Commercial Property Development News

Commercial property development news and market insights.

Lendlease flags plans to grow $10bn funds amid super fund dissent
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Lendlease flags plans to grow $10bn funds amid super fund dissent
The investment manager is standing behind three large funds which control $10bn worth of assets, even as they come under threat from rival Mirvac.
Mirvac strikes deal with Japan’s Mitsubishi for $2.3bn Harbourside
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Mirvac strikes deal with Japan’s Mitsubishi for $2.3bn Harbourside
The Japanese heavyweight is making waves in Australian development, pouring $17bn into local projects.
New retail village in Hills District opens ahead of planned estate
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New retail village in Hills District opens ahead of planned estate
A new shopping precinct has opened its doors in Sydney’s Hills District ahead of a planned housing community for 20,000 residents.
Lendlease gets the nod to keep $2.8bn retail fund from independents
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Lendlease gets the nod to keep $2.8bn retail fund from independents
Independent directors have backed Lendlease to keep managing its $2.8bn retail property fund, dealing a blow to rival Mirvac’s ambitions.
McDonald’s scraps plans for controversial Sydney restaurant
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McDonald’s scraps plans for controversial Sydney restaurant
McDonald’s has quietly walked away from a multimillion-dollar expansion plan after community revolt.
TCA showing class with $390m Melbourne swoop
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TCA showing class with $390m Melbourne swoop
Singapore fund manager TrustCapital Advisors is eyeing Melbourne’s $390m Monash College complex as GPT’s flagship office trust moves to reduce debt.
Zurich fires apartment scheme as North Sydney takes off
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Zurich fires apartment scheme as North Sydney takes off
Zurich is looking to deliver a high-density housing project above North Sydney Railway Station
Stockland dumps offices for apartment towers as residential boom looms
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Stockland dumps offices for apartment towers as residential boom looms
Developer Stockland’s bid to fast-track North Sydney’s tallest tower into luxury apartments has been rejected, but the company refuses to abandon its vision.
Stockland flags home sale surge and shift into data centres
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Stockland flags home sale surge and shift into data centres
The property major will develop more housing and make a push into data centres as it looks to set itself up for the next property boom.
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