February
Westfield owner’s next big play is apartment towers
Shopping mall giant Scentre wants to obtain as many rezoning approvals as possible at its shopping centres to allow for high-rise apartments.
Vicinity’s bet that bigger is better brings higher in-store spending
The listed mall landlord reported that the leasing spreads for its premium centres are 320 basis points higher than its portfolio average.
At least 50 basis point cut needed to boost housing demand: Stockland
The diversified developer says new home buyer appetite picked up before Tuesday’s rate cut, but further monetary policy easing is crucial.
Machiavelli’s Toppi family fight over doyenne’s will
With intrigue befitting the family restaurant’s name, Sydney restaurateur Paola Toppi is accusing her brother of mismanagement.
Lendlease counts on Baby Boomer demand for luxury apartments
CEO Tony Lombardo says the builder, developer and investor is looking firmly at downsizers, because interest rates don’t bother them.
Mirvac says middle ring housing demand is booming
The diversified developer, builder and landlord claimed a ‘solid’ result in a market that is still recovering.
‘Follow the Bunnings’: Top tips for SMSF property investors
Industrial and retail properties are paying rental yields of anywhere between 5 per cent and 8 per cent.
ISPT earmarks asset sales as it revamps $18b fund
Super fund investor ISPT chalked up heavy losses ahead of its merger with IFM Investors. It is moving to fix that, with an overhaul of its $18b flagship fund.
January
Investors offered 9pc yield after discount DJs store deal
South Africa’s Woolworths has sold the last asset standing after its costly foray into upmarket Australian retailing. It’s also an opportunity for investors.
Why this fund manager is ditching malls for private hospitals
RAM says private hospitals are good investments if you buy the right ones, and is selling malls and buying healthcare assets for its ASX-listed property fund.
Citi upgrades shopping centre operator Scentre in recovering market
The investment bank has also flagged Goodman, National Storage, Ingenia, Stockland and GPT as stocks in for a better year.
Top restaurant groups expand as diners feast on hot new venues
While many are doing it tough, some of the country’s top hospitality operators are expanding as people seek out novel culinary experiences.
Goodman, Scentre among REITs set to bounce higher in 2025
A lack of new supply is expected to put more pricing power in the hands of landlords, meaning stronger earnings growth in 2025, say global investment managers.
December 2024
Why Victoria will struggle to sell Mount Baw Baw alpine resort
More than one-third of the resort’s commercial sites are vacant and it doesn’t have enough power to use them all, business owners say.
November 2024
AUKUS subs project to drive $40b logistics, housing boom: report
The building and maintenance of nuclear submarines in Adelaide and Perth is expected to create demand for 1 million square metres of warehouse space and 24,500 homes.
The next three property shortages have already started
Charter Hall boss David Harrison says the supply shortages and lack of developer confidence we’re seeing in the housing market are playing out across the property sector.
Developers aren’t building apartments – and it’s getting worse
The mix of housing projects coming on stream in the next few years has changed. Apartment construction now looks weaker than even six months ago.
October 2024
CBRE chases Burgess Rawson as big auction delivers $66m bonanza
Global real estate giant CBRE is in hot pursuit of portfolio auction specialist Burgess Rawson, which showed its value via a blockbuster auction event.
From Coonabarabran to Wagga: Investors go bush for commercial property
There were 120 enquiries for a pharmacy in the Central West of NSW that sold before auction and 55 calls for a Bridgestone tyre shop in the Riverina.
Virtical’s Adelphi Hotel sold for discounted $19m
Collapsed pub and hotel developer and operator Virtical bought the boutique Melbourne hotel on Flinders Lane for $25 million in 2023.