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Novotel Sydney gets $20m facelift as hotel sector surges ahead

Novotel Sydney gets $20m facelift as hotel sector surges ahead

The transformation focuses on sustainability and creating less waste.

  • by Carolyn Cummins

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Mirvac, Dexus swing to losses on empty offices

Mirvac, Dexus swing to losses on empty offices

Falling office property valuations, bad weather and the effects of rising interest rates have become strong headwinds for the two major real estate investment groups.

  • by Carolyn Cummins
Big hits to office valuations are coming, but not as much as many expect

Big hits to office valuations are coming, but not as much as many expect

Listed A-REITs are now revaluing their prime office buildings after sitting on their hands for the past year, with a stalemate between buyers and sellers resulting in few guides as to their real value. 

  • by Carolyn Cummins and Stephen Miles
Stockland looks to logistics growth to offset residential weakness

Stockland looks to logistics growth to offset residential weakness

Stockland, the country’s biggest residential developer, has seen a dramatic drop in sales and a deferral in settlements due to bad weather, rising interest rates and a cautious consumer.

  • by Carolyn Cummins
Goodman looks vertically as land supply shrinks

Goodman looks vertically as land supply shrinks

Industrial property juggernaut Goodman has forecast strong rental growth rates across its global portfolio based on the increasing demand for space from e-commerce suppliers to data storage operators, amid near-zero supply.

  • by Carolyn Cummins

Original URL: https://www.theage.com.au/topic/real-estate-investment-trust-6fum