Construction rally: Big builder records first profit in three years
One of Australia’s biggest commercial builders has recorded an eight-figure profit after two consecutive losses as it eyes an order book of $3.5bn in 2026.
Prime Site
From courthouse to restaurant: $4m sale seals mouthwatering future
One of Brisbane’s original courthouses which dates back more than 170 years has a new owner who plans to restore the building to its former glory as a restaurant and wedding venue.
Construction costs are easing – just not in Brisbane
The cost of building is slowly easing across most of Australia – but one capital city is facing bone-rattling inflation that puts big projects at risk.
$300m extreme makeover for tired tower
A global real estate giant which paid $56m for a 51-year-old Brisbane building says it will have a $300m state-of- the-art tower once it’s done with an extensive refurbishment. SEE THE NEW PICTURES
More Stories
Raptis rectifies ‘historical’ listing breach as it seeks $1.7m cash
It’s been an eventful week for the ASX-listed Raptis Group, which was suspended from trading after revealing a “historical inadvertent breach” of four listing rules. It came as the group sought support for a $1.7m purchase.
Heritage-listed shopping centre on the market
A landmark retail, entertainment and office precinct is up for sale, with some saying it could achieve a nine-figure sum.
Top 6 islands for sale: Tropical paradises on the market right now
Fancy a lush tropical island off the Queensland coast? Here are six of the best up for sale right now, and how much you’ll need to make it yours.
Workers’ three-day weeks fuel construction cost blowouts
Two cities have earned the unenviable title of most expensive to build in, with wildly unproductive construction workers aggravating the problem.
$194m deal: Goodman set to buy Brisbane industrial island
ASX-listed property developer Goodman Group has signed off on a conditional contract to buy a 58ha island site on the Brisbane River.
`Captain’s calls needed’: builder questions 2032 tender process
The co-founder of one of Australia’s biggest construction companies has said the government may have to scrap the usual tendering process to get multi-billion dollar infrastructure needed for the 2032 Brisbane Olympics over the line.
Malaysian billionaire offloads upscale Coast shopping centre
A Malaysian-backed investment company has sold an award-winning Gold Coast shopping centre for a $20m profit after just three years of ownership.
Hinterland property used for retreat set to fetch $9m+
A stunning block of land leased by the operators of a mental health retreat in the Sunshine Coast hinterland was sold just two years ago for less than half the current asking price.
Original URL: https://www.couriermail.com.au/business/prime-site/page/2