Staff Writer

Breakfast Creek Road

Breakfast Creek Road Awaits Building Approval As Joint Venture Snatches Last Precinct Site

It was the last remaining office development site within the established ‘Gasworks’ precinct, however, 11 Breakfast Creek Road is now well and truly off the market and currently awaiting approval for a new development. An application was recently submitted under a joint venture between Charter Hall Prime Office Fund (CPOF) and John Holland to create […]

melbourne industrial

Melbourne Leads Nation With Record Industrial & Logistics Sales Turnover

Victoria’s industrial & logistics sector recorded its strongest year of sales on record in 2016, with $1.92 billion in assets changing hands – representing a 15% increase from 2015. CBRE’s Industrial and Logistics, Q4 2016, MarketView report shows $394 million in property transactions during the last three months of 2016 helped propel the market to […]

Tesla

Tesla To Begin Rolling Out Solar Roofing

Elon Musk’s vision for a solar powered sustainable future is set to become a reality from 2017, as Tesla announced that its SolarCity solar panel factory in Buffalo is expected to begin production of the solar roofing tiles soon so that the flagship products can hit the market by the end of the year. The development followed Tesla’s unveiling […]

One Queensbridge

One Queensbridge Approval Shakes Global Investor Tree

Knight Frank’s research shows a growing global population of ultra-high net worth investors. Knight Frank Director of Residential Research Michelle Ciesielski said there are now 187,468 ultra-high net worth investors globally, marking a 61% rise from a global ultra-high net worth investor population of 116,800 in 2005. “By 2025, the global population of ultra-high net […]

Lendlease

Lendlease Delivers Double Digit Earnings Growth

Lendlease made a 12 per cent jump in profits in their recently released half year results, revealing that the company now sits on a nest egg of approximately $394.8 million before tax. Key results Return on equity of 13.7 per cent, upper end of the 10 – 14 per cent target range Interim unfranked distribution […]

Bathurst Supa Centre

Supa Sale Shows Big Demand For Large Format Retail Sector

Continued growth in Australia’s large format retail sector has underpinned the sale of the Bathurst Supa Centre in New South Wales for $14.67 million. Located at 230 – 240 Sydney Road in Kelso, the Bathurst Supa Centre is one of the main large format retail complexes in New South Wales’ Central Tablelands region. With 100% […]

development sales margin

Stunning Margin Between Brisbane’s First And Second Top Residential Developments

Brisbane’s top performing residential project in the three months to December 2016 recorded a jaw dropping 46 more sales than the next best-selling project, research has revealed. A total of 315 unconditional apartment transactions was recorded in Inner Brisbane for the final quarter of 2016, a substantial decline from the same period 12 months earlier which […]

Property Agencies Want Business-Savvy Uni Graduates

University degrees aren’t required for a successful career in property, but agencies are increasingly seeking out real estate-qualified graduates to fill sales roles due to their specialist business and leadership skills in the highly competitive industry. And it makes sense, given that most real estate agencies offer a package of training, mentorship and ongoing sales ‘programs’ as […]

Vacancies

The Year Of The Landlord: Vacancies And Incentives Continue To Fall

Falling vacancies and lower incentives are promising a windfall for landlords across the country, according to the latest CBD Office research. Colliers International’s CBD Office H1 research and forecast report projects that positive net-effective rent conditions from net face growth will continue to drive tenant demand throughout 2017, and an increase in investment volume is expected […]

virtual reality

Virtual Reality Tool Helps Architects Create Dementia-Friendly Spaces

A virtual reality device has been launched that will help architects and designers create dementia-friendly buildings and spaces by mimicking the visual impairments experienced by dementia patients. The invention is a market first for architectural design and will be known as Virtual Reality Empathy Platform (VR-EP). It stems from the knowledge that people with dementia can see […]