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.

Latest

PropertyProperty

16/2/22: Greg Goodman, Head of Goodman Group ahead of the release of the company's results. John Feder/The Australian.

Goodman hit by pay strike amid bet on data centre boom

The $70bn company run by billionaire Greg Goodman has been in the sights of proxy advisers.

Ben Wilmot

REITProperty

Investment trust recovery may spark an offshore push

Australian real estate investment trusts are on the cusp of a period of healthy results, propelled by the strong performance of industrial trusts meaning some could even go offshore again.

Ben Wilmot

DevelopmentProperty

GEON is seeking an investor to back stage one of the Albion Exchange project in Brisbane

Developers shake up build-to-rent holdings as sector fires

Fund managers and developers are either offering sites in key apartment hubs for sale, or seeking capital to back their ambitions.

Ben Wilmot

CommercialProperty

A woman walks dogs in front of Sydney's skyline on August 6, 2024, as the Reserve Bank of Australia (RBA) keeps interest rates on hold. (Photo by Saeed KHAN / AFP)

Office sublease space hits lowest level for three years

The tighter environment shows that companies have stopped slashing space.

Ben Wilmot

InvestmentProperty

AURA by Aqualand luxury project in North Sydney. Picture: Supplied

Aqualand taps into prestige market

The developer is looking for institutions and wealthy backers to back its latest wave of selected projects which includes three key sites on Sydney’s north shore.

Ben Wilmot

Executive payProperty

Goodman Group faces prospect of a first strike

The developer is switching from sheds to data centres but investors question whether executives, including billionaire founder Greg Goodman, are being sufficiently stretched.

Ben Wilmot

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

Original URL: https://www.theaustralian.com.au/author/ben-wilmot/page/6