Incentives crucial for residential property market
THE federal and state governments needs to maintain incentives for home buyers to prop up the residential property market, according to the respondents to the 30th API Australian Property Directions Survey.... Full story
What should I buy?
OPINION: ONE of the more common investment questions that I get asked is, “What’s hot?”...
Interest rates still falling, more to go
OPINION: The RBA has cut interest rates again and they are likely headed even lower,...
Taking the Sting out of the Tail at Lease Expiry
DISRUPTION, potential unplanned costs and conflict at the end of a lease due to make...
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Abacus in Clayton sale leaseback deal
DR Frank Wolf's Abacus Property Group has bought an industrial property at Clayton in Melbourne's south-east for $19.55 million.... Full story
Developer buys Glen Waverley industrial
A PRIVATE developer has paid $2.65 million for two adjoining industrial and commercial properties at Glen Waverley in Melbourne’s south-east, prior to auction through Savills Australia.... Full story
Brisbane gets new 5-star hotel
SHAYHER Group, backed by Taiwanese conglomerate Par Jar Group, has unveiled a new 5-star hotel development in Brisbane's CBD.... Full story
Vic planning minister referred to anti-corruption watchdog
VICTORIA's ombudsman has reportedly referred the state planning minister Matthew Guy to the anti-corruption watchdog.... Full story
INA buys NSW retirement village
INGENIA Communities Group (ASX: INA) has paid $3.7 million for the SunnyCove Wagga Wagga retirement village in NSW.... Full story
Future Fund makes 100m pounds profit
THE Future Fund has offloaded its stake in Birmingham’s Bullring shopping centre to Hammerson and the Canada Pension Plan Investment Board for £307 million after buying it for £210 million in 2009.... Full story
BlackRock creates global powerhouse
BLACKROCK has bought private equity real estate advisor MGPA in Asia Pacific and Europe, to create a $US25 billion RE investment management business.... Full story
Stockland taps institutions for 400m
STOCKLAND has hired UBS to help raise $400 million through the issue of 103 million new securities at $3.88 per security.... Full story
Aylward takes lead role at APN
APN Property Group has appointed Christopher Aylward as the new CEO following the departure of David Blight.... Full story
Buy and fly, sky is the limit for freebies
DODO founder and property developer Larry Kestelman has teamed up with Qantas to offer as much as 649,000 frequent flyer points to home buyers in Melbourne.... Full story
Servcop lowers profit expectations
SERVICED offices provider Servcorp has downgraded its net profit before tax forecast, to exceed $27 million for the full 2013 financial year down from the previous guidance of $33 million.... Full story
AACo sells QLD grazing land
THE Australian Agricultural Company Limited has sold the subdivisions of its Goonoo aggregation including Adelong in Central Queensland for $23 million.... Full story
Canberra’s Lawley house fetches $31.75m
LAWLEY House in Barton, Canberra has been sold for $31.75...
St Kilda shop sold for 3m
A PRIME retail freehold at Acland St, St Kilda has...
Monopoly not a good analogy to real estate
OPINION: MONOPOLY is a board game that allows you to...
Incentives crucial for residential property market
THE federal and state governments needs to maintain incentives for...
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