Nov 14 2018
By 2030, 20-39 year old’s will comprise 23% the developed world’s population. Those aged over 65 will have risen to 23%. Understanding the demands of these groups matters as they become major real estate occupiers.
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Developers are sparking a surge in permit amendments for aged care projects, turning their backs on residential developments and shifting their focus to “independent living”, a hybrid between the aged care sector and traditional apartments, in a fight for Melbourne’s ever-expanding downsizer market.
Nov 05 2018
A CBD supermarket and several ground floor retail shops at the base of an iconic Collins Street apartment tower are being offered for sale for the first time.
Australia / Melbourne
A four level freehold building in Melbourne’s Chinatown precinct - one of the city’s most highly pedestrianised areas has been listed for sale for the first time in more than five decades.
Tightening vacancy to ease in 2020
Nov 02 2018
Whilst Australia’s residential property market sleeps, the vibrant and eclectic suburb on Sydney’s Fringe is alive with activity.
Australia / Potts Point
Oct 29 2018
Teska Carson (9421 7000) is marketing an outstanding development site with an approved permit for an apartment development at Moorabbin on Melbourne’s south-eastern bayside. The property will be sold by Expressions of Interest closing Wednesday, November 21 at 3pm.
Savills releases latest Global Living report
Australia / Sydney
Oct 24 2018
Dexus today announced a property portfolio operational update for the quarter ended 30 September 2018. Darren Steinberg, Dexus Chief Executive Officer said: ?Strong leasing in Sydney during the first quarter combined with the securing of trading profits from the settlement of 32 Flinders Street, Melbourne have set the group up to achieve our FY19 market guidance of circa 5% growth in distribution per security.?
Oct 23 2018
McKillop House – the home of a former Melbourne laneway nightclub – has sold for $14.5 million after a hotly contested auction that attracted almost 300 people.
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