Business News

Scentre Group has splashed out $600 million to lift its stake in a $6.6 billion slab of four shopping centres, sparking renewed interest in the retail property heavyweight undertaking an equity raising. This article originally appeared on theaustralian.com.au/property.

Float candidate Propertylink has elevated chief operating officer Stuart Dawes to chief executive, with business founder Stephen Day shifting to become vice-chairman of the group. This article originally appeared on theaustralian.com.au/property.

Sydney’s new CBD and South East Light Rail network is set to deliver a shot in the arm for commercial property in the city’s south, agents say.

Britain has voted to leave the European Union in a shock referendum result that will see the UK break from the continent. So how will that affect our own property market?

Westfield Corporation co-chief executive Peter Lowy says the company has dramatically transformed since the global financial crisis. This article originally appeared on theaustralian.com.au/property.

Chinese developer Greenland will choose a new builder for its $700 million Greenland Centre apartment project in Sydney after parting ways with Brookfield Multiplex. This article originally appeared on theaustralian.com.au/property.

Institutional investors are tightening their grip on Australia’s childcare centre market, driving yields down and potentially forcing private operators out, according to a report.

The heavyweight Scentre Group is chasing a deal to acquire Sydney’s landmark David Jones menswear store in a $350 million-plus play. This article originally appeared on theaustralian.com.au/property.

A wave of industrial property deals worth more than $1.3 billion is set to be completed over the next month with Charter Hall Group and Ascot Capital emerging as the contenders to buy a $300 million portfolio of assets. This article originally appeared on theaustralian.com.au/property.