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Commercial Property Development News

Commercial property development news and market insights.

Developers put upgrades on the menu for Sydney’s Chinatown
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Developers put upgrades on the menu for Sydney’s Chinatown
One of Sydney’s oldest and most loved-precincts is set to be revived with several multimillion-dollar developments getting under way in Chinatown.
Builders hammered by skilled labour squeeze
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Builders hammered by skilled labour squeeze
A lack of skilled workers has contributed to pushing up build costs in the heated construction environment as two years of stalled ­migration starts to weigh heavily on the industry.
Don O’Rorke says the construction industry faces one of its most challenging periods
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Don O’Rorke says the construction industry faces one of its most challenging periods
Developers are taking on greater risk as the construction industry faces one of its most challenging periods, said veteran property player Don O’Rorke.
Lendlease plan for 52-storey Strathfield tower rejected
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Lendlease plan for 52-storey Strathfield tower rejected
Lendlease will put up for sale some of its non-core investments in Sydney’s inner west after the developer pulled the pin on a proposal to develop for a high-rise tower in Strathfield.
Brookfield take the wide view as real estate heats up
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Brookfield take the wide view as real estate heats up
Canadian asset manager Brookfield has plenty in store across its property empire including a renewed focus on housing-related plays.
Housing supply top of property industry election wishlist
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Housing supply top of property industry election wishlist
A national cabinet should be established to tackle the housing supply crisis head-on, the property industry says.
Record number of cranes across Australia amid construction boom
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Record number of cranes across Australia amid construction boom
A record 813 cranes were hoisted across Australian skies over the past six months signalling strong growth in the property industry.
RBA’s balanced approach could be housing market saviour: PropTrack
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RBA’s balanced approach could be housing market saviour: PropTrack
The housing market could avoid deep price falls if the Reserve Bank takes a balanced approach to interest rate rises as it strives to keep the economy firing.  
Lendlease chief Dale Connor to pursue development and fund management opportunities
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Lendlease chief Dale Connor to pursue development and fund management opportunities
Famed as a builder, Lendlease under chief Dale Connor wants to move faster and carve a new path in development and funds.
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