US capital returns as BGO seals Sydney tower deal
Global investment manager BGO has paid about $580m for a Sydney CBD office tower as it bets on the top end of the market.
Property
How drought made data centre a cooling pioneer
The harsh Australian environment has put Canberra data centre developer CDC on the map for its innovative approach to cooling while not breaching water restrictions.
Red tape hindering development of available land
Missing infrastructure, planning backlogs, environmental rules and land zoning are hurdles holding back housing supply that must be overcome to deliver the government’s ambitious targets.
$32m facility to support Asian trade boom
DHL’s regional head says Australia’s trade growth with Asia is fuelling confidence in new investments, despite uncertainty in the wake of Trump’s tariffs plan.
David Jones owner puts iconic city store on the market
The landmark David Jones building in Bourke Street, Melbourne is being sold by South African retailer Woolworths Holdings, ending its costly move into the department store chain.
West the best again with $6m auction sale
It was a case of swings and roundabouts for a Perth apartment which on the weekend gained the nation’s highest auction price, yet it was below that paid for the same property 17 years ago.
Here’s what $18 million gets you in Sydney
This four-bedroom home in Sydney’s historic Babworth House Estate is set among 5000sqm of landscaped grounds with harbour views. Asking price, $18 million.
Lendlease shareholders back Bunnings boss for turnaround
Lendlease is retreating back to Australia after billions of dollars’ worth of writedowns but shareholders have backed new chairman John Gillam to restore its fortunes.
Sign Aussie building battles ending
One of Australia’s largest property developers is flagging green shoots in the market which has struggled throughout 2024.
Rare waterfront cottage hits the market in holiday home locale
Surrounded by ‘Vanuatu-like’ sparkling waters on the NSW South Coast’s Minnamurra River, a fully renovated waterfront cottage has hit the market for the first time in more than three decades.
‘Passion project’ takes luxury ocean living to a new level
Pharmaceuticals heir Frank Binder is the driving force behind 320m uber-luxury megayacht Ulyssia, which can sail anywhere from up the Amazon to under Sydney Harbour Bridge.
50-storey tower to rise above City Tatts Club
The tower above Sydney’s City Tattersalls Club is closer to fruition with the $800m hotel and residential tower set to be completed within three years.
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.
Tackling the challenges of nation’s declining fertility rates
The latest data shows Australia’s fertility rate is continuing its steady decline. What does this mean for the country’s future workforce, economy, and society?
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.
Original URL: https://www.theaustralian.com.au/business/property