August
- Opinion
- Property investment
Investing in property for yield has never looked so unattractive
Rather than dealing a fatal blow by ending negative gearing on property, governments are bringing about death by a thousand cuts.
- Michelle Bowes
Chadstone owner Vicinity beats guidance as occupancy rates rise
The mall landlord reported operating earnings of 14.6¢ per security after saying in February that it would hit the top end of its guidance of 14.5¢.
- Larry Schlesinger
DWS sells Brisbane CBD office for $24m less than it paid for it
The property fund manager’s acquisition of 120 Edward Street is yet another sign that office values have dropped at least 20 per cent due to WFH headwinds.
- Campbell Kwan
July
Record leasing, higher rents lift earnings at Centuria industrial fund
Centuria Industrial REIT leased more than 20pc of its portfolio over FY24 and generated average increases of 43 per cent as rents were reset to market rates.
- Larry Schlesinger
- Exclusive
- Retail property
Leica backs Melbourne CBD revival with world’s biggest store
The famed German camera maker has transformed an entire building in the Melbourne CBD into a retail hub that includes an art gallery.
- Larry Schlesinger
- Exclusive
- Sales
Rivers of gold from Surfers Paradise towers flow to ex-Evergrande exec
A local real estate developer with extensive links to the collapsed Chinese property giant says it has more than $500 million in unsold units on the Gold Coast.
- Primrose Riordan
Quintessential’s $250m Brisbane office deal confirms valuation slump
Quintessential’s $250m purchase of 240 Queen Street in Brisbane from Brookfield crystallises a 17pc fall in the tower’s value from its peak.
- Larry Schlesinger
June
ISPT to raise $250m for big push into small malls
ISPT head of funds management Matthew Brown says recent transactions have given the platform confidence that values are near the bottom of the cycle.
- Larry Schlesinger
May
Former analyst pays $48m for Brisbane office tower
Jacob Fong has taken a deep dive into the Brisbane office market and uncovered good buying opportunities in the city’s Midtown precinct.
- Larry Schlesinger
Coles property boss says building woes could force up grocery prices
Coles property boss Fiona Mackenzie says not being able to deliver new supermarkets as planned could force up the prices of grocery items.
- Larry Schlesinger
Fund manager busy buying assets in a struggling office market
Brisbane-based Exceed Capital has snared its second office building in nine months and is now circling bigger CBD assets
- Larry Schlesinger
- Exclusive
- Retail property
UBS bets on co-working and bowling to fix troubled Melbourne mall
UBS has secured two big tenancies for St Collins Lane, an arcade in the Melbourne CBD that has been one of the city’s worst performing malls for years.
- Larry Schlesinger
Why Michael Hill chose Chadstone to sell $1m diamond earrings
Michael Hill’s global flagship store will open in Melbourne’s biggest mall Chadstone, and will include a $1m pair of yellow diamond drop earrings.
- Larry Schlesinger
Centuria lifts glasshouse portfolio to $450m with big Vic acquisition
Centuria has paid about $100m to buy the Katunga Fresh glasshouse facility in a sale-and-leaseback deal with the Van den Goor family.
- Larry Schlesinger
April
The Barbie effect: Mattel expands into mega shed
DHL has relocated its Mattel warehouse to a site 20 per cent bigger as the toy maker looks to cater for rising demand for its products after the hit movie.
- Larry Schlesinger
Warehouse construction to surge again, but no oversupply fears
Warehouse completions fell by almost 1 million square metres last year, but the stabilisation of debt and construction costs will fuel a strong rebound.
- Larry Schlesinger and Michael Bleby
March
Avenue Bank wins full APRA licence, bank guarantees in sight
Avenue will take on the major banks in the $9 billion market for rent guarantees demanded by commercial property landlords.
- James Eyers
February
Swatch adds gloss to Melbourne’s luxury watch precinct
The Swiss watchmaker cements a city block as the country’s premier luxury watch precinct after opening a flagship store on Collins Street.
- Larry Schlesinger
The property boom in this sector has years to run: Centuria
Centuria expects to rack up rental increases as 41 per cent of its industrial leases expire over the next 3½ years.
- Campbell Kwan
Start-up apologises for ‘offensive’ male-led girls’ club announcement
Kiki’s decision last month to announce a pivot to a social club triggered anger from female founders, who receive far less venture capital funding than men.
- Nick Bonyhady and Jessica Sier