Commercial real estate
‘Investors are back’: Wary apartment developers crank up new projects
There are glimmers of hope in the development market after a savage few years.
- by Nicole Lindsay
Latest
Sublease space shrinks as big corporates put brake on handing back office space
Big corporates wanting to offload space are struggling to compete with landlords who are offering big incentives in rent deals.
- by Carolyn Cummins
Drug kingpin’s former Sydney Road arcade for sale
Cashed-up Aesop founder and Canberra developer are selling hipster Sydney Road shops once owned by career criminal Tony Mokbel.
- by Nicole Lindsay
Westfield owner beefs up security after Bondi Junction attack
Scentre Group has increased its security and is working with local police across its 42 Westfield shopping malls following the attack at its Bondi Junction centre.
- by Carolyn Cummins
Get a room: Why hotels are so hot right now
Investors, developers and management groups are lining up to join boom-time conditions in the hospitality industry.
- by Carolyn Cummins
Grunge icon Prince of Wales for sale at knock-down price
St Kilda’s once-grungy Prince of Wales Hotel is back on the market carrying a discounted price tag of $30 million.
- by Nicole Lindsay
Dixon calls last drinks at Blues Point pub
After a decade of pulling beers, businessman and former Qantas and Tourism Australia chair Geoff Dixon is calling last drinks as landlord of the 160-year-old Blues Point hotel, on Sydney’s lower north shore.
- by Carolyn Cummins
Westfield removes floral tributes as Bondi retailers hope for business as usual
Tenants at Westfield Bondi Junction are preparing for the next phase of recovery, as messages of condolence left after the shocking attack two weeks ago are collected for victims’ families.
- by Carolyn Cummins
Exclusive
Retail property
Vicinity ‘left exposed’ to security threats after senior management shake-up
One of Australia’s largest mall owners significantly downgraded its security management at 57 major shopping centres around the country in the month before the deadly Westfield Bondi Junction attack.
- by Simon Johanson
Sizeable slice of old Fitzroyalty up for grabs
The Fitzroy estate belonging to notorious slum landlord Frank Cassar has hit the market, 13 years after his death and a bitter family feud involving a fake will.
- by Nicole Lindsay
Posh makeovers for city premises as work and play come together
Older office and hotel buildings in Sydney and Melbourne are being turned into upmarket ‘club meets office meets hotel’ projects, sparking new life in strata markets.
- by Carolyn Cummins and Nicole Lindsay