Business News

A clutch of private investors operating as Goulburn Property Limited hopes to reap more than $100 million by selling a prized amalgamation of buildings, known as the Haymarket on George site. This article originally appeared on theaustralian.com.au/property.

They’re calling it Australia’s most valuable freestanding Woolworths supermarket, and they might be right.

The embattled Port Hinchinbrook Resort and Marina in North Queensland is set to be revitalised and transformed into a $450 million tourism drawcard under ambitious plans by its new owners.

The world’s largest ski operator, Vail Resorts, is working on a master plan for its newly acquired Perisher resort, which could add more accom­modation, snowmaking and ski lifts. This article originally appeared on theaustralian.com.au/property.

Mail Exchange building to become Melbourne’s largest co-working space, Chinese cosmetics giant sets up shop in Australia and who’s got a taste for almond milk? MORE DEALS.

Dozens of stores that were once home to failed electronics retailer Dick Smith are still searching for new tenants.

Vicinity Centres has added yet another Direct Factory Outlets shopping centre to its stable, paying $55 million for DFO Brisbane.

A new measure to crack down on foreign property owners skirting capital gains tax will ensnare Australians by forcing some homeowners to prove their residency or cop a 10% withholding tax when they sell. This article originally appeared on theaustralian.com.au/property.

Warren Ebert’s Sentinel Property Group has continued its expansion in regional Queensland, solidifying its presence in Mackay with the acquisition of another industrial property for $6.5 million.