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$1.6bn Dunk Island tourism development plans under threat
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$1.6bn Dunk Island tourism development plans under threat
The future of investment house Mayfair 101’s plans to transform Dunk Island and nearby Mission Beach into a $1.6bn tourism mecca hangs in the balance after assets controlled by a separate fund it manages fell into the hands of receivers.
Newtown development site drops $1m after second sale in 11 months
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Newtown development site drops $1m after second sale in 11 months
A Geelong businessman has scored on a Newtown development site, paying nearly $1 million less than the previous owner did in July, 2019, after a receivers auction at the weekend.
Developers offer $85m for entire Potts Point apartment block
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Developers offer $85m for entire Potts Point apartment block
Amid the coronavirus lockdown, some apartment developers have an exploratory eye on the future.
Industrial in a class of its own amongst most-viewed listings
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Industrial in a class of its own amongst most-viewed listings
Industrial is the word on commercial property seekers’ lips , with the asset class dominating Realcommercial’s most-viewed listings. So strong has the lift been in investor and tenant interest in industrial properties that 30 of …
Target closures set to hit major landlords
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Target closures set to hit major landlords
Listed real estate companies have avoided the worst of Wesfarmers’ move to close or convert about half of the Target network but face the risk of more shutdowns in August, when the chain reveals its final plans.
REA Insights Weekly Commercial Search Report – May 25
Market Insights
REA Insights Weekly Commercial Search Report – May 25
Weekly search volumes for commercial properties both for sale and lease are up once again. For the eighth consecutive week, search volumes for properties for sale on realcommercial.com.au have increased, with the 5.3 per cent …
Marist Brothers waterfront estate may have broken Drummoyne record
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Marist Brothers waterfront estate may have broken Drummoyne record
The Marist Brothers have claimed one of the highest sales ever in Sydney’s inner west after selling a historic waterfront estate.
VIC Top 5: Chance to buy renowned South Melbourne watering hole
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VIC Top 5: Chance to buy renowned South Melbourne watering hole
A popular and historic South Melbourne pub is on the market as Melburnians count down the minutes until they can head out for a beer. Leased last year after a major makeover, the 150-year-old Wayside …
Target to close 167 stores across Australia
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Target to close 167 stores across Australia
The futures of dozens of Target stores are up in the air after parent company Wesfarmers announced it was shutting up to 167 stores over the next year.
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