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Property Observed

Yesterday

Coles coming: The 720 Bourke Street building, left, previously occupied by Medibank, will be the supermarket’s new HQ from 2027.

The office market’s dirty secret

In many cases, incentives offered to office tenants are so big they exceed the cost of the fitout. So why not just reduce the rent?

This Month

Want to play the housing rebound? Here’s how

What’s the best way in to a residential real estate recovery? Debt or equity, listed or unlisted, build-to-rent, student housing, or land lease?

February

Reflecting the retail pain, Scentre (Westfield) reported a half-year loss of $3.61 billion.

Why commercial property is at a turning point

Real estate investment trusts around the world are pointing to brighter outlook for commercial property.

Reserve Bank cut a turning point for commercial property markets

For the commercial property sector, the rate cut is more a marker of a fundamental shift to a stable, even cheaper, cost of debt.

The Property Council numbers show that in 2024, Australian businesses and governments actually occupied more office space than they exited.

Back to the office momentum a win for sector

The impact of working from home on Australian office towers is stabilising, even as businesses and employees continue to wrestle with WFH.

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December 2024

When will office tower values stop falling?

Investor sentiment about the battered office sector is turning. And, say some, there may even be some upside in 2025.

November 2024

David Harrison, CEO of Charter Hall is marking 20 years at the helm of the property firm.

Doing it his way: How David Harrison built an $80b funds empire

In his two decades at the top, the Charter Hall chief executive has transformed the property funds group into a giant of the industry.

Confidence boost: the proposed redevelopment at Chatswood Chase on Sydney’s north shore.

Australia’s big shopping malls are back in black

Despite the cost of living pressures and the challenge of on-line shopping, retail rents are rising and so are mall valuations. There’s a reason for that.

July 2024

The investor survival kit for property taxes

Property investors, particularly in Victoria and NSW, face what seems to be an ever-increasing regime of extra costs and charges. Here are some tips to stay the course.

June 2024

Property buying and selling intentions are at multi-year lows.

‘Eyes wide open’: How to ride the private credit boom

Private credit for commercial real estate has never been stronger. It’s also running into trouble. “All of us need to be eyes wide open and alert. It is real estate and it is credit. Let’s not misprice the risks.”

March 2024

‘Get in at the right time, you’ll outperform’: Steinberg exits Dexus

The chief executive is stepping down from one of the country’s biggest firms, bringing to a close two decades of high-profile commercial property leadership.

February 2024

Report card on the REITs: mind your debts

Lessons from earnings season: retail property surprised on the upside, logistics cooled a tad, office continued to lag, and housing inquiry rose.

All that glitters: opportunity beckons in funding the battered property sector.

The $45b funding gap in commercial property

For owners, the capital gap is a looming challenge over the next few years. For those with capital, it is a major opportunity. 

January 2024

Lang Walker at his Parramatta Square development in Sydney.

Lang Walker: builder of skyscrapers with feet firmly on the ground

In an age of spreadsheets and internal rates of return, the billionaire developer’s common touch gave him an understanding for what business, or home buyers, wanted.

December 2023

Real estate 2024: get ready for the hard grind

Whatever happens to interest rates next year, finance costs are not returning to pandemic lows. That’s a big burden for investors, developers and contractors, as well as home buyers and owners in mortgage stress.

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September 2023

“Everyone is cranky” about the housing supply problems.

Finally, the focus is on housing supply

The Albanese team is the first federal government in decades to focus on housing supply and not on vote-winning, but ultimately self-defeating, demand-side stimulus.

Original URL: https://www.afr.com/topic/property-observed-6g5l