‘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
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
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
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
Star chef adds laneway to multimillion restaurant property empire
Restaurateur Chris Lucas is building up a tidy property portfolio to underpin his hospitality empire.
- by Nicole Lindsay
City retail bounces back with Japanese poop museum
A Japanese museum devoted to “cute poop” is among the multiple new shops and restaurants which have opened in the past year and cut the CBD retail vacancy rate by 44 per cent.
- by Nicole Lindsay
Chanel lands trophy store in $75m luxury deal
In a thumping vote of confidence in Melbourne’s CBD, luxury retailer Chanel has paid $75 million to buy its 10-year-old boutique on the corner of Russell Street and Flinders Lane.
- by Nicole Lindsay
Jacka Foundation sells historic Fitzroy digs
Not-for-profit landlord, the Jacka Foundation, is selling the historic Fitzroy factory where the Southern School of Natural Therapies has operated for nearly 30 years.
- by Nicole Lindsay
Opportunistic buyers are looking for shopping centre bargains
Offshore investors and smaller local funds are emerging as the most likely opportunistic buyers in the retail sector where centres are selling for less than it would cost to build them new.
- by Nicole Lindsay
Sydney developers head to Melbourne for BTR projects
Sydney build-to-rent developer Novus has unveiled plans for its new project near the soon-to-be finished ANZAC railway station in Melbourne, where cheaper land and speedier planning processes trump Sydney.
- by Nicole Lindsay
Developer Salta sells land, buildings to fund its build-to-rent dream
Property developer Salta is moving to liquidate some of its assets in a bid to fund its $3 billion build-to-rent development pipeline.
- by Nicole Lindsay