture specialist sets up shop in Greater Western Sydneys homemaker hub

People & Companies / Latest News

The Penrith Homemaker Centre in Greater Western Sydney has welcomed a new outdoor furniture specialist to its line-up of retail brands.

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 ?Ã„Ãºlucky?Ã„Ã¹ sum of $88,888,888, has sold the building at a loss in a rising property market.

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

Feb, 2018

Abacus pays $93.5 million for Computershare office

People & Companies / Latest News

Abacus Property Group has paid $93.5 million on a tight 5.85 per cent yield for an Abbotsford office building fully leased to Computershare in an off-market deal brokered by CBRE National Director, Mark Wizel with Lewis Tong and Kiran Pillai.

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.

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.

Jan, 2018

Ascott targets to double its global portfolio to 160,000 units in five years

People & Companies / Latest News

Strengthens its leading position in China and Southeast Asia with four properties; forays into new attractive investment destinations Malacca and Davao

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 ?Ã„Ã¬ reflecting a yield of 5.9 per cent ?Ã„Ã¬ for a near-new office building in Bundoora, 16 kilometres north of the Melbourne CBD.

Jan, 2018

CWG launches final stage at Stellar, Ryde

People & Companies / Latest News

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

Jan, 2018

Bruce Willis lists New York City duplex for $17.75 Million

People & Companies / Latest News

Bruce Willis and his wife, Emma Heming Willis, have listed their Central Park West-fronting duplex for $17.75 million.

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.

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

Dec, 2017

GPT pulls back from solar push amid policy uncertainty

People & Companies / Latest News

One of Australia's largest landlords has put on hold plans to install 100,000 solar panels across 40 hectares of rooftops in its shopping centres and industrial estates because of uncertainty surrounding the Turnbull government's energy policy.

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

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

Dec, 2017

Jack Pompei's Mordialloc boatyard sold

People & Companies / Latest News

Legendary Mordialloc boat builder, the late Jack Pompei OAM's boatyard, will take on a completely new guise with a mixture of residential and commercial development likely following its purchase by a local developer.

Dec, 2017

Asian capital to continue flowing throughout Melbourne

People & Companies / Latest News

Savills Australia comments on Melbourne's economic stronghold

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

Dec, 2017

Leading Sydney developer offers savings of up to $13K on apartment purchases

People & Companies / Latest News

Repeat customers of Coronation Property receive a range of benefits and opportunities as members of its newly-upgraded loyalty program

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.

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.

Dec, 2017

Alters look to sell Melbourne shopping centres

People & Companies / Latest News

Property billionaire Maurice Alter has moved to offload a half share in two recently-upgraded Melbourne shopping centres, taking advantage of strong investor appetite for prime retail malls. Â

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.

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

Nov, 2017

Amazon shores up property as it prepares to launch

People & Companies / Latest News

Online giant Amazon has secured 2.11 hectares of land in Sydney's south-west as part of its digital and distribution strategy, as it prepares to launch its direct business in Australia.

Nov, 2017

Moody lights reveal Articolo's new showroom

People & Companies / Latest News

Lighting showrooms tend to be found on major thoroughfares.Â

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.

Nov, 2017

Chadstone Apple triples size

People & Companies / Latest News

Tech giant Apple has unveiled the first retail space boasting its new store design at Chadstone shopping centre just in time for Christmas and school holidays. Â

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.

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

Nov, 2017

Folkestone launches $44m hotel fund

People & Companies / Latest News

Folkestone has expanded its footprint in the hotel sector with the launch of the new Green Square hotel fund, being developed in unison with Furnished Property, an associated party of the asset's operator, Veriu Hotels & Suites. Â

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.

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

Nov, 2017

Coode Island disrupts ethical fund's restaurant plans

People & Companies / Latest News

Fast-growing fund manager Impact Investment Group has suffered a setback at its Footscray Dream Factory after tangling with the Port of Melbourne over plans to install a restaurant in the building. Â

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

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.

Nov, 2017

Folkestone fund settles acquisition of Sydney airport hotel and the fund closes oversubscribed

People & Companies / Latest News

Folkestone Limited's (ASX:FLK) real estate funds management subsidiary, FolkestoneFunds Management Limited (FFM), is pleased to announce that the Folkestone SydneyÂ Airport Hotel Fund (Fund) has settled the acquisition of the Mercure Sydney InternationalÂ Airport Hotel (Hotel) for $76.4 million (excluding transaction costs).

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.

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.

Nov, 2017

Goodman Group tips 60 per cent growth in online sales

People & Companies / Latest News

Industrial property giant Goodman Group predicts that worldwide retail spending will grow by 20 per cent to $US27 trillion by 2020, with e-commerce sales expected to grow at three times the rate of traditional sales.

Nov, 2017

Bunnings sells four warehouses to CBRE for $180m

People & Companies / Latest News

in the sought-after sector.

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.

Nov, 2017

Drapac sells down US funds, targets city venture

People & Companies / Latest News

Father and son property players Michael and Sebastian Drapac have begun to sell down the once-distressed assets in their US funds as they reposition themselves for another American property venture. Â

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.

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

Nov, 2017

Essendon Fields in fight with government over land tax

People & Companies / Latest News

Trucking magnate Lindsay Fox and property veteran Max Beck have been underpaying land tax at Essendon Airport, a site they lease from the federal government in Melbourne, court documents allege. Â

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

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 dadÂ investors.

Nov, 2017

Department store woes hit Scentre Group sales

People & Companies / Latest News

Retail property giant Scentre Group has reported mixed sales for its third-quarter trading update, reflecting the general weaker state of consumer sentiment.

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.

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

Nov, 2017

Central Equity books record $145m profit

People & Companies / Latest News

Prolific apartment developer Central Equity has dismissed the existence of "ghost" apartments as Australia's population boom propelled the group's projects to near "full occupancy" and provided $802 million in new settlements. Â

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.

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.

Oct, 2017

Gurner takes plunge into build-to-rent

People & Companies / Latest News

Prolific developer Tim Gurner has submitted plans for a "build-to-rent" high-rise, one of three towers in a mixed-use joint-venture project, as momentum grows in Australia for the nascent property class.

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.

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.

Oct, 2017

Abacus spends $43m on Todd Road office

People & Companies / Latest News

Abacus Property group, run by industry veteran Frank Wolf, has snapped up a fully-leased Port Melbourne office for $43.5 million.

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.

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.

Oct, 2017

Amazon's arrival, like Christmas, is not that far away

People & Companies / Latest News

There are nine weeks until Christmas, but a lot less for the arrival of the online retail disrupter, Amazon.

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

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.

Oct, 2017

GURNERâ„¢ proves market naysayers wrong, settling $200,000,000 worth of apartments in Fortitude Valley

People & Companies / Latest News

Luxury apartment developer GURNERâ?¢ has proven the naysayers wrong, repaying its $180m loan to ANZ and settling approximately $200,000,000 worth of apartments, just days after calling for settlement of the first 520 apartments of stage one of the developer's 981-apartment, three tower 'FV' project.

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.

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.

Oct, 2017

Australia Post set to canvassing developers to add lockers to new builds

People & Companies / Latest News

Australia Post is canvassing developers over the possibility of adding lockers to apartment projects to improve e-commerce delivery and collection for residents in high rise buildings.

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.

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.

Oct, 2017

Aust Unity snaps up $105m office asset

People & Companies / Latest News

Australian Unity Office Fund has increased its portfolio with an unconditional agreement to acquire 150 Charlotte Street, Brisbane, for $105.75 million, partly funded through a $50 million equity issue. Â

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

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

Oct, 2017

AccorHotels lobs $1.2 billion offer for Mantra Group

People & Companies / Latest News

The Australian hotel sector is set for a shake-up with the giant, French-based Accor hotel group, making a non-binding $1.2 billion takeover offer for Mantra Group, Australia's second-largest hotel operator in the small to medium asset sector.

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.

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

Oct, 2017

Cromwell reaps $276m as it sells Investa stake

People & Companies / Latest News

For the second time in the space of two weeks, Cromwell Property has stepped away from a potential deal, this time exiting its long-held 9.83 per cent stake in the listed Investa Office Fund for $276 million. Â

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

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

Oct, 2017

Blackstone marks first close of Asia real estate fund at $5b; breaks earlier record

People & Companies / Latest News

Global investment giant Blackstone Group LP has reportedly hit the first close of its Asia-focused real estate fund at over $5 billion, surpassing its initial targets.

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.

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.

Sep, 2017

ACCC takes on Servcorp over 'unfair' contracts for co-working business tenants

People & Companies / Latest News

Australia's competition watchdog has taken court action against serviced office provider Servcorp over allegedly unfair contracts to small business tenants.

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.

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

Sep, 2017

GPT taps US debt markets for $403m refinancing

People & Companies / Latest News

Property group GPT has tapped the US debt markets for $US325 million ($403m) in a refinancing deal to diversify its sources of capital. Â

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.

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.

Sep, 2017

Investa resets for the future

People & Companies / Latest News

Investa has undergone a relaunch of its "brand, vision and identity" to reflect its new business strategy and set a clear path for the future.

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.

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.

Sep, 2017

Burnie Bunnings sells for $21 million

People & Companies / Latest News

Diversified property player Charter Hall has begun collecting assets to seed a new consumer staples fund, paying $21 million for a Bunnings Warehouse in Tasmania. Â

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.

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.

Sep, 2017

Laundy family reaps $13m on pub sale

People & Companies / Latest News

The Laundy family has raised $13 million from the sale of its Bateau Bay pub to a local investor, reflecting the strong demand for the hotel sector along the NSW coastal regions. Â

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.

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.

Sep, 2017

Historic CBD building slated for demolition

People & Companies / Latest News

Tower projects proposed by developers Fridcorp and Piccolo have been knocked back by the state planning tribunal on the grounds of size, while an historic 19th century industrial building on the CBD-fringe is ready for the wreckers. Â

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

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

Aug, 2017

Lendlease wins Gold Coast 2018 Commonwealth Games contract

People & Companies / Latest News

Property and Infrastructure company Lendlease has been appointed project manager for the delivery of 15 competition venues for the Gold Coast 2018 Commonwealth Games across south-east Queensland, Townsville and Cairns.

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.

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".

Aug, 2017

Investa Office boosted by strong leasing market

People & Companies / Latest News

Investa Office Fund has shrugged off constant takeover speculation by posting a solid result, boosted by what are considered to be the best leasing market conditions ever experienced along the eastern seaboard.

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.

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.

Aug, 2017

Beijing's Bulgari Hotel eyes to meet demand for experiential luxury

People & Companies / Latest News

Following the launch in Milan, Bali and London, the Italian jewelry and luxury goods brand Bulgari finally takes to the Chinese market.Â

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.

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.

Aug, 2017

Good Guys cash in at Caringbah

People & Companies / Latest News

The march is on for large-format retail assets, with a private syndicate paying close to $30 million for the only NSW metro asset in the national portfolio of 15 retail investments leased to The Good Guys, paying a passing yield of 6.26 per cent.

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.

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.

Aug, 2017

Mirvac sees house shortfall in Sydney, Melbourne even as foreign buyers decline

People & Companies / Latest News

Sydney and Melbourne's housing markets remain "fundamentally" undersuppplied and new policies aimed at deterring foreign buyers are so far only having a minimal impact, says developer Mirvac.

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

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.

Aug, 2017

Charter Hall Retail REIT boosted by supermarket improvements

People & Companies / Latest News

Charter Hall Retail REIT has benefited from the turnaround in performance of its main supermarket tenants, which generate half its earnings across its 71 centres and new acquisitions of $282.6 million to boost the development pipeline.Â Â

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.

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.

Aug, 2017

M&G Real Estate acquires â‚¬41.5m prime Brussels office

People & Companies / Latest News

M&G Real Estate has acquired a prime office building located on the Rue Guimard in the Leopold district of Brussels for â?¬41.5m, representing a net yield of 4.8 per cent.

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.

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.

Aug, 2017

Builder of $100 billion Malaysia city looks beyond spooked Chinese buyers

People & Companies / Latest News

Country Garden Holdings Co. said it's looking to attract customers from countries such as Thailand and Vietnam as some Chinese buyers hit by capital controls have pulled back from the $100 billion Forest City project in southern Malaysia.

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.

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.

Aug, 2017

Booodl signs with Scentre malls

People & Companies / Latest News

Web and mobile retail store discovery platform Booodl has sealed a deal with Scentre Group, owner and operator of Westfield Shopping Centres in Australia and New Zealand that has secured all 35 Australian Westfield Shopping Centres as paying customers. Â

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

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

Aug, 2017

Lendlease slip-up reveals full financial results three weeks early

People & Companies / Latest News

Property giant Lendlease has accidentally released its full-year financial results three weeks ahead of schedule in an embarrassing slip-up that forced it to go public with the breach.

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

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.

Aug, 2017

Leasing turmoil as Murray Goulburn cuts costs

People & Companies / Latest News

Renewed turmoil at beleaguered dairy co-op Murray Goulburn could stall a move to swank new office space at Collins Square.

Aug, 2017

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

People & Companies / Latest News

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

Aug, 2017

LOGOS expands property base

People & Companies / Latest News

Private developers LOGOS has expanded its footprint with Â 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

Jul, 2017

Google has reportedly spent $820 million on properties in Silicon Valley

People & Companies / Latest News

Google has reportedly bought 52 properties in Sunnyvale, California for a total of $820 million in an effort to expand its operations, according to a report from the Silicon Valley Business Journal.

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

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

Jul, 2017

Jerry Schwartz buys into the Liberman's Four Points Sheraton

People & Companies / Latest News

Hotel developer Jerry Schwartz has joined forces with a Melbourne-based Liberman family-backed funds manager, Impact Investment Group, to develop the new Four Points by Sheraton in downtown Sydney.

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.

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.

Jul, 2017

Frasers books $190 million in new warehouses

People & Companies / Latest News

Frasers Property Australia has a new $190 million industrial pipeline after signing a string of leases pre-committing to more than 130,0000 square metres of new space.

Jul, 2017

Kabbalah Centre buying Fine Arts Building for $60M

People & Companies / Latest News

Greek hedge funders have owned the Midtown showrooms since 2013.

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.

Jul, 2017

Developers choice of broadband partner gets crucial

People & Companies / Latest News

The fraught business of choosing a broadband carrier to wire up a new property development is poised to intensify even as NBN Co has half of Australian households connected. Â

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.

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.

Jul, 2017

Michael Kors and Hony Capital Among Bidders for Jimmy Choo

People & Companies / Latest News

American high-end fashion retailer Michael Kors and Chinese private equity company Hony Capital were named as potential bidders among others for the British luxury footwear brand Jimmy Choo, which was estimated to be worth Â£800 million (approximately $1 billion), in a July 15 report by Sky News.

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.

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

Jul, 2017

Brookfield, Urban American land $444M to refi Putnam multifamily portfolio

People & Companies / Latest News

As of October, owners were considering selling the properties

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

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

Jul, 2017

Jerry Schwartz' 'first in a millennium' offer too good to refuse

People & Companies / Latest News

Charities Â have been suffering in the current economic climate, so when Sydney entrepreneur Dr Jerry Schwartz decided to offer charities a "first in a millennium" fundraising opportunity, it wasn't surprising he was bowled over in the rush to accept.Â

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.

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

Jul, 2017

AMP Capital snaps up Newcastle mall for $163m

People & Companies / Latest News

In a boost to the Newcastle CBD, AMP Capital has snapped up the Marketownâ?? Shopping Centre, for $163 million, on behalf of its client, Sunsuper. Â

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.

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.

Jul, 2017

Aqualand and Roberts Pizzarotti form a construction joint venture

People & Companies / Latest News

Aqualand Australia and Roberts Pizzarotti announced they have entered into a construction joint venture to deliver Aqualand's multi-billion dollar Australian project pipeline.

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.

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

Jul, 2017

Leasing Ladder

People & Companies / Latest News

House of Petite P/L has leased 400 sq m at 48 Chegwyn Street from Group International P/L. The lease term is one year. Marino Rodriguez, Taylor Nicholas South Sydney. Â

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.

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.

Jul, 2017

Centuria swoops on industrial site

People & Companies / Latest News

Acquisitive fund manager Centuria has followed up its purchase of Target's headquarters in Melbourne's west with an industrial deal worth $37 million.

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

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.

Jun, 2017

10 Spring Street to test Sydney CBD office demand

People & Companies / Latest News

Property investor Centuriaâ?? is taking advantage of the strong Sydney office market with the sale of its Swire House at 10 Spring Street tower, with an estimated value of more than $220 million. Â

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.

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.

Jun, 2017

Hunters Hill and Tiger Bar pubs sold for $65 million

People & Companies / Latest News

In the biggest pub sale this year, Iris Capital and Gallagher Hotel Management have bought two key Sydney hotels with a combined value of $65 million, to expand their footprint in the hot pub sector.

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.

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.

Jun, 2017

Dexus cements status as top office landlord with MLC Centre purchase

People & Companies / Latest News

Dexus Property has bolstered its stranglehold as the biggest office landlord in the country, while also investing heavily in the long-term success of the Sydney office sector

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.

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.

Jun, 2017

Flushing's other condo boom

People & Companies / Latest News

Developers in the Queens neighborhood are doubling down on commercial condos, with a record number of new for-sale office units in the pipeline

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

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.

Jun, 2017

Lodha Group to restart condo sales at Trump Tower Mumbai

People & Companies / Latest News

As President Donald Trump prepares to host Indian Prime Minister Narendra Modi in Washington next week, his business partner in India is gearing up to sell high-priced condominiums at Trump Tower Mumbai.

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.

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.

Jun, 2017

Co-working spaces spread to the suburbs

People & Companies / Latest News

Communal co-working office spaces such as the ones offered by shared-office giant WeWork Cos. are making inroads in the New Jersey suburbs.

Jun, 2017

Blackstone looks to sell Miracle Mile office

People & Companies / Latest News

445K-sf building last traded for $137M

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.

Jun, 2017

Aviator Capital makes foray into Brisbane market

People & Companies / Latest News

Aviator Capital has made its first foray into the Brisbane market with the purchase of an Ashgrove commercial complex for $33.5 million â?? the company's largest property acquisition to date.Â

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.

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.

Jun, 2017

Airbnb fights house by house with local rivals in China

People & Companies / Latest News

The home-sharing app faces brutal competition where Uber bled $2 billion.

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.

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.

Jun, 2017

Leasing Ladder

People & Companies / Latest News

Shearwater Solutions has leased a 320 sq m office at Suite 9.02, Tower B, 821 Pacific Highway, from Centuria. The lease term is five years. Giuseppe Ruberto and Steve Clapham, Knight Frank.

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.

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.

Jun, 2017

Goodman on track to deliver $1 billion of land sales

People & Companies / Latest News

Global industrial property landlord, the Goodman Group, is benefiting from the changing lifestyles of consumers.

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

Jun, 2017

Istanbul-based architecture firm opens first NYC office

People & Companies / Latest News

TabanlioÄ?lu has worked with Madison Equities among other developers

Jun, 2017

Frasers Logistics, Stockland eye industrial assets for growth

People & Companies / Latest News

Industrial property is in high demand with Frasers Logistics & Industrial Trust buying a $169.3 million portfolio and Stockland starting work on its $80 million office and warehouse estate in Warwick Farm, south-west Sydney. Â

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.

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".

Jun, 2017

Blackstone buys Pinebrook Pointe apartments in Margate for $70M

People & Companies / Latest News

IMT Residential sold the complex for 35% more since last sale in 2012

Jun, 2017

BlackRock quietly shopping 600 Third

People & Companies / Latest News

Sources say the building is worth around $400M

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.

Jun, 2017

Folkestone buys land to expand Woolies homemaker centre

People & Companies / Latest News

Property fund manager Folkestone will buy a one-hectare plot of land next to its Millers Junction homemaker centre in Melbourne's west, allowing it to expand and create a Woolworths-anchored large format retail centre. Â

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.

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

Jun, 2017

Lendlease Launches East Boston Condo Development

People & Companies / Latest News

Cameron Sperance,Â Bisnow Boston Global real estate company Lendlease has announced plans for Slip65, a condo development that is also the developer's first major project in Boston.

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

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

May, 2017

ICD and Wingate sell Fitness First gym for $17.55m

People & Companies / Latest News

Â ICD Property, the Chinese-backed developer of one of Melbourne's largest high-rise residential towers, and investment firm Wingate have cashed out of a Fitness First investment in Cheltenham for $17.55 million.

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.

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

May, 2017

Aldi makes move to sell adjoining Bunbury site

People & Companies / Latest News

Supermarket giant Aldi has appointed CBRE to steer the sale of an almost 3,000sqm site adjoining its newest store in Bunbury.Â

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

May, 2017

Auto dealer plans Coney Island showroom

People & Companies / Latest News

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

May, 2017

Investa leads in Tenant Wellness, with Australia's first WELL Core & Shell Gold Precertification at Investa Office Fund's Barrack Place

People & Companies / Latest News

Barrack Place has been awarded Australia's first ever WELL Core &Â Shell Precertification at the Gold level by the International WELL Building Institute.

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

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.

May, 2017

Cushman & Wakefield completes $23m sale of Clayton South industrial site as market tightens

People & Companies / Latest News

â?¢ Offshore investor purchases 24,534 sqm industrial property at a yield of 6.56% â?¢ Current long term lease in place with 7.75 year WALE and net annual income of ~$1.57m â?¢ Melbourne industrial investment volumes remain on track to reach Q2 2016 levels of $309m â?¢ EOI campaign generated over 80 inquiries â?? driven by institutional interest

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 Â

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.

May, 2017

J.P. Morgan buys Dublin office tower, makes room to expand outside London

People & Companies / Latest News

J.P. Morgan Chase & Co. is buying an office tower in Dublin's docklands business quarter, giving the U.S. bank significant space to expand outside of London when Britain leaves the European Union.

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

May, 2017

Leasing Ladder

People & Companies / Latest News

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

May, 2017

Kushners abandon N.J. property bid as conflicts mount

People & Companies / Latest News

A company owned by the family of Jared Kushner, President Donald Trump's son-in-law, has abandoned plans to buy a sprawling industrial site in New Jersey from Honeywell International Inc. and develop it into a residential community.

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.

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.

May, 2017

CLSA raises Charter Hall share price target after $275 million equity raising, but maintains 'underperform'

People & Companies / Latest News

After announcing a $275 million equity raising, Charter Hall is poised to lift earnings per share this year and in 2018, according to CLSA, which has also raised its target share price 4.8 per cent to $5.73.Â

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.

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.

May, 2017

Co-working startup Workville to double space at 1412 Broadway

People & Companies / Latest News

Company replacing Grind after rival shutters its Garment District digs.

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.

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

May, 2017

Banks bypassed in search for capital: Qualitas to launch $180m construction fund

People & Companies / Latest News

Real estate investment manager Qualitas is poised to launch a $180 million construction fund to help finance property developments as the major banks scale back their involvement in the sector. Â

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.

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.

May, 2017

EY eyeing Manhattan West, 1271 Sixth

People & Companies / Latest News

Big Four accounting firm is looking to split footprint with space Downtown.

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

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.

Apr, 2017

Concern over Manhattan's One Vanderbilt project grows

People & Companies / Latest News

With the Manhattan office market showing signs of softening, some analysts are expressing more concern about the leasing outlook for one of the most high profile new developments in the city: SL Green Realty's 1.7 million square foot tower next to Grand Central Terminal.

Apr, 2017

Landmarks OKs Waldorf condo conversion

People & Companies / Latest News

Most of the work involves restoration, repair and cleaning.

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

Apr, 2017

GURNER heading to Supreme Court over The Spanish Club

People & Companies / Latest News

The survival of Johnston Street's The Spanish Club, Hogar EspaÃ±ol is in doubt after a recent VCAT decision denied a planning permit for the redevelopment of the existing building that would have seen the 787sqm site transformed into a new Spanish bar and restaurantÂ

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

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.

Apr, 2017

Mansfield Hotel facing foreclosure

People & Companies / Latest News

Investor Trevor Atwell was negotiating to buy property in the area of $65M.

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.

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.

Apr, 2017

CBRE marketing Nissan's Melbourne headquarters

People & Companies / Latest News

CBRE has been appointed to market Nissan's Melbourne headquarters - spanning more than 11ha in the sought after industrial suburb of Dandenong South.

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.

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.

Apr, 2017

MAB swoops on AMP Capital-owned land in $70m deal

People & Companies / Latest News

Private developer MAB Corporation has taken a strategic stake in a large parcel of land adjacent to its Merrifield estate on Melbourne's northern fringes in a $70 million plus deal.

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.

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

Apr, 2017

IBM to take entire WeWork building in landmark deal

People & Companies / Latest News

88 University Place is first NYC property where WeWork will cater to single tenant.

Apr, 2017

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

People & Companies / Latest News

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

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'

Apr, 2017

Heritage Theatre provides design inspiration for new residential project in Fitzroy

People & Companies / Latest News

The site of one of Melbourne's first theatres in Fitzroy will soon play home to a series of impeccably finished residences that reference the illustrious history of the location in their design.

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

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.

Apr, 2017

Google on the hunt for new digs

People & Companies / Latest News

Internet giant Google's decision to not take up residence at the Bays Precinct in Sydney has set the leasing market aflutter, as it means the group will be back in the market for new digs.

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

Apr, 2017

Custom-pizza chain Pieology signs for first two NYC shops

People & Companies / Latest News

California-based company coming to Greenwich Village, Williamsburg.

Apr, 2017

Growthpoint, Cromwell increase tenant lists

People & Companies / Latest News

The stronger leasing markets have led to an increase in landlords Growthpoint and Cromwell Corp's tenants profiles across Melbourne and Sydney.

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.

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

Apr, 2017

Eastern Star Development shooting for one of LIC's priciest sellouts ever with $253M condo

People & Companies / Latest News

The tower is 10 years in the making.

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.

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.

Apr, 2017

Modern Cremorne warehouse on CBD fringe

People & Companies / Latest News

Teska Carson is marketing a modern office and warehouse property at Cremorne (Richmond) in Melbourne's inner eastern suburbs.

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.

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.

Apr, 2017

Fridcorp's bid for 37-storey skyscraper thrown out

People & Companies / Latest News

Developer Paul Fridman has failed in an ambitious bid to construct a 37-storey tower, two-and-a-half times the local height limit, on a South Yarra block next to Larry Kestelman's $500 million Capitol Grand building.

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.

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.

Apr, 2017

Cushman & Wakefield Retail Investment Snapshot Q1 - 2017

People & Companies / Latest News

Foreign investment was particularly strong quarter-on-quarter, rising to $533 million in total volume.

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.

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.

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.

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

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.

Apr, 2017

Cromwell lobs $3b bid for Investa Office Fund

People & Companies / Latest News

Cromwell Corporation has ended months of speculation by making an after-market close unsolicited, indicative, non-binding proposal for Investa Office Fund, valuing it about $3 billion.

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.

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.

Apr, 2017

Ceruzzi, Kuafu land $290M construction loan for UES condo

People & Companies / Latest News

TCI to finance 61-unit project 151 East 86th Street.

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.

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.

Mar, 2017

Dexus launches its new brand

People & Companies / Latest News

On Monday 27 March 2017, Dexus will launch its new brand.

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.

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.

Mar, 2017

Anbang, Kushner end Manhattan talks as lawmakers cite conflicts

People & Companies / Latest News

China's Anbang Insurance Group Co. and a company co-owned by the family of President Donald Trump's son-in-law Jared Kushner have ended talks to redevelop a Manhattan office tower, a deal that had drawn scrutiny from lawmakers citing ethics concerns.

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.

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

Mar, 2017

Logos buys logistics hub for $27m

People & Companies / Latest News

The acquisitive Macquarie Capital-backed Logos has added to its industrial portfolio with the purchase of a prime logistics facility leased to Toll Transport in Altona North.

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

Mar, 2017

Dexus Property rebrand

People & Companies / Latest News

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

Mar, 2017

Amazon arrival sparks demand for industrial assets

People & Companies / Latest News

The pending arrival of the global Amazon group has sparked a rise in demand for industrial property, according to agents.

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).

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.

Mar, 2017

Hong Kong property agents won't accept China UnionPay cards

People & Companies / Latest News

Banks are asking Hong Kong property agents to stop accepting China-issued UnionPay cards, as mainland authorities escalate their crackdown on capital flows out of the country.

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 occupierÂ platforms with the recent appointment of 16 new operatives in the current quarter as the Company continuesÂ to build a leading presence across Australia's East Coast.

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.

Mar, 2017

Li Ka-Shing signals Hong Kong property rebound could last years

People & Companies / Latest News

Hong Kong's richest man signaled that the property rebound that's been pushing up prices in the world's most expensive housing market could persist for as long as two years as growing demand outweighs government curbs.

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.

Mar, 2017

Manhattan or bust: Hooters looks to open new locations

People & Companies / Latest News

Company scouted out East Harlem sites.

Mar, 2017

Daniel Libeskind's skyscraper will be the first in this historical French city

People & Companies / Latest News

France's fourth largest city is finally set to grow vertically as Toulouse will soon have its first-ever skyscraper.

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.

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.

Mar, 2017

London House welcomes two new tenants

People & Companies / Latest News

Hawaiian has welcomed two new tenants to its commercial office portfolio with Oil and Gas Solutions and NG Services signing leases with the WA property group.

Mar, 2017

Brookfield forecloses on Brill Building

People & Companies / Latest News

Lender won the landmark Midtown office property at UCC auction.

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

Mar, 2017

CBRE appoints new head of Sunshine Coast Asset Services

People & Companies / Latest News

CBRE has appointed highly regarded property professional Kate Pascoe to head up its Asset Services division on the Sunshine Coast.Â

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.

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.

Mar, 2017

Brookfield signs new Brookfield Place tenants and boosts Perth CBD office leasing sector

People & Companies / Latest News

Brookfield has finalised three significant new lease agreements at Brookfield Place Tower 2 in Perth's CBD, bringingÂ occupancy to 91 per cent.

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.

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.

Mar, 2017

Dental surgery investment at Surrey Hills

People & Companies / Latest News

Teska Carson is marketing a securely leased dental surgery investment at Surrey Hills in Melbourne's eastern suburbs.Â

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.

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.

Mar, 2017

Belgrave Group wins tender for $100 million+ Mt Hotham landmark

People & Companies / Latest News

The state government has selected Richmond developer Ben Genser from a shortlist which also included Rino Grollo, to develop what was marketed as "the most significant site ever offered in the Australian alps". Â

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.

Mar, 2017

Castellum invests â‚¬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

Mar, 2017

6 things we learned from the Knight Frank Wealth Report

People & Companies / Latest News

Lesson 1: Vietnam is getting extremely rich.

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.

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.

Mar, 2017

Allure demands lender pay $40M for Brooklyn nursing home

People & Companies / Latest News

Joel Landau's firm and Sabre Group are fighting over terms of loan default.

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.

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.

Mar, 2017

CLV portfolio on track

People & Companies / Latest News

Bids for the 45,000-bed Campus Living Villages portfolio, which could reach $2 billion, are expected by the end of the month.

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.

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.

Mar, 2017

A global real estate conference in an era of anti-globalism

People & Companies / Latest News

In two weeks, more than 20,000 real-estate executives from around the world will converge on Cannes, France, for an annual commercial real-estate conference amid one of the most uncertain political climates Europe has faced in decades.

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.

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

Feb, 2017

CLSA reports on Growthpoint, Cromwell and Gateway

People & Companies / Latest News

CLSA has recently published reports on three Australian property investment trusts: Growthpoint, Cromwell, and Gateway, highlighting the different outlooks for this firm for 1H17

Feb, 2017

Knight Frank appoints Head of Office Leasing, NSW

People & Companies / Latest News

Aaron Weir to join the firm in May from Colliers

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

Feb, 2017

Lendlease posts 12 per cent rise in earnings from commercial property business

People & Companies / Latest News

Global construction and infrastructure group Lendlease will look to its construction and development pipeline for growth in the coming year, boosted by the strong office leasing markets.

Feb, 2017

Growthpoint â€“ 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

Feb, 2017

Cromwell â€“ Not Much to Report

People & Companies / Latest News

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

Feb, 2017

Gateway â€“ (Gate)way to Go

People & Companies / Latest News

CLSA reports that Gateway's (GTY) 1H17 result was below their expectations with a FY17 underlying NPAT guidance revised downwards to be flat (vs +5% at FY16)

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

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

Feb, 2017

Citipower spends $23m plus to owner-occupy prime Fishermans Bend site

People & Companies / Latest News

Citipower has paid commercial real estate agent Michael Donovan more than $23 million for a South Melbourne sub-station the electricity supplier has leased since 1965.

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

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

Feb, 2017

Blackstone, Fairstead sell 18-story Kips Bay rental for $52M

People & Companies / Latest News

Blackstone Group and Fairstead Capital quietly sold an 18-story Kips Bay rental building to Adam and Aaron Daniels' A.D. Real Estate Investors for $52 million.

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.

Feb, 2017

Black Spruce buys Bronx multifamily building for $26M

People & Companies / Latest News

Rent-regulated building spans 88K sf.

Feb, 2017

Elementary, my dear Watson: IBM searching for massive new NYC office

People & Companies / Latest News

Tech company on the search for as much as 350K sf.

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.

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

Feb, 2017

Ingham's Murray Bridge feedmill to attract global buyer interest

People & Companies / Latest News

CBRE has been exclusively appointed to manage the sale and leaseback campaign of Ingham's new Murray Bridge feedmill located in South 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.

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

Feb, 2017

Mornington Peninsula's best snapped up in hotel sale

People & Companies / Latest News

The Best Western Plus Brooklands Hotel has sold for circa $9 million â?? highlighting the strong continued demand for investment opportunities on the Mornington Peninsula.

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 additionalÂ 100K sf.

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.

Feb, 2017

CBRE GI acquires 17,500 sq m office in Stockholm

People & Companies / Latest News

CBRE Global Investors, on behalf of its clients, has acquired an office property, Tobaksmonopolet 2, SÃ¶dermalm in Stockholm. The asset was sold by Aberdeen.

Feb, 2017

Folkestone Education Trust reports 16 per cent higher profit for 1FY17, in strong position to â€œdetermine what the future holdsâ€

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

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

Feb, 2017

Kew Housemuseum gets a sister gallery

People & Companies / Latest News

The Lyon Housemuseum in Cotham Road, Kew, (corner Florence Street) established a new architectural typology when it opened its doors in 2009.

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.

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

Feb, 2017

Goodman expands portfolio in the Port of Hamburg

People & Companies / Latest News

Goodman Group is developing a new 12,700 sqm logistics centre in Altenwerder Freight Village in the Port of Hamburg.

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.

Feb, 2017

GPT declares healthy profit despite slowdown in speciality retail sales

People & Companies / Latest News

A big lift in property values and improving income from office markets in Melbourne and Sydney have delivered one of the country's largest diversified real estate investment trusts a substantial boost in profit.

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

Feb, 2017

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

People & Companies / Latest News

The company wants to broaden its focus across hospitality sectors

Â

Feb, 2017

Clayton industrial goes straight to SMSF

People & Companies / Latest News

An owner-occupier in the aged care bedding business has paid $1.4 million after auction for a Clayton industrial property that will provide a self-managed super fund/lease back investment.

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.

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.

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.

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.

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.

Feb, 2017

Merewether favourite Burwood Inn hits market as pub demand soars

People & Companies / Latest News

High demand for pubs has prompted Newcastle's Ian Burford to offer the Burwood Inn for sale through Daniel Dragicevich and Ben McDonald from CBRE Hotels, in conjunction with Deane Moore from Moore and Moore Real Estate.

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

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.

Feb, 2017

McDonald's moves to Bourke Street after Metro Rail upheaval

People & Companies / Latest News

Fast food giant McDonald's will open a corner store on Bourke and Russell Streets after being told its high-trading Swanston Street venue will be compulsorily acquired for the $10.9 billion Metro Rail project. Â

Feb, 2017

Abacus, KKR and Riverlee Group sell World Trade Centre in Melbourne

People & Companies / Latest News

One of the world's largest private equity groups, a wealthy investor and an ASX listed property fund have sold the World Trade Centre in Melbourne for $267.5 million, gaining a $99.5 million capital increase in just over two years. Â

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

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.

Feb, 2017

Logistics assets in hot demand

People & Companies / Latest News

Industrial assets are back in the headlines with a number of deals in the wings and demand riding high from investors and developers, according to agents. Â

Feb, 2017

Extell secures $73M to refi five properties

People & Companies / Latest News

Deutsche refinancing includes an additional $26.5M

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

Feb, 2017

Folkestone Maxim A-REIT Securities Fund is the no. 1 performing A-REIT securities fund over 1, 2 and 3 years in the Mercer Survey

People & Companies / Latest News

Folkestone Maxim A-REIT Securities Fund ARSN 116 193 563 (â??Fundâ?) is pleased to announce that itÂ has been reported as the No. 1 performing fund over one, two and three years in the Mercer InvestmentÂ Performance Survey of Australian Real Estate Securities (REIT) (Active Funds) at 31 December 2016.

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.

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

Feb, 2017

Houston Hotels to Enjoy Significant Growth From Super Bowl 51

People & Companies / Latest News

According to a projections by STR, the overall hotel industry in Houston will see overall performance growth between 150% and 350% during Super Bowl 51 weekend.

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

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.

Jan, 2017

Cleanaway sell tip sites in west for $22 million

People & Companies / Latest News

Waste management giant Cleanaway has sold two landfill sites in Melbourne's west for up to $22 million.

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.

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'sÂ redevelopment of 161 Sussex Street. Â

Jan, 2017

Ascott REIT's FY 2016 Unitholders' distribution rises 9% to record high of S$135 million

People & Companies / Latest News

Distribution per unit increases 4% to 8.27 cents Â

Jan, 2017

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

People & Companies / Latest News

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

Jan, 2017

Extell scoops up home of Carnegie Deli

People & Companies / Latest News

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

Jan, 2017

Derrimut flexes its strength as logistics hub

People & Companies / Latest News

Steel distributor Steelforce has consolidated its three Melbourne properties into a new purpose built facility in Derrimut.Â

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.

May, 2015

Lang Walker of Walker Corporation

People & Companies / Profiles

Executive Chairman of Walker Corporation, Lang Walker, talks to My Property Report about the secrets behind his success,

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

People & Companies / Latest News