Yesterday
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.
This Month
Medico buys Packer’s $27.5m Sydney penthouse
Histopath founder Dr Chris Douglas has taken the keys to Francesca Packer-Barham’s luxury apartment within the Harry Seidler-designed Horizon tower.
Slash stamp duty to encourage retirees to downsize: ING
The bank’s local chief executive, Mel Evans, said shorter-term solutions to housing affordability were needed until more new properties hit the market.
Californian cannabis king lists $24m private Fijian island
There’s an opening in Fiji’s coveted private island market, with the listing of Vawa by American entrepreneur Barry Walker.
$13m Byron Bay estate sells (at a discount) to make suburb record
Wellness warriors James and Chrissy Duigan have sold their luxury Newrybar retreat, after slashing the price by about $7 million.
Melbourne private lender spruiks funds despite gating redemptions
Banner Asset Management was the largest lender to the glitzy Chevron One development on the Gold Coast, and stopped allowing withdrawals more than a year ago.
Buyer hands over $5.4m asking price to avoid renovation
Construction costs may be easing, but purchasers are still wary of getting stuck with huge bills and unpredictability. They’re willing to pay for certainty.
Seven women who just missed the cut in this year’s Rich List
The cut-off for this year’s Financial Review Rich Women List surged by 53 per cent, meaning many high-flyers fell just outside the top 75.
AirTrunk executives splurge on luxury property after $24b mega deal
Top management identities have been buying up Sydney trophy homes after the hugely successful data centre provider’s acquisition by Blackstone last year.
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?
‘It’s the Wild West’: Why ASIC is worried about private credit
Private credit firms are scrambling to manage problem loans, as the regulator sets its sights on lax governance.
February
Pallas nails down $185m construction warehouse facility with big bank
The Double Bay-based shop has just recorded its most active quarter, finalising $807 million in new loan settlements in the December quarter.
COVID ‘refugee’-turned-investor flips $5.3m home
An aspiring reality TV star who fled Victoria’s pandemic lockdowns has developed a profitable line of work in buying – and selling – Queensland homes.
Mornington mansion sells for $17m – but it’s not where you’d expect
An opulent Spanish-style mansion in Victoria has sold for a record price - but it’s not in Sorrento or Portsea.
Fund manager Charter Hall takes off as correction ends
Managing director David Harrison says fund managers thrive as corrections end, as large investors hand over funds to invest in a rising market.
Landlords baulk at passing on rate cut to tenants
Investors such as Stefan Belevski say rent increases in recent times have not covered rising loan repayments and other costs.
Major parties’ housing policies will trap young buyers in lemons
A glut of entry-level housing could deny first home buyers the sort capital gains that made their parents wealthy.
NSW fast-tracks 6500 homes with new authority
The state government backs its new housing authority’s recommendations for 11 big projects to go in the express lane for approval, bypassing council gridlock.
Former REA chief executive Greg Ellis to run Domain, for now
The Nine Entertainment-controlled real estate platform has been searching for a new boss since October. Appointing Mr Ellis will buy it more time.
Home loan demand rises as buyers ready for rate cut
Hopeful home buyers are preparing for lower interest rates as early as next week by arranging financing in larger numbers.