Better save for a rainy day
THE International Monetary Fund has urged Australian banks to save up more money in the event of a residential property market downturn and collapse in commercial real estate.
LATEST HEADLINES
Finbar off to a good start
PERTH based apartment developer Finbar Group has kicked off the new year by securing two new sites in the Springs Rivervale, located 5km east of the Perth CBD. ... Full story
COMMERCIAL PROPERTY
Big leasing deal drives Sth Melb
URBAN Auto Enterprises has taken up two buildings in South Melbourne in a 4,510 sqm deal negotiated by Lemon Baxter. ... Full story
SALES, TRANSACTIONS
Owner occupier swoops on Tullamarine facility
AN owner occupier has paid $1.2 million for a large stand alone office/warehouse property at Tullamarine in Melbourne's airport precinct. ... Full story
LISTED PROPERTY, REITS, UNLISTED FUNDS
CPA upbeat on FY12
COMMONWEALTH Property Office Fund has upgraded its distribution guidance for the FY2012, underpinned by a resilient portfolio. ... Full story
RESIDENTIAL PROPERTY
Melbourne vacancy rates keep rising
RESIDENTIAL vacancy rates have risen significantly in December, particularly in Melbourne where it is at a record high of 4.4%, according to SQM Research. ... Full story
AUSTRALIAN PROPERTY INSTITUTE
QLD flood prone suburbs worst affected
HOUSE prices in Queensland’s heavily flood affected suburbs will continue to be discounted in the short term. A new Australian Property Institute report found prices declined by more than 20% ... Full story
RESEARCH
Foreign developers swoop on apartments
FOREIGN developers have made a big return to Australia’s residential apartment market, snapping up 32% of stock -- the highest level since the building boom of the late 1980s, according ... Full story
PROPERTY SPECTATOR
Queensland market – better times ahead
OPINION: THERE’S no doubt that the Queensland housing market has been in the doldrums for some time now. And according to some sources, we’re there to stay. ... Full story
AND FINALLY
CBRE bolsters NSW residential team
CBRE has appointed Matthew Ramsay to its residential development marketing team in New South Wales. ... Full story
Video
IN an initiative to entice school leavers into the world of property, the Australian Property Institute (Vic) has released a ...
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