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AMEX moved to a Collins Street office once owned by Bob Hawke. The boutique Elizabeth Street building with a ground floor shop beneath four levels of offices, for years part occupied as American Express’ local

The permitted 14 level hotel incorporates Melbourne House. Roxy Pacific has sold the historic Melbourne House, also the former Leo Cussen Centre for Law headquarters, after eight years. Melbourne House is one holding from Elizabeth

Five years ago, the types of neighbourhoods struggling to keep up with repayments looked very different.

A tribunal has ruled that the housing provider’s exit fees for some of its residents breached tenancy laws and in some cases were “harsh”.

https://www.afr.com/companies/financial-services/dexus-sues-amp-as-stoush-over-1-7b-macquarie-centre-widens-20250703-p5mc7i

Charter Hall recently sold a Taree Bunnings to a local council. Charter Hall is quietly selling a major Bunnings warehouse bought near-new in January, 2020. Charter Hall sold an Albion Park Bunnings last year. The

Policy changes as well as lower borrowing costs are driving a development upturn that is only just starting.

By 2030, a growing population will need much more retail space to cater for its shopping needs. Even allowing for online buying, we are running out of malls.

Foreign investors are funnelling capital into Australian commercial real estate, with falling interest rates also boosting deal volumes by 13 per cent.

IP-Living has swooped on a profitable aged care facility on 3.65 hectares on the Mornington Peninsula. Baptist Village Vaxter, with 105 independent living units, was offloaded by an entity of the same name, which will

The Thomastown seller paid $7.8 million in the heart of the COVID lockdown. Westbridge recently bought a Brisbane industrial investment to seed a fund. Westbridge Funds Management has swooped on an industrial investment in Melbourne’s

Somerset Poultry spreads 82.3 hectares. Corporate chicken grower ProTen has paid $11 million for a major Golden Plains facility. The Somerset Poultry in Murgheboluc – initially built just over a decade ago to accommodate 300,000

As Australia ages, there’s plenty of institutional money looking to play the long game in aged living. Aware Super-backed operator Keyton has big plans.

Falling borrowing costs and fewer homes coming to market have boosted the auction clearance rate across Australia’s three largest cities.

The ex-VPA building failed to sell after a public campaign in 2023. Centurion has swooped on an under-utilised Melbourne CBD office - the 1960s ex-Victorian Police Association headquarters - with…

The King Street building (right) is trading between Asia based investors. A small but prominent CBD property, on the corner of King Street and Flinders Lane, has traded between Asia based investors. A…

A 2020 scheme for the Fairfield site contained 344 dwellings. It is the end of a 104 year era in Melbourne industrial circles, with Cedar Woods snapping up the spectacularly located ex-Porta factory,…

Neighbouring shops at the top of town sold this month for a combined $9.1 million. The deal for 423-425 Elizabeth Street comes after another struck in mid-2021 with a different agency fell through.…

The proposed Jenera tenancy. Terre Property Partners has pre-committed major machine and fabricated component manufacturer Jenera to just over half its Kilsyth Connect Business Park. For Jenkins Bros…

The time it will take to retool a highly fragmented service industry to crack down on financial crime - and compliance costs - is an issue.

A fund manager, backed by the Lowy family, has bought its first major shopping mall. It’s also a return to the sector for Westfield co-founder Sir Frank Lowy.

The land lease operator’s initial share sale taps the need for affordable housing for downsizers and the demand of investors to buy into Australian housing.

The Salta/Zagame proposal at 475 Church Street, worth c$230 million. Salta has boosted its Melbourne development pipeline to the tune of $900 million, this month winning approval to build three…

Dexus refurbished 189 Flinders Lane five years ago. Dexus is believed to be shedding another modern office. PAG bought 367 Collins Street last year. The speculated $260 million deal for Melbourne’s…

Revo has leased over a quarter of the Brand Smart complex. IP Generation, in the process of being bought by MA Financial, refit and relet of a 2500 square metre piece of Nunawading’s Brand Smart

An investor has quietly purchased an office/warehouse built in place of seven small industrial units, in Melbourne’s Hoppers Crossing. The result for 25-27 Horne Street - $6.8 million – reflects a 5.1…

The state government has fast-tracked a controversial high rise in Greensborough. It doesn’t meet minimum standards.

Premium office space is scare, with just two city towers under construction.

Japanese investment in the Australian housing story is deepening, with the latest partnership aiming to supply a much-needed mid-market rental product.

The Victorian capital has recorded its seventh week in a row of its preliminary clearance rate holding above 70 per cent.

NextDC has won permission to replace Port Melbourne's Westgate Park print plant – which for decades until recently produced the Herald Sun – with a multi-level data centre with AI factory and centre…

BCL paid its landlord $177 million for 200 Queen Street last year. Barristers' Chambers Limited has sold Douglas Menzies Chambers ahead of a move to 200 Queen Street. Douglas Menzies Chambers was…

Jasbe has sold a recently constructed quick service retail investment with two small warehouses, in Melbourne’s south east. The group banked $11.78 million from a Sydney based investor for 548 Clayton…

Across the country, governments are trying to balance housing needs of a growing population with infrastructure investment. But Queensland also has the Olympics.

Bernardo and Caterina Monteleone have more than tripled their 2021 outlay for 905 Donnybrook Road. The Monteleones sold 915 Donnybrook Road (centre, not shaded) in 2021. The Monteleone family –…

The William Street shop spreads 114 square metres. Ubertas Group, owned by businessman and professional musician Albert Dadon, also the ex son-in-law of the late Marc and Eva Besen, has sold another…

Big super funds have long had positions in real estate including offshore, but the pressure to go global is increasing as they outgrow opportunities at home.

Unit price growth has outpaced that of houses in close to two-thirds of suburban markets, due in part to the changing preferences of younger buyers.

Even as states try to balance the needs of computing with other purposes, they see a big prize in hosting artificial intelligence-supporting infrastructure.

The Singaporean giant has brought on board two former investment bankers to steer its plans to turbocharge property business in Australia.

Despite growth in the number of residential homes and a slowdown in price growth, the value of Australian homes across all states climbed in the first three months of the year.

The real estate firm has bought out local commercial agency Burgess Rawson’s east coast business, and will tap into its network of high-net-worth investors.

The St Albans Park property could sell for over $7 million. Developer and property investor Dean Montgomery has listed the historic St Albans Stud after 15 years and a major renovation. Dean…

The 5870 square metre Jamieson Way facility will be extended. Dormakaba Australia will consolidate three business units - Ezi Roll Doors Australia, Danmar Garage Doors and Gilderol Garage Doors – to a…

Hyatt House will open July 1. The Hyatt House South Melbourne gym. Thirteen years after Chicago based Hyatt Hotels Corporation launched the Hyatt House brand – it is set to open in Australia – at

A week of underwhelming economic data has economists questioning whether the central bank is late in reducing interest rates.

The purchase of a regional Victorian retail centre comes as fund managers chase yield for their investors. But analysts say they need to know their market.

Also today we are reporting Fraser Brown is selling a swank new office. Footballer turned developer Fraser Brown has snapped up a major farm quickly being encroached upon by housing estates, in…

The Newtown holding sold for $32.5 million. Local developer Chris Hamilton has picked up another historic factory on the banks of the Barwon River in Newtown. The permitted proposal at 403 Pakington…

Also today we are reporting Fraser Brown bought a major housing estate site. Former Carlton footballer Fraser Brown, now the second generation leader of family business, Brown Property Group, has…