Commercial Property Development News

Commercial property development news and market insights.

NSW Farmers in city sell-off
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NSW Farmers in city sell-off
Australia’s largest state farming organisation is selling two lower north shore office blocks with big prices expected.
Property developer GemLife bets on land lease model to solve housing crisis
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Property developer GemLife bets on land lease model to solve housing crisis
The IPO breaks the drought of major raisings in the property sector and shows that demand is strong for housing stocks.
Roberts Co unit wins Sir Stamford luxury revamp job in Sydney as administrators chase debts
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Roberts Co unit wins Sir Stamford luxury revamp job in Sydney as administrators chase debts
Sydney’s Sir Stamford Circular Quay faces wreckers as apartment boom takes hold. But its choice of partner is controversial as other units of the builder set up by tycoon Andrew Roberts still face demands from creditors.
Property developers in the spotlight as rate cuts boost confidence
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Property developers in the spotlight as rate cuts boost confidence
Investors are eyeing shares in publicly listed housing developers after a turbulent few years, as the recent interest rate cuts renew confidence in the sector. Property developers have struggled under the weight of high inflation …
Cbus sells off North Sydney site in $240m deal to ALAND
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Cbus sells off North Sydney site in $240m deal to ALAND
Cbus, Neil Werrett’s Galileo Group and Justin Brown’s Abadeen have abandoned long-held plans to develop a $700m tower near the Sydney Harbour Bridge, quietly unloading it to developer ALAND.
Roberts Co bondholders chase payment amid claims of misusing safe harbour provisions
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Roberts Co bondholders chase payment amid claims of misusing safe harbour provisions
The Roberts Co operation remains in limbo with major projects stalled but founder Andrew Roberts wants a clean exit via a deed of company arrangement that would see employees paid in full.
Ghost malls: The shopping centres time forgot
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Ghost malls: The shopping centres time forgot
In the swinging ’60s, Eastwood Shopping Centre was considered an epicentre of Australian fashion and cosmopolitan retail. Opened in 1964 as Westfield Eastwood with a price tag of £1 million, the glamorous mall was a …
Developer apt.Residential snaps up prime urban infill site at Ultimo for build-to-rent project
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Developer apt.Residential snaps up prime urban infill site at Ultimo for build-to-rent project
Property developer apt.Residential is looking to make a big splash with a build-to-rent project in inner Sydney.
Inside Melbourne’s $25m office glow-up that’s turning heads
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Inside Melbourne’s $25m office glow-up that’s turning heads
Mirvac has unveiled a $25 million makeover of one of its iconic Melbourne office buildings, breathing new life into one of the city’s most recognisable towers. The ASX-listed property group has transformed its 55 Collins …
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