Australian Property Journal | Businesses
Australian Property Journal
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25.01.2022 A WRAP up of other #socialinfrastructure, #developmentsite and #commercialproperty #investmentsales, as well as leasing transactions across Australia. #cre #officeproperty #retailproperty #industrialproperty #commercialrealestate
24.01.2022 ALAN Carpenter, the former Premier of Western Australia, has been appointed to the board of DevelopmentWA.
24.01.2022 THE Western Australian government has extended the emergency period for commercial and residential tenancies for six months to March 28 next year. #residentialproperty #cre #commercialproperty #coronavirus #covid19aus #residentialtenancy #commercialtenancy
24.01.2022 RESIDENTIAL vacancies in the Melbourne CBD reached an all-time high of 10% in August as the city reeled from a second wave of #coronavirus restrictions. #ResidentialRealEstate #vacancyrates #ausproperty
23.01.2022 OWNER occupiers are pushing up industrial values in Adelaides northern suburbs, taking advantage of low interest rates and no stamp duty on transactions, subsequently bringing down leasing activity. #cre #commercialproperty
23.01.2022 MYER has booked a $172.4 million full year loss after the pandemic smashed in-store trading, and despite a surge in online sales the result prompted vocal major shareholder Solomon Lew to call for the boards resignation.
23.01.2022 GOLD Coast City Council has approved an apartment project overlooking the Gold Coasts Snapper Rocks surf break at Rainbow Bay, which has nearly sold out with more than $70 million in sales in little more than two months.
22.01.2022 DESPITE an existential crisis facing the office sector around the world, activity in the #coworking and #flexibleoffice segment is taking place, with Mirvac signing up a new operator for Allendale Square in #Perth. #cre #commercialproperty #officeleasing
22.01.2022 #DATAcentre owner operator DC Alliance has acquired Pier DC in Perth, its first investment into Australia. #cloudcomputing
22.01.2022 THE Victorian government unveiled a $3 billion support package in cash grants and tax relief including stamp duty discount for commercial and industrial property, as well as pledged to support sole traders. #sme #businessupportfund #covid19aus #coronavirus
22.01.2022 ROUSE Hill, Gosford and central Melbourne are among Australias top 10 danger zones for #propertyinvestors looking at #offtheplan #apartments. #residentialrealestate
21.01.2022 #SUPPLYchain and #IndustrialProperty development consultancy TM Insight has furthered its growth plans, acquiring XAct Solutions in a move that it hopes will enhance the combined groups capabilities in the market and expansion in Asia. #cre #commercialproperty
21.01.2022 TIGHT vacancies across Australia reflect the strength of the industrial and logistics market during the pandemic, as unprecedented e-commerce demands push occupiers to expand their business capacity. #cre #commercialproperty
20.01.2022 LIFESTYLE Communities has added another Melbourne fringe site to its portfolio, picking up a western Melbourne parcel that will yield about 180 homes.
20.01.2022 GEORGIOU Capital has been selected as the preferred proponent by the Western Australian government to overhaul the Landgate building in Midland.
19.01.2022 THE Sydney Eastern City Planning Panel has approved Heworths development application for the $135 million re-development of the former Balmain Leagues Club site which will see the beloved Tigers return to Rozelle.
19.01.2022 AUSTRALIAS oldest private property developer, Lewis Land Group, has acquired the Mon Komo Hotel in Redcliffe in the first Queensland pub transaction finalised during the pandemic.
19.01.2022 SENTINEL continues to invest in Townsville, purchasing a $4.63 million industrial facility. #industrialproperty #commercialrealestate #cre #commercialproperty #investmentsales
19.01.2022 #KNIGHTFrank has bolstered its South Australia industrial team with the appointment of David Ludlow to lead the division.
18.01.2022 NEW kid on the block, HomeCo Daily Needs REIT has entered into a binding contract to acquire Marsden Park Shopping Centre. #areits #cre #commercialproperty #investmentsales #capitalmarkets #retailproperty #commercialrealestate
18.01.2022 VICTORIAN Treasurer Tim Pallas announced the government will waive the Vacant Residential Land Tax for vacant properties this year, at the cost of $6 million.
17.01.2022 PROPERTY fund manager Castlerock has returned to the #Wollongong office market, acquiring the Australian Taxation Office building in a $57 million-plus deal that sets a third record price for the city in three years. #cre #commercialproperty #capitalmarkets #investmentsales
16.01.2022 ACTIVE #nonbank #lender MaxCap Group has acted as lead arranger and financier of JD Group’s long-awaited $250 million apartment development in Melbourne’s inner east, adding to its circa $1.5 billion in commitments during the pandemic. #developmentfinance #developerfinance #propertyfinance #nonbanklending #propertyloan #commercialfinance
15.01.2022 REAL estate fund manager, EG, has not quite finished with acquisitions for the year, with the purchase of a Bunnings in Rockdale for $48.75 million. #cre #commercialproperty #investmentsales #largeformatretail #commercialrealestate #retailproperty
14.01.2022 THE Edgewater mansion in Point Piper has sold for a whopping $95 million, as the prestige and luxury residential property market shrugs off the COVID-19 pandemic.
13.01.2022 #SYDNEY’S largest vertical #urbanfarm will be launched by a partnership between Charter Hall Group and Urban Green. #verticalfarm #sustainability #agrifood #microgreens #urbanfarming #indoorfarming
12.01.2022 A WRAP up of other commercial and #ruralproperty sales, as well as #leasing transactions across Australia. #cre #commercialproperty #investmentsales #industrialproperty
12.01.2022 A WRAP up of other #commercialproperty #sales, as well as #leasing transactions across Australia. #cre #retailproperty #investmentsales #industrialproperty #officeproperty
11.01.2022 AUSTRALIAN Unitys property business has appointed James Goodwin to the newly created role of general manager investment & origination.
11.01.2022 A WRAP up of other #ruralproperty and #commercialproperty #investmentsales, as well as leasing transactions across Australia. #cre #commercialproperty #officeproperty #retailproperty #industrialproperty #commercialrealestate
11.01.2022 THE Australian Property Institute has announced the finalists of its 2020 Excellence in Property Awards, celebrating outstanding achievement in the property profession.
11.01.2022 CBRE has been named the Best Property Consultancy in Australia and New Zealand at the Asia Pacific Property Awards 2020-2021.
10.01.2022 CUSHMAN & Wakefield has been named the worlds top commercial real estate advisor for the third consecutive year by Euromoneys 2020 Real Estate Survey.
10.01.2022 FRASERS Property Industrial is offloading 14 industrial zoned land parcels spanning a combined 3.34 hectares in #Melbournes south east. #cre #commercialproperty #industrialproperty
10.01.2022 AUSTRALIAN retailers will continue to yo-yo with monthly swings in spending as retail sales in some states and categories are expected to take longer to recover to pre-COVID-19 levels, according to Deloitte Access Economics.
09.01.2022 AFTER more than four decades, towers rising more than 300 metres high could now spring up in Sydney’s CBD, while plans for a higher levy on new buildings have been retained following a review of Council’s Central Sydney #Planning Strategy. #sydneyskyline
09.01.2022 CASTLETOWN shopping centre is set for a new Coles and specialty retailers after Townsville City Council approved the $34 million redevelopment plans.
09.01.2022 SUBLEASE vacancy rates are increasing in the #Melbourne CBD office market, to levels above the euro debt and global financial crisis as the Victoria government announced office workers will be permitted to return at the end of month. #cre #commercialproperty
09.01.2022 AFTER missing out on a Melbourne office building, Singapores Keppel REIT has bought a Macquarie Park office park from Goodman Group for $306 million on a net yield of 5.25%. The Asian asset manager believes there will be greater demand for metropolitan accommodation in the wake of COVID-19 as more companies adopt a hub-and-spoke business model. #cre #commercialproperty #capitalmarkets #investmentsales #officeproperty #crossborderinvestments #crossbordercapital #areits
09.01.2022 US real estate investment trusts earnings stabilised in the third quarter with many REITs reporting rising rental receipts as the reopening of shops and stores contributed to cash flows.
08.01.2022 NAPIER & Blakeley have advised on all sectors of the property and development marketplace for more than 35 years.
07.01.2022 MORE than $15 million is expected for a soon-to-vacated Aldi supermarket in Sydney’s west, which could potentially make way for a tower rising as high as 55 metres. #cre #commercialproperty #retailproperty
07.01.2022 THE home loan repayment holiday provided by the banks until March next year is keeping a lid on mortgage arrears, but ratings agency Fitch warns they will rise in 2021. #residentialproperty #coronavirus #covid19aus
06.01.2022 FRESH from acquiring a prestigious Brighton parcel, Pallas Groups Fortis has added a prominent #SouthMelbourne site to its development pipeline that will deliver a new six level office building with an end value of $27.5 million. #cre #commercialproperty #investmentsales
06.01.2022 CHARTER Hall has secured a backing from Dutch pension fund PGGM for a new $800 million industrial real estate wholesale partnership, which it will seed with a portfolio with seven assets. #areits #capitalmarkets #industrialproperty #commercialrealestate
06.01.2022 #SYDNEY and #Melbourne dwelling prices copped the brunt of the pandemics impact, while #Canberra was the only capital city to escape a fall in values during the June quarter. #ausproperty #ResidentialRealEstate #houseprices #covid19aus #coronavirus
06.01.2022 THE Charter Hall Social Infrastructure REIT has acquired the new South Australian Emergency Services Command Centre from Axiom Properties, for $80 million on a 4.8% passing yield. #areits #cre #commercialproperty #investmentsales #capitalmarkets #officeproperty #Adelaide #commercialrealestate
04.01.2022 HOUSING lending recorded its biggest monthly increase during July as the country emerged from the first round of pandemic lockdowns, but Melbournes relapse could result in a downturn lasting months.
03.01.2022 AFTER climbing to record highs, Australian agricultural land prices are forecast to record low - to no - growth over the next 18 months as the market enters a new phase, according to agribusiness banking specialist Rabobank.
02.01.2022 CHARTER Hall has extended its partnership with BP, creating a new fund that will take a 49% interest in a NZ$534 million portfolio of 70 fuel stations across the ditch, and further increasing the property giants exposure to the convenience retail sector. #areits #capitalmarkets #alternativeinvestments
02.01.2022 REAL Asset Management (RAM) has acquired three regional hospitals in Tasmania and New South Wales for $100 million, as it moves forward with plans to list an essential services property trust on the ASX amid growing institutional demand for healthcare and medical assets. #HealthcareRealEstate #SocialInfrastructure
01.01.2022 VACANCY rates in Sydney have increased again, showing that the COVID-19 pandemic isn’t quite done with the residential rental market in NSW.
01.01.2022 FRASERS Property Industrial and ESR Australia have completed Nissan Australias new head office in Mulgrave.
01.01.2022 NEARLY one hectare of land in the Warriewood Valley with potential for more than 30 residential dwellings has sold to a private local Sydney developer for $11.5 million.
01.01.2022 ALEXANDRA Vineyard in Langhorne Creek has been listed for sale with expectations of over $6.3 million, the second asset in a famous South Australian wine region to be offered within a matter of days.
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