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News
Why Office Lobbies Are Becoming Public Spaces
8+ hour, 49+ min ago (917+ words) The office lobby has traditionally been a private environment for workers, a place where they can simply enter, pass security, cross the foyer and take the lift to their workplace above. But some commercial buildings are increasingly opening up their…...
Louth Island luxury eco-resort in South Australia hits market with $30m price hopes
4+ day, 1+ hour ago (708+ words) High-net-worth individuals, hotel operators and desk daydreamers rejoice: a private island spanning 135 hectares with its very own eco-resort is on the market. Louth Island, located three kilometres from the South Australian mainland, and new luxury retreat Rumi are expected to…...
Queensland government launches Rockhampton housing site capable of delivering 200 homes
5+ day, 2+ hour ago (558+ words) A Queensland government-owned site capable of delivering about 200 homes has hit the market in Rockhampton, where the residential vacancy rate has tightened to just 1 per cent amid mounting housing demand. Economic Development Queensland (EDQ) is seeking a development partner for…...
Clyde North retail centre sells for $18.65m as Stonebridge cites decade-high building rate
5+ day, 4+ hour ago (731+ words) A private investor has acquired Meridian Village Lifestyle Centre in Melbourne’s fast-growing south-east for $18.65 million, completing the $42.6 million sell-down of Griffith Group’s retail development in Clyde North. The newly developed, nationally leased retail centre attracted multiple on-contract offers and changed…...
Negative gearing changes drive investors towards industrial property
5+ day, 23+ hour ago (810+ words) Mum and dad investors are turning to industrial assets as the federal budget changes to negative gearing begin to bite into residential investment returns. Agents and buyer advocates report an increase in inquiries from small-scale investors in the months since…...
DoubleTree by Hilton Parramatta to open in Deicorp precinct
6+ day, 8+ hour ago (954+ words) Parramatta’s ever-expanding skyline is gaining a twin-tower landmark, with Hilton set to make its debut in Sydney’s fast-growing second CBD as part of a new urban village already under construction. The 100-room DoubleTree by Hilton Parramatta will open in late…...
The commercial property sectors winning over investors in Australia
6+ day, 10+ hour ago (545+ words) In the fierce competition for both international and domestic capital being invested in Australia, what’s hot, and what, most definitely, is not? The answer is more complex than the question. Some investors, of course, prefer those assets in which they…...
Historic Carlton football pub hits market for first time in 60 years
1+ week, 42+ min ago (876+ words) It may have blue blood running through its veins, but there’s nothing of the sort on the menu at Green Man’s Arms, an historic double-storey Victorian-era pub long associated with the Carlton Football Club in Melbourne’s inner north. Looking for…...
AI companies drive demand for Sydney and Melbourne premium office towers
1+ week, 6+ hour ago (644+ words) AI companies are fast moving in on Sydney and Melbourne’s best office spaces, simultaneously pushing up the bar for prime-grade space. The surge in tech occupancies is centred in Sydney, where several major international companies, including ServiceNow, Databricks and BrainChip…...
$90m Melbourne CBD development site opposite Flagstaff Gardens for sale
1+ week, 3+ day ago (432+ words) “Park-fronted CBD sites with multi-tower capacity are virtually non-existent anymore,” says Cushman & Wakefield international director Oliver Hay, of 388 William Street, dubbed ‘The Trilogy ’, which has recently come to market. “This would represent the largest park-fronted site in the CBD available…...