This Month
TikTok video sells $523,000 unit, avoiding fees for official listing
A social media walk-through gave potential buyers a real feel for this apartment, without the gloss – or cost to vendor – of advertising on a property portal.
- Michael Bleby
October
News Corp chief says higher Rightmove bid would have been ‘foolhardy’
The Murdoch family-controlled giant owns 61 per cent of REA, which had lobbed a $12 billion takeover bid for its British rival. But the offer was rebuffed.
- Hans van Leeuwen
September
Will the Rightmove ‘fortress’ fall to REA’s siege?
Rightmove so dominates the UK market that its own CEO calls it ‘unassailable’. REA is hoping to seize the keys to the castle, but without tarnishing the prize.
- Hans van Leeuwen
This Trade Me-backed non-bank lender wants to consolidate the market
Real Flow Finance has tapped boutique advisory firm Ad Astra to help it find a capital partner.
- Sarah Thompson, Kanika Sood and Emma Rapaport
August
- Exclusive
- Construction
The banker and the builders want subcontractors to get Paid
Former Bendigo Bank boss Mike Hirst has invested in an app that could protect subcontractors – and shake up the lucrative market for building contracts.
- Michael Bleby
June
Proptech Archistar rules off raise; NAB, Skip, PEXA top up
Archistar has now raised $40 million since it was founded in 2018.
- Sarah Thompson, Kanika Sood and Emma Rapaport
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.
- Michael Bleby, James Eyers and Lucas Baird
April
The one tip PEXA’s boss got about property investing
The former Geelong schoolboy says flexibility is crucial as he insulates the monopoly digital property exchange from the threat of greater competition.
- Michael Bleby
January
Nicholas Moore-chaired start-up Willow back in front of investors
The company did not respond to our query about whether the raise was undertaken at a lower valuation.
- Sarah Thompson, Kanika Sood and Emma Rapaport
November 2023
- Exclusive
- Renting
CBA takes on Macquarie in $49b rental payments market
Falling home ownership is boosting the demand for rental properties – and that’s creating opportunity for services to support the rental sector.
- Michael Bleby
REITs M&A set to pop off in 2024: Corrs predictions
The firm also has its viewfinder pointed at the resource and energy sectors – the most active for M&A over the past 12 months.
- Sarah Thompson, Kanika Sood and Emma Rapaport
October 2023
Patrick Grove-backed proptech seeks equity injection
Street Talk understands commercial property marketplace Sidespace is seeking a $2.5 million cash boost from new and existing investors.
- Sarah Thompson, Kanika Sood and Emma Rapaport
September 2023
Charter Hall halves the retail leasing pain
The ASX-listed landlord and developer identified 93 steps across 11 different systems to manage a retail lease. AI and automation changed that.
- Michael Bleby
The new way to unlock ‘hundreds of millions’ for affordable housing
The first national platform for affordable housing would also show for the first time where around the country all the homes were located.
- Michael Bleby
July 2023
- Exclusive
- Commercial real estate
Why Facebook’s co-founder has put $6m into this Aussie start-up
Australian proptech Inspace has banked $6 million from Facebook co-founder Eduardo Saverin’s B Capital Group and Australian VC firm Our Innovation Fund.
- Campbell Kwan
June 2023
Plan A not an option? Lendlease tackles Plan B with renewable diesel
Innovation doesn’t necessarily mean doing something no one has ever done before. It’s about doing something new in your local context.
- Michael Bleby
May 2023
Equiem acquires SpaceOS platform for flexible working
As use of office space changes since the pandemic, the Australian software company has acquired a business with strength in a growing area.
- Michael Bleby
February 2023
PEXA seeks to diversify revenue amid ‘challenging’ housing market
The platform dominates the Australian residential market, but the current downturn shows that concentration needs to be balanced out by other activities.
- Michael Bleby
January 2023
Funding for profitless proptechs has ‘dried up’: entrepreneur
Fresh from securing a merger with a major property maintenance rival. Bricks + Agent co-founder Jon Stul says funding for proptech start-ups has dried up.
- Larry Schlesinger
December 2022
Nicholas Moore-chaired proptech Willow fires 99 workers to curb costs
Property and infrastructure software start-up Willow, which is backed by ex Macquarie Group boss Nicholas Moore, has laid off 22 per cent of it full-time staff and contractors amid the technology sector’s valuation woes.
- Kanika Sood