Commercial Property Development News

The IPO breaks the drought of major raisings in the property sector and shows that demand is strong for housing stocks.

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.

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, 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.

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.

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 …

Property developer apt.Residential is looking to make a big splash with a build-to-rent project in inner Sydney.

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 …

Five homeowners — some with pools and one recently renovated — are cashing in their properties hoping for a big windfall from developers.