Development site

Japanese development giant Seki­sui House is forging ahead with $3.7 billion of works in southeast Queensland, including its controversial Brisbane and Sunshine Coast developments. This article originally appeared on theaustralian.com.au/property.

An agent’s warnings about the derelict state of a former brothel in Richmond weren’t enough to deter buyers, with the property selling for more than $1.1 million at auction.

GPT Group has signalled its determination to get back into office development by swooping on a $30 million-plus site in Parramatta being sold by the Salvation Army. This article originally appeared on theaustralian.com.au/property.

Two-thirds of the $100 million-plus sales of development land in Sydney were made to offshore buyers or local developers with overseas backing, according to a new analysis by Charter Keck Cramer. This article originally appeared on theaustralian.com.au/property.

Developers are continuing to dominate the commercial property investment market, snapping up huge volumes of property as they ride the residential wave.

The Queensland government has given preliminary approval for a $750 million resort despite it being in protected koala habitat and proposed by a Chinese developer who made more than $60,000 in political donations to the local mayor. This article originally appeared on theaustralian.com.au/property.

A derelict former brothel in inner-city Melbourne could be one of 2017’s biggest bargains, if proposals to demolish the site are approved after it is sold next month.

The Gold Coast’s re-emergence as an international holiday hotspot has been given a major boost, with Hong Kong billionaire Tony Fung planning a $440 million six-star beachside hotel.

A consortium of property powerhouses including GPT, Brookfield and AMP has lodged a development application for a $1 billion high-rise office and retail precinct at Sydney’s Darling Harbour. This article originally appeared on theaustralian.com.au/property.