This Month
ACCC gives Lendlease, Stockland two-month ultimatum over $1.3b deal
The competition watchdog has further delayed a decision on the two property giants’ transaction over a 12-community portfolio of assets.
Rents in Sydney, Melbourne are starting to come down
New figures show asking rents plateauing or even falling in some markets after several years of sustained increase.
New home approvals rise to six-month high
As two project approvals in Brisbane and Melbourne show, soaring materials and financing costs have made new projects unviable for all but the priciest homes.
Lendlease sells US military housing business for $480m
The divestment of its contract to maintain and manage 40,000 military housing units is the latest part in the $4.5 billion divestment and global retreat.
The unusual move that made this seller $4.8m
Most people with a large block to offload would do just that, but this vendor developed it – and made a much bigger profit in the process.
June
- Exclusive
- Architecture
‘Huge demand’: Australia’s largest design firm expands worldwide
Architecture practice Woods Bagot is focusing on growing demands for luxury and non-traditional consultancy services for design firms.
Cannon-Brookes’ $10m office reno tops architecture awards
The focus on giving new life to old buildings is crucial at a time when preserving embodied carbon of existing buildings is an increasing priority.
Mirvac sells $1.3b stake in new tower to Mitsui
The transaction is the latest evidence of the company’s efforts to trade out of lower-quality office assets and focus on new, premium ones.
Housing not so ‘impossibly unaffordable’ after all
A recent global ranking of housing affordability only considered detached house prices in Australia. When including apartments, the picture changes. A lot.
The next home-building boom is coming
Despite higher borrowing and construction costs, increasing demand for new housing will draw out capital – but not from first home buyers.
Chef knighted with toy sword in Melbourne
Swords were drawn on Monday night at Collingwood’s Smith Street Bistrot, where Scott Pickett received a lofty French honour.
- Updated
Why AustralianSuper isn’t investing in build to rent
The head of the country’s largest industry super fund says risk and scale are crucial factors for any investment it considers – and that’s an issue with BTR.
The 10-minute, $1.5m sale that was an afterthought
An interstate buyer paid $835,000 for in investment block of land, sight unseen. When they did come to see it, they bought the neighbouring block, too.
How higher building costs will shape the Brisbane Olympics
High labour costs will put pressure on the construction sector, forcing changes in how new projects are procured.
Post-pandemic demand for Australian housing softens
Overseas interest in Australian residential real estate softened in the six months to December, according to new Treasury figures of Foreign Investment Review Board applications.
GreenFort Capital targets $800m land lease portfolio
There’s a growing snowball of players and money rolling into the residential property play on one of Australia’s biggest demographic changes.
Nuclear plan puts sovereign risk back into infrastructure: Contractors
The Coalition’s energy proposal rekindles uncertainty for a contracting industry counting on renewable energy to offset a slowdown in rail and road work.
Construction insolvencies will level out, CBA says
After a few torrid years of collapses among builders and subcontractors, there are signs that conditions are going to normalise.
CBA unveils aggressive business banking strategy to take on Macquarie
Among measures outlined by the bank is a plan to target $20 billion in deposits real estate agents hold for renters, a niche dominated by Macquarie.
Working from home option secures $1.8m sale
A Gold Coast home had a commercial side to it that put most buyers in the area off. So the agent went further afield.