LATEST HEADLINES
Build and they will buy
LASALLE Investment Management's strategy of developing core assets to sell has paid off with the sale of Twenty Anson to CapitaCommercial Trust ...
Bumper first half for Watpac
CONSTRUCTION, civil and mining contracting group Watpac has delivered an after-tax profit for the half year to 31 December 2011 of $4.9 ...
Knight Frank revs up recruitment engine
KNIGHT Frank has strengthened its Brisbane office leasing team by appointing four senior executives, as the agency embarks on a recruitment drive to double its size over the next five years. ... Full story
Mega city vision for Melbourne CBD
VICTORIA's Ballieu government has unveiled a bold vision to expand the Melbourne CBD district, to create a high density metropolis similar to New York City. ... Full story
Gym addicts give Ardent Leisure healthy boost
AUSTRALIANS growing obsession of staying fit is boosting property owner and operators like Ardent Leisure, which has posted a solid first half year earnings of $27.3 million up 1.6% from last year, underpinned by the Goodlife Health Clubs business which offset lower earnings in the theme park, marina, bowling divisions. ... Full story
Mirvac rejigs development business
MIRVAC has made a reorganised its development division from state-based head offices into one national product. ... Full story
David Devine set sights on South Australia
DAVID Devine has set his sights on South Australia, by poaching Devine Limited's state executive team to open a new office. ... Full story
BIS Shrapnel appoints new associate director
INDUSTRY analyst and forecasters BIS Shrapnel has appointed former Colonial Bank chief economist and Reserve Bank economist Dr Kim Hawtrey as associate director. ... Full story
Plans to expand South Bank
QUEENSLAND Premier Anna Bligh has revealed plans to expand Brisbane's South Bank precinct from 42 ha to 69 ha. ... Full story
Old Sydney building firm closes down
ONE of Australia's oldest building companies Kell and Rigby has entered into voluntary administrator. ... Full story
Leighton & Carlyle buy a piece of Mosaic
US private equity firm the Carlyle Group has entered Australia by teaming with Leighton Properties to buy the Mosaic development site in Brisbane. ... Full story
Hutchinson Builders secures $51.7m contract
CONSTRUCTION company Hutchinson Builders has won a $51.7 million contract from Australia Pacific LNG to supply 700 modular accommodation units at the Condabri and Reedy Creek gas fields near Miles and Wallumbilla. ... Full story
CBRE posts solid profit result
CBRE Group has posted a full year revenue of $US5.9 billion, up 15% compared with $5.1 billion for 2010. ... Full story
NZ to benefit from Earthquake reconstruction
NEW Zealand's building sector will rebound from its lowest level in 10 years, on the back of the Earthquake reconstruction, according to BIS Shrapnel. ... Full story
One more rate cut on the horizon
THE Reserve Bank has left interest rates unchanged following its board meeting yesterday, however economists believe there is one more interest rate cut on the cards. ... Full story








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