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Development
Arada’s Australian MD made redundant amid leadership tensions
Relationships in the Arada Australia management team had fractured, with parties alleging misconduct
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Hotels & Leisure
New Sydney Bounce hostel is on track after amended plans filed
Bounce Sydney Investments is committed to getting the long-awaited hostel finished
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Office
Office returns are ‘fabricated’: fund manager
Serene Capital’s Glen Boultwood says a real office return can be half the headline rate, whereas in hotels, the yield is the yield
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Alternative lenders
Private credit managers back ASIC scrutiny as sector faces higher bar
Ironstate and MaxCap support stronger disclosure rules
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Development
Large Gold Coast land holding hits the block
The 4.7ha property operates as a 200-site caravan park
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Data centres
“$100bn” just a number as Goodman ramps up data centre projects and calls out PE firms’ “bullshit”
The data centre and logistics giant will hit close to $20bn of project starts by June next year
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Hotels & Leisure
Serene Capital targets $50m raising for hotel deals
The hotel-focused fund manager is looking to add to its $830m portfolio
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ESG
Strong prices now depend on sustainability performance: Cushman & Wakefield
New report argues sustainability has become a core driver of value in Australia’s property market
Spotlight
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Investment
Why Rethink Group’s Scott O’Neill is bullish on Melbourne
The chief executive is seeing signs of a turnaround in some sectors of the city’s…
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Office
CRE deals hit four-year high as big malls, offices towers change hands: JP Morgan
October deals were bolstered by the sale of a half-share in Grosvenor Place and mall…
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Office
South Melbourne gateway site with redevelopment potential hits the market
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Office
Perth office market to turn the corner as economy booms, supply fizzles out: GDI
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People
Long-time executive Gallagher departs Peet
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Retail
Fashion brand expands presence in Melbourne’s Swanston Street
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Residential
Private developer snaps up Toowoomba development site
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Residential
Lincoln Place seeks permit for land lease estate in regional Qld
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Residential
Receivers appointed to $2bn Sydney housing estate
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Alternative lenders
Private credit managers back ASIC scrutiny as sector faces higher bar
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Development
Large Gold Coast land holding hits the block
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Development
Arada’s Australian MD made redundant amid leadership tensions
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Alternatives
Billionaire outfoxes rival for prestigious golf course
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People
Top UK retail agent swaps London for Perth
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Data centres
“$100bn” just a number as Goodman ramps up data centre projects and calls out PE firms’ “bullshit”
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Corporate
Colliers posts double-digit growth in third quarter
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Corporate
Q+A: CPP Investments’ van Oosterom – “The lines between sectors are blurring”
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Development
Arada’s Australian MD made redundant amid leadership tensions
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Rural
Ex-Rich Lister Tony Haggarty puts historic Goonoo Goonoo Station on the market
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Office
Hines still committed to $1bn Melbourne office tower, in talks with ‘major tenants’
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Residential
Receivers appointed to $2bn Sydney housing estate
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People
From Tim Horan to Jason Little: The 25 ex-sports stars making their mark in CRE
Round-up
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South Melbourne gateway site with redevelopment potential hits the market
Zoning allows for 10 to 12 storeys
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Perth office market to turn the corner as economy booms, supply fizzles out: GDI
The listed property investor and fund manager owns office buildings in Perth
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Long-time executive Gallagher departs Peet
Tony Gallagher will step down from his role as chief operating officer
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Fashion brand expands presence in Melbourne’s Swanston Street
Gorman adds tenancy in Melbourne CBD to its catalogue
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Private developer snaps up Toowoomba development site
The property, in the locality of Middle Ridge, can house up to 342 dwellings
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Lincoln Place seeks permit for land lease estate in regional Qld
The land lease community developer has lodged plans for a 8.9ha site in DevCore’s $1.1bn Coral…
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Receivers appointed to $2bn Sydney housing estate
Missed interest payments over the 2400 lot landholding has triggered moves by PAG and Risland
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Landlords bet on food and sport as antidote to online retail: CBRE
Regional centres shift from shopping to social hubs
Sydney
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Distress
Receivers put Sydney hotels on the market
Receivers of Jon Adgemis’ fallen pub empire are looking to recoup money from the sale…
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Industrial
Local owner occupier secures warehouse in Sydney’s west
The property is within Silverwater’s industrial precinct, 20km west of the Sydney CBD
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Retail
Blueshore unveils $74m mixed-use project for inner Sydney site
The development, in Alexandria, is close to the recently opened Waterloo metro station
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Alternatives
Hong Kong conglomerate looking to drive away from car parks
The wheels are in motion for the biggest car park portfolio offering this year
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Industrial
Q+A: Unikorn’s Helen Tarrant on the wholesale investors fund houses are ignoring
The founder also talks about her plans to disrupt the fund management space
Melbourne
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Data centres
Sharon AI expands in Australian data centres with NextDC
The deal will expand Sharon AI’s data centre footprint in Australia and the Asia Pacific…
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Office
Ascot Capital pays $54m for Salvos’ HQ in Melbourne’s east
Accord Property Group has sold the property on a 6.5% yield
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Office
Hines still committed to $1bn Melbourne office tower, in talks with ‘major tenants’
The US firm is seeking a major tenant to anchor the 600 Collins Street project
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Development
Chinese developer looks to divest long held Melbourne residential site
Listing follows ministerial approval for a 138-lot master-planned community
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Development
Time & Place sells out $125m first stage of Melbourne skyscraper
The developer has called for settlements of 194 homes in stage one of The Queensbridge…
Perth
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Development
Pacific Energy to build HQ at Perth Airport Estate
The project is slated to start construction early next year and expected to be completed…
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Residential
Finbar gets greenlight for Perth apartment project
The $63m Rivervale project is in the inner eastern suburb
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Hotels & Leisure
Q+A: Serene Capital’s Glen Boultwood on building a market-leading hotel fund
Investors have been rewarded with double-digit returns on non-trophy hotel assets over the past 11…
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People
Top UK retail agent swaps London for Perth
Tom Edson is moving with his family to Perth after a taking a role at…
Brisbane
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Retail
Rich Lister-backed NRG Property buys historic Brisbane retail asset
The Melbourne-based family office has acquired the Heckelmanns building in Brisbane CBD
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Leasing
Rent Roll: Office edition
A rundown of recent office property leasing transactions across Australia
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Office
Aware Real Estate nabs major mixed-use asset in Brisbane
The investment platform has acquired The Barracks in Brisbane’s city fringe
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Leasing
Rent Roll: Industrial edition
A rundown of recent industrial property leasing transactions across Australia
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Office
Vacant Brisbane office building with development potential teed up
The property could be combined with the adjoining Brisbane GPO for a large-scale office or…
People
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My first sale: CBRE’s Ray Ahsan on how his first sale shaped his career
Ahsan says his first deal taught him that opportunity rewards consistency and that credibility is earned through delivery
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From Nashville to Port Macquarie: Ex-Cushman US boss on why he’s moved to regional NSW
David Sansom has joined fast-growing regional NSW agency Lifestyle Group as head of commercial
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“It doesn’t get any better than this”: Why GPT is bullish on Australia’s retail sector
The company is also upbeat on the outlook for CBD retail assets
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From Tim Horan to Jason Little: The 25 ex-sports stars making their mark in CRE
Green Street News has tallied up a roster of former professional athletes now working in the property sector
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Ten questions for: Knight Frank director Anthony Pirrottina
Pirrottina got into investment banking straight out of university but found his true calling was commercial real estate sales
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Q+A: Neometro’s James Tutton on brand, good design and ‘zero sympathy’ for NIMBYs
Tutton explains why building a design-focused brand buyers trust has been key to Neometro’s long-term success
Green Street global exclusives
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London
Developers vie for £1.5bn City tower project
Four investors still in running for 1.1m sq ft scheme
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Industrial
Caisson iO explores £80m Welsh industrial sale
Disposal of Slate portfolio up and running
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Student Accommodation
Brookfield takes first step to create its next UK student platform
Experienced sector investor to develop alternative to more expensive, purpose-built product
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Retail
UK owner targets Paris retail sale after sealing €95m Milan disposal
Investor closes one of largest post-pandemic high street transactions in Italy
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Industrial
French investor snaps up €46m Ericsson facility near Munich
Swedish tech giant has extended lease on 41,000 sq m site until 2034