Yesterday
- Exclusive
- Tourism
Adrenaline rush, light and sound show planned for Mornington cable car
Plans by Rich Lister Peter Gunn and NAB director Simon McKeon for Arthur Seat Eagle on the Mornington Peninsula include a thrilling luge ride.
- Larry Schlesinger
- Exclusive
- Rich families
How the wealthy daughters of Westfield co-founder John Saunders invest
Previously unreported filings for Terrace Tower, owned by the late businessman’s family, reveal assets worth $1.85 billion. But it has been a bumpy two years.
- Primrose Riordan and Ronald Mizen
- Exclusive
- Office
Brookfield to sell $480m stake in tower that Cartier calls home
Singaporean property giant UOL will buy Brookfield’s half stake of 388 George Street, which will be managed by Investa once the deal is completed.
- Campbell Kwan
This Month
- Exclusive
- BlackRock
BlackRock seeds $1.5b laboratory real estate fund
BlackRock is partnering with local private equity firm Wentworth Capital on a “pure play” laboratory fund that has already secured a number of seed assets
- Larry Schlesinger
Commercial property is coming back to life in US
But at what price will beaten-down offices, apartments and other properties actually change hands?
- Natalie Wong and John Gittelsohn
Ex-Brookfield CFO seeks $50m for equity push into housing projects
Andrew McVeigh says he has investors lining up to commit to a new equity fund that will invest in a portfolio of development projects.
- Larry Schlesinger
- Exclusive
- Construction
Retail legend invests $100m in Ray White private credit push
Sanity Entertainment owner Ray Itaoui has joined the push by high-net-worth investors, family offices and institutions into private real estate credit.
- Larry Schlesinger
Australia’s most powerful people in property for 2024
Interest rates and construction costs are wreaking havoc and creating new winners and losers. Perhaps the biggest power shift is the fading influence of the CFMEU.
- Nick Lenaghan
‘Pay to stay’: Average Sydney hotel room rate to hit $426 by 2033
Sydney will be the standout hotel market over the next decade as occupancy rises to 86pc and few new hotels are completed to keep up with demand.
- Larry Schlesinger
How Japanese temples and shrines became hot real estate
A surge in religious properties coming up for sale has authorities worried that prospective buyers are not interested in them for heavenly purposes.
- Mariko Katsumura
- Exclusive
- Property development
The new high-tech Australian CBD shaping up to rival Singapore
3D printing, semiconductors and advanced packaging are all part of a high-tech mix envisaged for Bradfield city planned for Sydney’s west.
- Campbell Kwan
- Exclusive
- Property market
NSW house prices to flatline this year, valuer general says
A strong first half has pushed values up in the NSW capital, but those gains are unlikely to be repeated.
- Michael Bleby
- Exclusive
- White collar crime
Australian executive allegedly stole $2.7m from Singapore’s CapitaLand
The real estate giant has more than $9 billion in its local portfolio. It accused Yongho Lee of taking the money by faking documents and moving to South Korea.
- Campbell Kwan
From Supercheap to Salvos, retail assets earn investors’ favour
More than half of the 22 properties offered at commercial property auctions this week were passed in, but big brand retail assets sold well.
- Larry Schlesinger
Developer V-Leader abandons $1b of Melbourne office projects
V-Leader is selling two big sites with permits in place for $1b of office projects, joining a growing number of developers abandoning commercial developments.
- Larry Schlesinger
- Exclusive
- Office design
Table tennis, hot-desking are so 2019. Offices are changing again
Many offices are out of date with post-pandemic usage patterns, but there are signs of stabilisation for the first time since the disruption of the pandemic.
- Michael Bleby
Jon Adgemis’ Public Hospitality loses control over five pubs
US private credit investor Muzinich & Co has pulled out of a major refinancing deal and called in receivers for venues including Oxford House and The Norfolk.
- Max Mason
Chris Lucas’ 24/7 recipe for success
Renowned restaurateur has been working with developers to transform the ground level of major new projects with upmarket restaurants.
- Nick Lenaghan
Will the Sydney Metro change where you work?
Corporate tenants are shifting into the CBD, thanks to the new metro stations. But experts are divided on whether North Sydney will be a winner or a loser.
- Campbell Kwan
Build-to-rent sector faces wave of consolidation
Rising costs and limited capital could force some operators in the sector to exit the market.
- Nila Sweeney
