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Residential
US, Malaysian property giants part ways on Melbourne BTR project
Rising construction costs have scuttled a development partnership
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People
Q+A: ESR president Phil Pearce on his new global role and why Australia is such a key market
Phil Pearce was the driving force behind ESR growing to a $29bn business in Australia. Now he’s been tasked with running the global business.
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Industrial
Major industrial site in regional NSW on the market
The property is expected to attract strong demand from institutional investors
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Retail
Interstate buyer snaps up new Adelaide liquor store
The Dan Murphy’s outlet sold on a sharp yield
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Politics
UDIA reviewing Yoorrook indigenous report recommendations on land redress
The government will assess the proposals laid out in the report, which was years in coming
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Corporate
GemLife goes live on the ASX
The pureplay residential land lease community developer is the new kid on the block
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People
Australian executives secure leadership roles at newly privatised ESR
Phil Pearce has been appointed president of ESR, while Brett Robson is chair of the board
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Residential
Realside to refurbish Sydney office asset for $60m
The decision comes amid the sluggish B-grade office market and strong demand for high-end apartments
Latest insights
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Hotels & Leisure
Q+A: Pan Pacific Hotels boss talks Down Under growth strategy
CEO Choe Peng Sum explains why a $50m upgrade to the company’s flagship Perth property…
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Investment
Commercial property transactions rise 13% in H1 as rates ease: CBRE
The industrial and retail sectors led the rebound in property sales
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Data centres
Global investors join Goodman in $4.1bn Hong Kong data centre partnership
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People
Q+A: ESR president Phil Pearce on his new global role and why Australia is such a key market
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People
Australian executives secure leadership roles at newly privatised ESR
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Retail
Interstate buyer snaps up new Adelaide liquor store
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Residential
US, Malaysian property giants part ways on Melbourne BTR project
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Residential
Realside to refurbish Sydney office asset for $60m
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Industrial
Major industrial site in regional NSW on the market
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Investment
Commercial property transactions rise 13% in H1 as rates ease: CBRE
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Politics
UDIA reviewing Yoorrook indigenous report recommendations on land redress
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Corporate
GemLife goes live on the ASX
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Student Accommodation
AustralianSuper gets motoring with £250m student portfolio
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Industrial
Fast-growing logistics player makes big splash in Melbourne
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Retail
Charter Hall strikes biggest Bunnings sale of the year
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Retail
Embattled Elanor set to offload Brisbane mall at steep discount
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Residential
US, Malaysian property giants part ways on Melbourne BTR project
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Retail
Chemist Warehouse founders buy Mosman retail property on tight yield
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People
Australian executives secure leadership roles at newly privatised ESR
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Retail
Chinese developer buys Melbourne CBD retail complex for $80m
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Data centres
AirTrunk buys more land in Melbourne
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Retail
QLD Bunnings properties teed up below last purchase price
Round-up
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Global investors join Goodman in $4.1bn Hong Kong data centre partnership
The new vehicle will hold six assets including two data centres under construction
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Chemist Warehouse founders buy Mosman retail property on tight yield
A second property nearby sold on nearly the same yield, reflecting strong interest from private money
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Large regional Vic landholding hits the market
The property is one of the most significant industrial land offerings in the area in recent…
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Ten questions for: Lord Darkoh, CBRE associate director for Western Sydney
Among the properties Darkoh has sold is the Blacktown Police Station
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SC Capital eyes strong bids for Melbourne office tower
The offering comes as the firm prepares to wind down an opportunistic fund
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AirTrunk buys more land in Melbourne
The data centre player paid a more than 100% premium for a small site as it…
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Deicorp gets go ahead for $1.8bn project
The Kings Bay Village project is one of the first projects to finally bring to life…
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Commercial property dip in Australia is over: KPMG
The firm has a more optimistic outlook on the office market, where values have stabilised and…
Sydney
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Development
Prime Sydney site linked to Sunito, Sathio on the block
The property, in Sydney’s inner west, is expected to see strong demand
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Hotels & Leisure
John Azar adds The Duke to expanding Sydney pub portfolio
Good Beer Company has acquired The Duke hotel in Dural
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Hotels & Leisure
Singapore-based hotel chain nabs Skye Suites Sydney
The 73-room Sydney CBD hotel was sold for more than expected and settled in late…
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Office
Salvos list Sydney site with approved office tower plans
The Surry Hills site could sell for close to $13m based on comparable sales
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Industrial
Cadence, VFMC join forces to buy four industrial assets
The properties include one NSW warehouse and three in Victoria
Melbourne
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Industrial
Westbridge completes fund with Melbourne industrial purchase
The Total Return Fund nabs facility in Thomastown
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Planning
Govt slashes developer levy, further cuts possible
The previous sky-high levy had made projects unfeasible
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Distress
Elanor asset sales exceed $300m
Elanor Investors Group continues its divestment program to pay down debt
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Leasing
GPT secures first tenant at Melbourne office development
Marketing services company WPP will take space at 51 Flinders Lane
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Retail
Melbourne Bunnings sale confirmed at $44m, biggest in three years
Bunnings Clyde North was purchased by a wealthy Melbourne family on a 4.9% yield
Perth
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Leasing
Office rents continue to accelerate: Cushman
Office rents across Australia continue to rise, but expiries loom large in the two biggest…
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Industrial
Industrial property developers put 750,000 sq m of new sheds on hold: Cushman
Feasibility constraints are putting pressure on new supply, but capital markets show no signs of…
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Hotels & Leisure
Serene Capital expected to make a profit on Perth airport hotel sale
The Ibis Budget Perth Airport is being marketed with approved development potential
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Retail
Ikea Australia settles Perth property deal
Ikea now owns its Perth store, which opened in 2008
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Hotels & Leisure
Receivers list Perth luxury hotel site
The Rivervale site was being developed by Perth construction technology company NXT Tec
Brisbane
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Industrial
Chinese giant Jingdong Property debuts down under
The property arm of China’s largest retailer has bought its first property in Australia
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Corporate
Star’s Queen’s Wharf exit in doubt as JV partners move to terminate deal
The deal to buy Star’s Queen’s Wharf stake has hits a major roadblock
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Office
Sekisui House set to relist Brisbane’s Greenhouse office building
The West End asset is returning to market fully leased
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Office
Singapore’s Mapletree serves up office platter
There’s something for everybody with office properties in Brisbane, Adelaide, Sydney and Melbourne up for…
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Development
Mosaic nearly sells out $260m Brisbane residential project
The Carter in Kangaroo Point has tallied $205m of sales ahead of public release
People
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People
McGees Property Adelaide appoints director to lead new advisory arm
Rachel Elliot takes the helm of new division
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People
Knight Frank makes changes to NSW leadership team
The firm has announced two new appointments including a new NSW managing director
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People
Knight Frank strengthens Victorian industrial team
The firm has made four appointments focused on the state’s industrial sector
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People
Central Element bolsters team with five hires
Appointments to drive the firm’s growth in Sydney
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People
GSA poaches LaSalle’s Australian co-lead
Global Student Accommodation has set its sights on growth with the hire of Simon Howard
Green Street global exclusives
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Industrial
Garbe secures £26m loan for Lancashire logistics scheme
Funding in place for 245,000 sq ft facility in Skelmersdale
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People
CBRE Frankfurt head of investment departs
Peer Neiser will leave at end of year after 23-year stint
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Industrial
Ofi finds buyer for €130m French logistics portfolio
Sale launched in April through duo of brokers
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Investment
Q+A: MASSIVart’s Demers on how creative placemaking drives property valuation
The company works with developers to generate interest in commercial real estate