Latest
‘Tapped out’ property investors use super when banks say no
A growing number of property investors who have “tapped out” their personal borrowing capacity are using their self-managed super funds to borrow more, advisers say.
- Nila Sweeney
My strange journey into the doomsday bunkers of the super-rich
The first season of Amazon’s ‘Fallout’ has captured the reality of some of the places that I had actually visited in “meatspace”.
- Bradley Garrett
Tenants race for top towers as B-grade buildings empty
The divide between prime buildings and secondary ones is most stark in Sydney. B-grade buildings will get left behind by tenants and lenders, experts say.
- Nick Lenaghan
Hidden billions in Tokyo real estate lure activist hedge funds
There’s a $222 billion gap between how companies value their real estate on their books, versus what those same properties would fetch in the current market.
- Lisa Du and Yasutaka Tamura
He bought his first home at 19 – now he’s up to a $1m Guildford house
Edward, a 27-year-old bank analyst is passionate about property investment. He has just bought a home in Guilford for $1 million.
- Campbell Kwan
Data centre builders fight infrastructure for heavy cranes
Demand for the heaviest type of crane has pushed up costs at twice the rate of ordinary commercial cranes. And there aren’t enough of them.
- Michael Bleby
How it Sold
Welcome to Sydney, where a garage can set you back $500,000
The buyer of this neighbourhood space doesn’t have an electric vehicle. But enough people already do to make it an asset worth having.
- Michael Bleby
Showdown in the bar as ‘insane’ auction for luxury $4.8m home drags on
In a sellers’ market, the buyer of a newly built waterfront property had to meet a price the selling developer wanted – but she made him work for it.
- Michael Bleby
Luxury Property
David Droga plans new home for Tamarama headland site
The owners and designer Luigi Rosselli aim to create a house on the landmark Sydney site that better reflects its location and the environment.
- Michael Bleby
Singapore’s $192,000-a-month retreats are latest luxury for new mums
High-end post-birth care centres are booming, especially in Singapore where the super-rich from mainland China have been flocking.
- Yoojung Lee and David Ramli
This Month
David Droga plans new home for Tamarama headland site
The owners and designer Luigi Rosselli aim to create a house on the landmark Sydney site that better reflects its location and the environment.
- Michael Bleby
Singapore’s $192,000-a-month retreats are latest luxury for new mums
High-end post-birth care centres are booming, especially in Singapore where the super-rich from mainland China have been flocking.
- Yoojung Lee and David Ramli
Developers slam Mornington Peninsula Shire social housing tax
A 3.3 per cent levy on new developments would reduce investment in housing on the Mornington Peninsula, says Rich Lister Sam Tarascio and other developers.
- Larry Schlesinger
- Exclusive
- Construction
Construction’s long hours put next generation of workers off
A new industry survey shows working conditions in an industry already struggling to attract women are also putting off the next generation of men.
- Michael Bleby
The suburbs where you can buy a unit for under $400,000
Home buyers looking to score units under $400,000 will not easily find them in Sydney or Brisbane, but Melbourne and Perth still offer plenty, at least for now.
- Nila Sweeney
Redcape sells Sydney pub for $48m, unfreezes fund
The Crescent Hotel in Fairfield was sold to veteran publican Patrick Gallagher. It takes total divestments since asset sales began last year to more than $200m.
- Larry Schlesinger
Melbourne fund manager buys Darling Harbour hotel for $55m
Shakespeare Property Group, part of fund manager Prime Value, has snapped up the 90-room heritage-listed Woolstore 1888 hotel in Sydney.
- Larry Schlesinger
Infratil, NZ Super put RetireAustralia back on the auction block
Street Talk can reveal the retirement community owner has mandated Jefferies Australia to run a sale process, swapping advisers from Jarden and E&P who led the charge last time.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Jon Adgemis’ Public Hospitality Group puts first pub on the market
The proposed sale of the Empire Hotel in Sydney’s inner west suburb of Annandale comes after the collapse of a refinancing deal with Bain Capital this month.
- Primrose Riordan
Westfield, retailers at odds over pre-attack drills
Days after six people were fatally stabbed at a Westfield Bondi Junction, it has been revealed it did not perform drills on how to respond to such a threat.
- Campbell Kwan, Michael Bleby and Gus McCubbing
Housing affordability the worst in 20 years: ANZ
Soaring rents and record-high home values along with high interest rates have combined to create the worst buying and renting conditions in more than 20 years according to ANZ.
- Nila Sweeney
Toplace creditors vote to defer liquidation in hope of better return
Creditors of the collapsed developer founded by wanted fugitive Jean Nassif have voted for a scheme that may get them a better payout.
- Larry Schlesinger
Singapore orders all employers to consider flexi-time requests
Singapore’s move is in line with other countries including Ireland and the UK, where governments require businesses to consider flexi-work requests.
- Yihui Xie
AI boom drives $174m data centre deal on 3.6pc yield
Macquarie Technology Group will acquire the Intellicentre Campus at Macquarie Park from Singapore’s Keppel DC REIT as it looks to lift data storage capacity.
- Larry Schlesinger
Primo founder sues daughter over trophy home
Maintaining an aversion to publicity is tricky in court.
- Myriam Robin
Warehouse construction to surge again, but no oversupply fears
Warehouse completions fell by almost 1 million square metres last year, but the stabilisation of debt and construction costs will fuel a strong rebound.
- Larry Schlesinger and Michael Bleby
NSW considers extra measures for private security guards
As police work through the details of Saturday’s horrific attack, landlords are revising security plans to ensure they can react to a similar incident.
- Michael Bleby
- Exclusive
- Hotels
Gold Coast chicken farmers spend $45m on Brisbane hotel
The Singh family has bought the 179-room former Pacific Hotel in Spring Hill and converted it to a Mercure hotel to be operated by Accor.
- Larry Schlesinger
America’s most expensive housing market births an unexpected rebel
A Fox News host and adviser to ex-British prime minister David Cameron is on a mission to tame the costs that make home ownership akin to a luxury good.
- Nadia Lopez
Welcome to Sydney, where a garage can set you back $500,000
The buyer of this neighbourhood space doesn’t have an electric vehicle. But enough people already do to make it an asset worth having.
- Michael Bleby
