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Industrial property demand a shining light in COVID times
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Industrial property demand a shining light in COVID times
An industrial property-led resurgence has shielded the Australian commercial market from the worst of the COVID-19 recession, according to one of Australia’s leading economists. While some commercial property asset classes – in particular offices and …
Battle over Unibail-Rodamco-Westfield’s future comes to a head
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Battle over Unibail-Rodamco-Westfield’s future comes to a head
The fight for the future of French company Unibail-Rodamco-Westfield, which took over the international Westfield shopping centre empire in a $32bn deal almost three years ago, is coming to a head at a crucial vote this week.
Mission Beach properties to be sold from under embattled developer
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Mission Beach properties to be sold from under embattled developer
The embattled Mayfair 101’s plans to sell or rent out a swag of the properties it bought in Queensland’s Mission Beach have been put in doubt as the senior lender on the portfolio has begun putting them on the market itself.
Village Roadshow takeover edges closer as buyer locks in bid lift
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Village Roadshow takeover edges closer as buyer locks in bid lift
Private equity firm BGH Capital will pay part of a promised uplift in its takeover play for theme park and cinema operator Village Roadshow.
Andrew Forrest flags commercial property push after buying $55m Perth office
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Andrew Forrest flags commercial property push after buying $55m Perth office
Billionaire Andrew Forrest’s private Fiveight operation has snapped up a Perth office building for about $55m, flagging a push into commercial property at a time when many listed groups are selling down.
Gyngell, Cornell buy up more properties around Hotel Brunswick
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Gyngell, Cornell buy up more properties around Hotel Brunswick
Byron Bay hinterland based David Gyngell and his mate John “Strop” Cornell have continued to ­expand their Brunswick Heads property ­portfolio.
$400m Accor hotel-apartment towers coming to Burleigh Heads beachfront
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$400m Accor hotel-apartment towers coming to Burleigh Heads beachfront
The Mondrian hotel brand is coming to Australia and Burleigh Heads beach front has been chosen as the location for its first branded hotel-residence.
Entire Victorian gold rush-style town with 40 buildings on the market
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Entire Victorian gold rush-style town with 40 buildings on the market
It might look like a scene straight out of a Ned Kelly, wild west or horror film, but this abandoned old village is just half an hour out of Bendigo — and it’s up for sale.
Happy ending on hold for cinemas as lack of films hits hard
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Happy ending on hold for cinemas as lack of films hits hard
Australia’s cinemas could be waiting some time for their happy ending as they weather the ongoing impact of the coronavirus.
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