Victorian residential records highest growth in 16 years

THE value of Victorian residential properties has increased by more than 20% over the past two years, according to the Municipal Group of

Who’s in your house? Supreme Court ruling makes it harder for tenants to sublease with Airbnb

OPINION: :Whilst many seek innovative opportunities to make a little extra cash on the side, opportunistic rental tenants may no longer be able

Aldi bags upper north shore office building

MARPROP Real Estate Partners has cashed an office building in Sydney’s upper north shore, selling it to Aldi for $26.5 million.

The sale

Elanor raises 30m for new funds

ELANOR Investors Group has completed an institutional placement, raising $30 million.

The funds will be used to establish and cornerstone a new commercial

Revved up buyer drives petrol station yield down to 1.53pc

A PETROL station at Fitzroy on the northern edge of Melbourne’s CBD has sold for $9.6 million on a record tight 1.53% yield.

MAB reels in buyers at business parks

MAB Corporation has experienced an influx of sales in its business parks in the west and north of Melbourne.

All but two lots

API-capital-markets-banner-july-2016
Chinese cooling on high-end residential property
Chinese cooling on high-end residential property

Chinese cooling on high-end residential property

Chinese cooling on high-end residential property »

Decisiveness needed from FIRB
Decisiveness needed from FIRB

Decisiveness needed from FIRB

Decisiveness needed from FIRB »

Another bumper year for retail investments
Another bumper year for retail investments

Another bumper year for retail investments

Another bumper year for retail investments »

Demand for land subdivisions remain solid
Demand for land subdivisions remain solid

Demand for land subdivisions remain solid

Demand for land subdivisions remain solid »

Uncertainty overshadows improving fundamentals – Nicki Hutley
Uncertainty overshadows improving fundamentals – Nicki Hutley

Uncertainty overshadows improving fundamentals – Nicki Hutley

Uncertainty overshadows improving fundamentals – Nicki Hutley »

Aldi bags upper north shore office building

MARPROP Real Estate Partners has cashed an office building in Sydney’s upper north shore, selling it to Aldi for $26.5 million.

The sale

Revved up buyer drives petrol station yield down to 1.53pc

A PETROL station at Fitzroy on the northern edge of Melbourne’s CBD has sold for $9.6 million on a record tight 1.53% yield.

MAB reels in buyers at business parks

MAB Corporation has experienced an influx of sales in its business parks in the west and north of Melbourne.

All but two lots

Centuria cashes in long held investment

CENTURIA has offloaded two properties in Sydney’s Macquarie Park for a combined $101 million.

The properties, at 80 Waterloo Rd and 16 Byfield

BlackWall swoops on Canberra office

BLACKWALL Property Trust has acquired the $25 million commercial office building at 490 Northbourne Avenue, Dickson in Canberra, which has now been renamed

Telstra capitalises on residential development appetite

TELSTRA has offloaded a residential development site in Melbourne’s eastern suburb of Burwood for $1.32 million.

A local developer with plans for a

Rare Brunswick industrial comes online

AN office/warehouse property at Brunswick is going on the market for the first time in 60 years.

The 41-43 Weston St property comprises

Beverley industrial sold to local

A LOCAL private investor has bought a 1,400sqm industrial property in the western Adelaide suburb of Beverley for $1.954 million.

JLL’s David Ludlow

Land prices slow but remain elevated

AFFORDABILITY remains an issue for first-home buyers, as national land price growth eases but prices remain at record highs, according to the HIA-CoreLogic

Foreign investors dominate office market

OFFSHORE investors bought a lion share of office sales in the 12 months to June, accounting for 48% of $18 billion transacted, according

Sydney and Melbourne retail buck the trend

STRONGER local economic conditions and population growth in Sydney and Melbourne have underpinned positive rental growth in the Q2 2016, according to JLL.

Sydney office transactions jump by 40pc

SYDNEY’S office market has recorded a 40% rise in sales on the five-year average, exceeding $8.7 billion in 12 months to June 30,

Victorian residential records highest growth in 16 years

THE value of Victorian residential properties has increased by more than 20% over the past two years, according to the Municipal Group of

Melbourne’s most affordable suburbs revealed

THERE are suburbs in Melbourne where homebuyers can still get a foothold into the market for a fraction of the city’s median house

Adelaide’s tallest residential tower up for grabs

KYREN Group is looking to sell its proposed 36-level Frome St project, which could become the Adelaide CBD’s tallest residential tower.

Colliers International

Final prime Green Square residential site on the market

THE last remaining residential development opportunity within Green Square Town Centre is up for grabs.

The 9,693 sqm site at 811 Elizabeth St

Victorian residential records highest growth in 16 years

THE value of Victorian residential properties has increased by more than 20% over the past two years, according to the Municipal Group of

Chinese cooling on high-end residential property

AFTER launching into the prestige residential property market with gusto, Chinese buyers’ interest is cooling. The latest Australian Property Institute and Herron Todd

Decisiveness needed from FIRB

GREATER clarity and decisiveness is needed from Australia’s Foreign Investment Review Board (FIRB) to encourage offshore investment in Australia’s agricultural sector and a

Another bumper year for retail investments

RETAIL property transactions shows so no signs of slowing and will remain elevated at above-trend levels throughout the remainder of 2016, according to

API calls for another interest rate cut

OPINION: THE most recent interest rate cut of 0.25 basis points by the Reserve Bank is more than welcome by mortgage holders, but

Rural & Agribusiness

Rural & Agribusiness

Sir Michael Hintze ropes in Gundagai cattle station

MH Premium Farms has acquired the 2,573-hectare beef cattle operation Deltroit Station at Gundagai, reportedly for $16 million – $19 million.

MH Premium

Deepbank station snapped up by a local

A LOCAL buyer has purchased the 4,187-hectare Deepbank Station, near Mundubbera in Queensland’s Wide Bay-Burnett region, for $4 million.

CBRE agents Thomas Warriner,

Queensland mid-north farm fetches 2m

A 10,252-hectare site comprising the Dusty’s Hut and Werribee properties in Queensland’s mid-north has sold for $2.1 million.

Lorin Bishop and Robert Murolo

Elanor raises 30m for new funds

ELANOR Investors Group has completed an institutional placement, raising $30 million.

The funds will be used to establish and cornerstone a new commercial

Vicinity gains 279m

VICINITY Centres has recorded a $279 million increase to the value of its portfolio.

Forty of its 81 directly-owned retail properties were independently

Uniting Church launches sustainable office trust

THE Uniting Church Synod of NSW and the ACT has launched a new $400 million sustainable office property trust to acquire buildings in

Simonds revises loss from business closure

LISTED builder Simonds Group has forecast a pro forma earnings before tax to range between $13 million – $14.5 million for the 2016

Developers signup with Maddocks eContracts

THREE developers have signed up to use lawyers Maddocks electronic contract exchange platform eContracts.

Woodlea, Neometro and ID Land will become the first

Dexus expects to pocket 85m from Canberra office

DEXUS Property Group has put its Finlay Crisp Centre, a three-building, campus-style office complex in the Canberra CBD, on the market.

The complex

MCC pushes ahead with Munro site

THE Melbourne City Council has chosen a master developer to develop the 6,329 sqm Munro site.

Vince Giuliano’s PDG Corporation has been selected

Dexus Parramatta office tower gets approved

THE Sydney West Joint Regional Planning Panel has approved Dexus Property Group’s new development at 105 Phillip St Parramatta.

As a result, construction

Lendlease wins approval for Circular Quay skyscraper

LENDLEASE has received the green light to build Sydney’s tallest office tower of 52-storeys at Circular Quay.

Sydney’s city council endorsed the proposal

MercyCare buyers Belrose Care facilities

NON profit Catholic residential aged care provider MercyCare has expanded its portfolio with the acquisition of four Belrose Care facilities.

MercyCare will assume

Australian Unity Healthcare injects 30m into Robina

THE Australian Unity Healthcare Property Trust has purchased two medical properties in Robina, Queensland for $30 million, bringing its total investment in the

Catholic Healthcare buys Maroubra RSL site

NON profit residential aged care provider Catholic Healthcare has snapped up a prime 10,850 sqm Sydney’s Maroubra RSL Memorial Bowling Club site for

Aged care provider snaps up Mordialloc site

AN aged care provider has snapped up a Mordialloc development site with an approved permit for 97 apartments.

The 5,186sqm 78-86 White St

Stockland gets started on 31m Bundaberg retail

STOCKLAND has started construction on the $31 million expansion of its retail precinct on land adjacent to Sugarland Shoppingtown in Bundaberg West.

The

Charter Hall appoints new director

CHARTER Hall Group has appointed Karen Moses as an independent director as part of the group’s board renewal process, following the retirement of

Westfield appoints Kingsborough to newly created role

WESTFIELD Corporation has appointed technology and retail industry expert Don Kingsborough to the newly-created position of president, Westfield retail solutions. Chairman Frank Lowy

Axiom wins 200m Double Bay project

AXIOM has been selected by Woollahra Council as the preferred proponent to develop the $200 million mixed-use project on the Cross St car

Oliver Hume scores Point Cook gig

THE state government body Places Victoria has appointed Oliver Hume to market a new townhouse development at Point Cook in Melbourne’s west.

As