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Property development

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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.

March

John Aloisi’s soccer team plays on despite ATO audit

The Tax Office has been revealed as the applicant trying to wind up the parent companies of Australia’s highest ranked A-League club Western United.

NEX Building Group says it has not been able to get a rezoning for 8 years on this 150-lot site at 91B Bells Lane at Badagarang, near Cambewarra on the NSW south coast. 

Largest builder in NSW seeks land-banking clarity

Newcastle-based NEX Building Group is concerned about a ‘sting in the tail’ of this week’s budget announcement.

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.

New infrastructure planned for the Brisbane 2032 Olympic summer Games includes a main stadium, aquatic centre and a main athletes village on the site of the RNA showgrounds.

Builders line up for $7.1b Brisbane Olympic spree

The runway to develop infrastructure for the world’s biggest sporting tournament has shrunk to just seven years, so work has to begin soon.

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Still just a dream: No construction work has yet started on the Southbank, Melbourne site.

Tallest tower creditors vote for ‘shit sandwich’ proposal

Administrators of the entity managing the $2.7 billion project can now sell the project. But there’s another option for Beulah director Jiaheng Chan.

Macquarie-backed build-to-rent player Goodstone Living has signed a GBP 116m deal to develop and manage a parcel of 360 homes at Dagenham Green, on the site of the former Ford stamping factory.

Inside Macquarie’s $237m punt on the east London riverside

It has taken four years, but the wealth giant’s British build-to-rent vehicle Goodstone Living seems to be finding its feet – on the site of a famous former Ford factory.

A render of the planned InterContinental Barossa Resort & Spa, to be developed on a 21-hectare site at Lot 102 on Hoffnungsthal Road outside Lyndoch in SA. 

Barossa Valley wine mecca to get its first luxury hotel

Operator IHG has teamed up with developer Strategic Alliance to develop the 150-room InterContinental Barossa Resort & Spa.

Calling all institutions: The CEFC wants to drum up capital for developments meeting EU-level emissions standards.

CEFC, $11b Goldman Sachs fund will invest in low-carbon developments

The federal government’s green bank says it’s leading other investors into more sustainable project investment.

We have restrictive zoning laws that, combined with our national preference for detached housing, have led to low housing density in major capital cities.

Productivity problem empowers populist right

We had better get our act together in Australia or we may court the kind of poisonous politics wreaking havoc in the United States and across Europe.

NSW must build 376,000 homes in the next five years, including 15,800 social and affordable dwellings.

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.

Pencil thin: The Cox-designed tower has 28 levels and a net sellable area of 9788sq m.

Builder Roberts Co faces new threat from bond claims

While the contractor’s Victorian operations are only part of its business, developer claims against guarantees could tear a big hole in the parent company.

Workers removing equipment from the site of Amazon’s half-built four-level warehouse in Melbourne’s Craigieburn on Friday.

Administrators, developers comb through Roberts Co wreckage

The Victorian builder put into administration late on Friday had eight live projects and as many as 16 still in the warranty period, early indications show.

A mirage? Australia’s tallest residential project will go ahead in the hands of a new owner, if it is completed at all, as developer Beulah is trying to sell it to pay its unpaid bills.

Beulah plans to sell Southbank site of its $2.7 billion skyscraper

The administrators of the Sth Bnk development has recommended creditors allow the site to be put on the market, with the proceeds to repay millions in debts.

Inside the dilapidated Californian Theatre in downtown San Diego. The building, which has been untouched for over 30 years, is at the centre of various legal actions facing Caydon.

An Aussie developer, a US theatre and the lenders chasing millions

Caydon founder Joe Russo is accused of self-dealings and negligence by not disclosing the red flags of a run-down Californian theatre.

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The growing problem facing Australia’s ‘broken’ housing market

Private credit has backed housing development as banks retreated, but new and smaller players are taking on projects that may never be finished, says a report.

Antony Catalano is facing opposition to his development plans on multiple fronts.

Catalano’s property drama spills into Byron Bay altercation

Police were called to the altercation outside Raes Hotel on Wategos Beach.

Scape Franklin Street, in central Melbourne, is the largest asset included in the developer’s $6 billion fund. With 50,000 square metres of gross floor area, it is the largest mixed-use and education building globally.

Student bed pipeline jumps 19pc in six months

Momentum is picking up in the purpose-built student accommodation sector after a couple of quiet years.

101 Collins Street (centre), much to Goldman Sachs’ relief, is set to keep its sweeping views of the Yarra River.

101 Collins St owner buys billionaire’s site to save Yarra River views

The Tarascio family has sold a Melbourne CBD site where a luxury apartment proposal would have obstructed views from the city’s top tower and its tenants.

Twists and turns: Little-known funder Open Capital says it wants to fund the trouble Sth Bnk project in Melbourne.

Little-known funder eyes Australia’s biggest residential project

Sydney-based Open Capital says it’s in talks to fund the full $2 billion cost of the troubled Sth Bnk development. But its source of funds isn’t clear.

Original URL: https://www.afr.com/topic/property-development-60u