Property Markets

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May 27 2019

Prahran warehouses primed for purchase

Property Markets / Transactions

Two Prahran warehouses have come to market with expectations of more than $8million, as developers continue to scour the city fringe for untapped opportunities. Located 100 metres from bustling Chapel Street at 35-39 Clifton Street, one of the properties is leased to popular juice brand, Emma & Tom’s. The other, at 41-43 Clifton Street, is owner-occupied and will be sold with vacant possession.

May 26 2019

Savills Australia sells major landholding in Perth’s suburbs for $9million

Property Markets / Transactions

A major land sale has transacted in Forrestfield for $9million, as demand for industrial property assets in Perth’s core suburbs regains momentum.

May 26 2019

Melbourne’s commercial property market still in great shape

Property Markets / Outlook

Melbourne’s commercial property market is set to regain momentum in the second half of 2019, despite negative noise surrounding the dwindling number of transactions, according to one commercial property agency.

May 26 2019

CapitaLand unveils design of One Pearl Bank in Singapore

Property Markets / Transactions

CapitaLand has unveiled the highly-anticipated design of One Pearl Bank perched atop the verdant Pearl’s Hill. The development comprises two gently curving 39-storey towers linked at the roof by dramatic sky bridges. The slender, curved facades create a light and airy effect, providing ample space for residents and onlookers to look out and through the towers to admire the stunning views atop the hill. Towering at 178 metres, One Pearl Bank will be the tallest residential development in the Outram-Chinatown district in Central Singapore, offering panoramic views that extend from the Central Business District to Sentosa.

May 20 2019

LOWER NORTH SHORE STILL STRONG ACCORDING TO AQUALAND AND CBRE

Property Markets / Transactions

Current property market sentiment points to drastically falling prices in areas of large supply in Sydney, however despite these reports there are pockets of Sydney that still represent significant opportunities and plenty of growth potential, most notably Sydney’s Lower North Shore.

Apr 16 2019

Spotlight shines on Student Accommodation as International Students continue to flock to Oz

Property Markets / Outlook

The Australian student accommodation sector is powering through a rapid development phase, a chapter in its evolution not so dissimilar to other emerging asset classes across global markets, such as build-to-rent in the UK or data centres across South East Asia.

Apr 15 2019

GURNER™ CONTINUES TO BREAK RECORDS AT SAINT MORITZ, SELLING $80MILLION IN FIVE PENTHOUSES OFF MARKET IN 36 HOURS

Property Markets / Transactions

Luxury property developer GURNER™ has defied the market yet again with almost $80million in off-market penthouse sales achieved in just 36 hours at its defining new development, Saint Moritz, as Melbourne’s wealthy business set emerge as buyers of the multi-million-dollar properties.

Apr 10 2019

Butcher, baker and candlestick maker drive rents in Victoria’s neighbourhood shopping centres

Property Markets / Outlook

Australia’s retail sector has been in a state of flux throughout the past three years, as the effects of online, large-format and specialist retailing have grown more pronounced, according to one commercial property agency.

Apr 08 2019

Australian voters do not understand Labor’s proposed changes to capital gains tax and negative gearing

Property Markets / Outlook

A report released by the Housing Industry Association today shows that the majority of Australian voters do not understand Labor’s proposed changes to capital gains tax and negative gearing. It also shows that the majority of people want a proper review before any changes take place.

Apr 08 2019

New Home Sales Trending Down

Property Markets / Outlook

“New home sales remained subdued in February, with just a 1.0 per cent increase across Australia, against a downwards trend that has been evident since the end of 2017,” stated HIA’s Chief Economist, Tim Reardon.

Apr 08 2019

ASCOTT REIT ACQUIRES PRIME FREEHOLD LIMITED-SERVICE BUSINESS HOTEL IN SYDNEY AUSTRALIA FOR A$60.6 MILLION

Property Markets / Transactions

Ascott Residence Trust (Ascott Reit) is acquiring Felix Hotel, a prime freehold limited-service business hotel located in close proximity to Sydney Airport, for A$60.6 million (S$58.8 million1). The 150-room property will be rebranded as Citadines Connect Sydney Airport upon completion of the acquisition in May 2019. This will be Ascott Reit’s first business hotel in Australia and its first property to be managed by its sponsor, The Ascott Limited (Ascott) under the new Citadines Connect brand.

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Property Markets

Prahran warehouses primed for purchase

Property Markets / Transactions

Savills Australia sells major landholding in Perth’s suburbs for $9million

Property Markets / Transactions

Melbourne’s commercial property market still in great shape

Property Markets / Outlook

CapitaLand unveils design of One Pearl Bank in Singapore

Property Markets / Transactions

LOWER NORTH SHORE STILL STRONG ACCORDING TO AQUALAND AND CBRE

Property Markets / Transactions

Spotlight shines on Student Accommodation as International Students continue to flock to Oz

Property Markets / Outlook

GURNER™ CONTINUES TO BREAK RECORDS AT SAINT MORITZ, SELLING $80MILLION IN FIVE PENTHOUSES OFF MARKET IN 36 HOURS

Property Markets / Transactions

Butcher, baker and candlestick maker drive rents in Victoria’s neighbourhood shopping centres

Property Markets / Outlook

Australian voters do not understand Labor’s proposed changes to capital gains tax and negative gearing

Property Markets / Outlook

New Home Sales Trending Down

Property Markets / Outlook

ASCOTT REIT ACQUIRES PRIME FREEHOLD LIMITED-SERVICE BUSINESS HOTEL IN SYDNEY AUSTRALIA FOR A$60.6 MILLION

Property Markets / Transactions

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