LATEST HEADLINES
QLD govt gives Brisbane CBD a renaissance
THE Queensland government is proposing to redevelop the broader government precinct in Brisbane's CBD following the recent success of its asset disposal strategy. ... Full story
The power is yours
VICTORIA's planning minister Matthew Guy is handing back responsibility for a number of key city sites such as the Supreme Court, Malthouse Theatre and the University of Melbourne back in the hands of a number of metropolitan councils. ... 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
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
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
Dubai Court sentences Australian developers to 10 years jail
THE Dubai Ruler's Court has sentenced Australians Matthew Joyce and Angus Reed to 10 years jail on fraud charges and acquitted Marcus Lee and Anthony Brearley. ... Full story
Three giants inducted to hall of fame
HIGH profile property identities John Gandel AO, Stan Perron AM and Sir John Pidgeon have been inducted into the Property Hall of Fame. ... Full story
Property industry wants to extinguish NSW fire levy
THE property industry is fighting a proposed fire and emergency services levy into the land valuation system in NSW, which is already implemented in Victoria. ... Full story
Court rules Lend Lease Vic ban unlawful
THE Victorian government will appeal a Federal Court decision which found the government's decision to ban Lend Lease from tendering for public projects was unlawful. ... Full story
Skycity buys Queenstown casino for 5m
SKYCITY Entertainment Group has purchased Otago Casinos Limited, which holds the licence for the Wharf Casino in Queenstown, New Zealand. ... Full story
ASIC bans SMSF property spruiker
THE Australian Securities and Investments Commission has banned Melbourne-based property investment and finance business Money Choice and its director Matthew George for failing to comply with credit laws. ... Full story
Budget overlooks property, imposes more hurdles
THE property industry has missed out on any direct assistance in the 2013-14 Federal Budget. Instead, a treasury proposal to reduce the thin cap thresholds for international lenders will make it harder to attract capital and increase borrowing costs for developers. ... Full story
ASIC drops case against former Westpoint directors
THE Australian Securities and Investments Commissions has dropped its court action against former Westpoint directors Norm Carey and Graeme Rundle midway through the trial. ... Full story
Monopoly not a good analogy to real estate
OPINION: MONOPOLY is a board game that allows you to...
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