Mixed use

Lawyers are circling Dexus’s new office tower in the heart of Melbourne’s central business district, with leading law firm Ashurst the latest to sign a deal to make the move to the developer’s premium project.

The mixed-use precinct around Sydney Central Station is taking shape with private developer Toga looking to undertake a major hotel and office development on the site of The Adina Hotel Sydney Central.

Boutique property manager Centennial Property has swooped on the former City Ford site in the inner Sydney suburb of Woolloomooloo in a $104 million deal that gives it control of a prime mixed-use building.

‘Mini Melbournes’ in outer suburbs, more climate-friendly development, and residential blocks above shopping centres have been forecast for 2020 and beyond. Mike Day, co-founder and director of RobertsDay, the urban planning and design consultancy behind …

They’re the trio of 40-something schoolmates from Melbourne’s northwest trying to pull off a first in Australian sports business: a privately owned $180 million stadium surrounded and funded by more than 40ha of residential and commercial property.

The shock rejection of The Star casino’s plans for a hotel and luxury apartment tower in harbourside Pyrmont has rocked the development industry and may damage Sydney’s standing as investment destination.

Singapore-based SC Capital is advancing plans to pre-sell its planned $700 million mixed-use hotel and office tower in the heart of Sydney, with the project going into exclusive due diligence.

Chinese property developer Poly Global is circling a new site in the Sydney CBD with the company in pole position to buy a Goulburn Street office tower for about $260 million.

The site of Sydney’s first kosher butcher’s shop — set up by Holocaust survivors — is set for auction with $10 million price expectations.