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Commercial Property Development News
Commercial property development news and market insights.
News
Property developers in the spotlight as rate cuts boost confidence
News
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.
News
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.
News
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 …
News
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.
News
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 …
News
Rose Bay homeowners hoping for $40m windfall from developers
Five homeowners — some with pools and one recently renovated — are cashing in their properties hoping for a big windfall from developers.
News
City development to take off with Sydney offer
The city tower market is getting a much-needed boost with the offer of a well-known block in the city core.
News
UAE group takes over critical NSW infrastructure
A massive Middle Eastern superpower has made a strategic takeover that will affect the delivery of Aussie housing, school and hospital projects.
News
Donald Trump’s newest tower boasts ‘world’s highest pool’
In Trump world, everything is often the biggest and the best and the US President’s latest side-project is no different.
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