Ben Wilmot

Ben WilmotCommercial Property Editor

Ben Wilmot has been The Australian’s commercial property editor since 2013. He was previously a property journalist with the Australian Financial Review.

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DevelopmentProperty

Deicorp has lodged plans for its proposed Kings Bay Village project in Sydney’s Five Dock.

Deicorp precinct to ride upon Metro boom

The project is the latest by the rapidly expanding developer as it takes on more sites in Sydney.

Ben Wilmot

ExclusiveCompanies

An aerial shot of Ayers Rock Resort with Uluru in the background. Picture; Voyages Tourism Australia

Bidder calls for Uluru tourist hub to stay in local hands

The battle for a long-term lease over the $380m Indigenous-owned accommodation hubs in the shadow of Uluru has prompted warnings against letting the iconic property fall into foreign hands.

Lisa Allen and Ben Wilmot

ListingsProperty

Concerns have been raised in federal parliament about security of Defence Department secrets held by Chinese-owned data centre Global Switch in Ultimo. Picture: Supplied

HMC snaps up data centres on way to $4bn float as AI takes off

The company has snaffled two major portfolios in Australia and has tied up more in the US on the way to the float of the year.

Ben Wilmot

PropertyProperty

SYDNEY, AUSTRALIA: NewsWire Photos: APRIL 02 2024: A general stock view of a for sale sign on a home in the North Shore of Sydney, as Australian house prices hit record high for fifth consecutive month, making it increasingly difficult for new home buyers to get into the property market with the added cost of inflation. Picture: NCA NewsWire/ Gaye Gerard

REA on track after spring season listings pick up

The residential property market is healthy thanks to strong employment, high immigration, tax cuts and likely lower interest rates which will provide a boost in 2025, REA Group says.

Ben Wilmot

RetailProperty

SYDNEY, AUSTRALIA - NewsWire Photos, October 29 2024. GENERIC. Inflation. Shopping. Retail. Economy. Cost of living crisis. Westfield sign above Pitt Street Mall. Picture: NewsWire / Max Mason-Hubers

Westfields ring up record sales as malls come back into vogue

Scentre boss Elliott Rusanow says the focus is on attracting more people to its 42 Westfield properties and that shopping centres have re-emerged from difficult economic conditions.

Ben Wilmot

ForecastsProperty

A beautiful young woman enjoying working at home on her laptop in cozy and bright apartment wearing yellow sweater and shopping online paying with credit card

Industrial boom on its way as online sales soar

Demand for logistics space is forecast to rise, while the stock of new sites in major cities is tipped to again struggle to keep up.

Ben Wilmot

IndustrialBusiness

Brookfield goes the last mile to expand logistics

The company has ambitions to double its portfolio with a focus on Sydney and Melboune.

Ben Wilmot

RetailProperty

Courier Mail, End of Financial Year Sales, shopping generic pics

Perron Group offloading shopping centres to expanding GPT

The private Perron Group is negotiating to sell stakes in two of its largest Perth shopping centres to the listed GPT in one of its largest property exits since the death of its founder.

Ben Wilmot

OfficesProperty

GPO Exchange office tower on Franklin St. Supplied by Charter Hall.

Charter Hall bets on capitals with $315m play

The property funds company has launched a $315m office partnership which will hold half interests in two Brisbane and Adelaide towers.

Ben Wilmot

DevelopmentProperty

The UNSW Health Translation Hub, the marquee development in the Randwick Health & Innovation Precinct, has topped out

Health hub sparks call for wider approach by unis

To maximise the commercialisation of research, unis should be open to working with the private sector on new styles of real estate, a top developer says.

Ben Wilmot

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