Today
Lendlease lands Japanese investors for $1.5b London tower
Under pressure from investors, the company is in the thick of a wide-ranging overhaul of its business to reduce global exposures. The London deal is a boost.
Home builder AVJennings accepts $365m takeover bid
A takeover battle for the builder erupted between a US bidder and a Singaporean player. Local builders face tough conditions, but their land banks are appealing.
Japan’s Daibiru picks up Sydney office tower in $600m deal
Major Japanese players are investing more in Australian real estate, commercial and residential.
Yesterday
House doubles in 2 years to $3.55m after cosmetic renovation
A five-bedroom Queenslander in northern Brisbane was a stand-out sale as buyers and sellers typically hold back until the outcome of a federal poll is known.
March
Sydney Fish Market posts losses but stays afloat
Concerns about the market’s solvency flared after it failed to lodge its 2024 accounts on time, and design complexities and costs rose at the new facility.
Tough times for orchards, vines send values plummeting
Capital values for orchards and vineyards plunged over 2024. In contrast, farmland used for grazing and annual crops has prospered, and the outlook is rosy.
Wealthy silk Allan Myers puts Western District run on the market
High-profile lawyer Allan Myers also runs an extensive agribusiness and investment platform, with much of its focus on Dunkeld where he was raised.
NZ fresh produce giant tempts Aussie agribusiness investors
The travails at T&G Global spell opportunity for Australia’s big players, which have been battling for larger slices of the sector.
Gallaghers back behind the bar at Sydney’s Jacksons on George
The well-known Sydney publican family has taken one of Sydney’s best-known watering holes.Gone are the sticky carpets, in are the fancy menu and the rooftop bar.
Melbourne’s Southbank to get $1.5b high-rise with nearly 500 apartments
Developer PDG has moved swiftly to formulate plans after picking up a prized site on Melbourne’s Southbank from US giant Blackstone, the owner of Crown Resorts.
Healthscope woes hurt investors after landlord pulls distribution
Rental breach notices issued to Healthscope have triggered a chain of events which have ultimately led to the operator saying it would put itself up for sale.
Goodman’s $10b global data centre roll-out starts in LA
Renowned for its worldwide portfolio of warehouses, Goodman is taking advantage of that land bank in the race to serve a global surge in data use.
Super fund giant’s $2b caravan park play goes upmarket
G’day Group is a big player in camping and caravanning. Now it’s buying resorts in its grand ambition to be the go-to for regional holidays.
New homes to fall 400,000 short of national target: report
The production of both greenfield homes and apartments is well below average. The supply of new dwellings is forecast to fall 11 per cent this year.
US giant quits NT cattle station amid carbon confusion
Uncertainty and delays in the release of new rules for carbon projects spur Hartree, indirectly owned by US global funds giant Brookfield, to sell
Swiss outfit to exit $100m of Queensland cattle stations
The two sprawling stations are part of a substantial cattle and sheep empire put together over years by Swiss aviation dynamo Oskar J Schwenk.
The AI surge: 175 new data centres and $26b in investment
The number of devices connected to the internet in each household is expected to double by 2030, fuelling a big rollout in data centres.
Barwon raises $150m for healthcare real estate
With a diverse mix of labs, clinics and hospitals, the Barwon fund’s portfolio is carefully set up to weather challenges in the healthcare sector.
The Trump trade that matters most for property
What impact does the US president and yields on 10-year US bonds have on commercial property investment? Quite a lot, actually.
Top paddocks on Darling Downs tapped for renewables
Landowners are seizing the initiative to test market appetite for their property from the renewable energy operators.