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Commercial property development news and market insights.

Suitors circle Terang nursing home site for new projects
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Suitors circle Terang nursing home site for new projects
Potential buyers of a former nursing home are mulling new business ideas for the south west Victorian property.
Developers call for city revival as offices come under pressure
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Developers call for city revival as offices come under pressure
Top property groups believe that the best office buildings will recover from the present downturn despite battling the shift to working from home and higher interest rates.
GeelongPort offers strategic hub next to Spirit of Tasmania terminal
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GeelongPort offers strategic hub next to Spirit of Tasmania terminal
Geelong’s port operator offers lease on a 38ha strategic site next to Spirit of Tasmania ferry terminal for purpose-built transport hub.
Building up: Portfolio deals on units getting done as rents soar
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Building up: Portfolio deals on units getting done as rents soar
The built-to-rent sector is seeing signs of consolidation as big platforms are in play.
Bondi homeowners hit the jackpot selling properties for $50m+ to unit developer Central Element
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Bondi homeowners hit the jackpot selling properties for $50m+ to unit developer Central Element
A group of Bondi homeowners have hit the jackpot, selling their properties — one who paid 11,500 pounds nearly 60 years ago — for more than $50m to a property developer in a hushed-up deal.
New milestone for huge industrial development at Corio
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New milestone for huge industrial development at Corio
Construction has commenced on a new Corio industrial park after strong local interest saw 70 per cent of the first stage selling in three months.
Lindeman Island owner makes $110m Sydney CBD swoop amid hotel boom
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Lindeman Island owner makes $110m Sydney CBD swoop amid hotel boom
The Singapore-based new owner of Lindeman Island is also planning to build a luxury hotel in Sydney’s CBD as it expands its local presence.
Belmonde Property Group and Sun Luxe Group lodge DA for its four tower $1.5bn Gabba Heart Precinct
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Belmonde Property Group and Sun Luxe Group lodge DA for its four tower $1.5bn Gabba Heart Precinct
Developers are dreaming big, with billions of dollars worth of apartment towers, retail and entertainment projects planned for the Olympic precinct.
Hard times for builders but recovery on horizon as rates steady
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Hard times for builders but recovery on horizon as rates steady
Home sales have been slugged over the last year, but demand remains strong and once buyers can get finance, purchases of new homes are expected to pick up.
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