This Month
Can an ‘upmarket boarding house’ solve Sydney’s housing problem?
Hotel Capital Partners is acquiring the former Quest Potts Point hotel and turning it into short-term rental housing to capitalise on inner-city housing shortages.
Charter Hall’s pursuit pays off as pubs giant accepts $760m bid
After months of opposing the offer, the board of listed pubs landlord Hotel Property Investments has recommended that investors accept the deal.
- Exclusive
- Shopping centres
Dexus’ own shopping centre fund vetoes $450m Melbourne mall purchase
The unusual situation has left one of the country’s largest real estate owners scrambling to find a way to finalise the acquisition of the Woodgrove mall.
The $4b rebound in office tower trades in the heart of Sydney
A $600 million office tower in the heart of Sydney is on track to change hands, capping off a remarkable resurgence for the battered sector.
Charter Hall clears first hurdle in fight to control big name pubs
The property giant and superannuation fund Hostplus have taken a majority stake in Hotel Property Investments during a drawn-out battle for control.
David Thompson’s Long Chim closure blamed on rents and poor business
The high-profile Thai restaurant is the latest major restaurant to close. It blamed high rents, but administrators says staff costs were too high.
CoreLogic sued for data scheme allegedly engaging Bill Papas’ Forum
BCI has sued its larger rival CoreLogic for scraping data and having Forum and two other parties access “confidential” information. CoreLogic says it did nothing wrong.
New hands and old in $20m deal at Hugo’s Manly
Artemus Group has bought the Manly institution while also entering into a joint venture with Hugo’s Group to open more hospitality projects together.
UN votes to raise more ire, as police hunt hate suspects
Police say two males aged 15 to 20 were seen fleeing the scene after anti-Israeli words were painted on buildings in Sydney’s Woollahra and a stolen car set ablaze.
- Updated
Shock and fear, but little surprise in Sydney’s Jewish heartland
Jewish TV chef Ed Halmagyi has urged fellow Jews to be patient as the spray paint perpetrators of the latest antisemitic attack remain on the loose.
US giant Hines eyes $600m office tower deal in North Sydney
The mooted sale is at around a 25 per cent discount to the tower’s value when built just five years ago, a sign of how much the sector has been hammered.
- Exclusive
- Shopping centres
Dexus appeals forced sale of $830m Macquarie Centre stake
Dexus is disputing a court decision that requires one of its managed funds to sell a half stake in the Sydney shopping mall to its co-investors.
Sydney property slumps as buyers wait for price falls
The preliminary clearance rate for auctions in Sydney fell to 58 per cent – its lowest in a year – as buyers anticipate price falls.
- Exclusive
- Property development
More than 1000 apartments to rise from old Sydney Fish Market site
A long-heralded plan to transform the site into housing is gaining momentum, as three major developers are shortlisted for the $1.5 billion project.
What Cleary and Payne can teach us about winning (and Armstrong can’t)
Penrith Panthers head coach Ivan Cleary, Melbourne Cup-winning jockey Michelle Payne and mindset coach Ben Crowe share their secrets to success.
Khuda’s plan to turn AirTrunk into a $100b-plus company
Robin Khuda believes injecting billions into Asian economies will open more doors to exponential growth for the data centre behemoth.
The $180m mall Woolies liked so much it bought it
Woolworths’ big buy in Sydney’s west shows the price it’s prepared to pay as it jostles with its rivals for the best position in suburbs across the nation.
- Exclusive
- Agriculture
Macquarie buys $175m stake in fresh fruit producer
Macquarie Asset Management adds a controlling stake in one of the country’s largest citrus, berry and table grape producers to its $4.7 billion agricultural portfolio.
Pubs operator beats theme park giants to snap up Sydney’s Luna Park
The popular harbourfront landmark was sold by Canadian investor Brookfield for more than $50 million. Its new owner described it as a “great opportunity”.
November
News Corp’s REA sues Domain for allegedly scraping listings data
Domain has rubbished the claims, arguing that REA’s lawsuit is a bid to exert market influence.