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ISPT moves on prestige Sydney CBD properties
Sydney’s property market has had it tough over the past few years Picture: Brad Hunter Source: The Daily Telegraph SUPERANNUATION fund-backed Industry Superannuation Property Trust has rounded out a...
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Developers make most of prime conditions
Record profit: Lang Walker. Photo: Arsineh Houspian Prime development conditions have delivered two large unlisted property players record profits, with one using the money on a $48 million private...
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GPT tipped to sweeten its CPA takeover deal
GPT Group is expected this week to sweeten its $4 billion takeover proposal for the Commonwealth Property Office Fund, in the continuing bidding war with rival Dexus Property Group. It was expected...
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TOP RYDE’S NEWEST RESIDENTS COME TOGETHER TO CELEBRATE CHRISTMAS
December 16, 2013 –Top Ryde City Living’s gardens and pool area has played stage to one of Ryde’s biggest Christmas parties. More than 380 guests gathered to celebrate the festive season when...
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Stuart Cox, Divisional Director of Savills Sydney Residential Site Sales...
The Sydney residential projects market is well and truly cooking with gas; interest rates are low, demand for off the plan residential apartment stock is high, not only from local purchasers but also...
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Gandel to take $1bn stake in CFSRetail
John Gandel knows the CFS Retail business well, with the trust formed in 2002 from the merger of Gandel Retail Trust with Colonial First State Property Trust. Source: Supplied MELBOURNE magnate John...
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CPA directors reject GPT bid
THE independent directors of the Commonwealth Property Office Fund have rejected a $3 billion takeover bid from GPT Group in favour of a higher bid from Dexus Property Group and Canada Pension Plan...
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Citi backs Grocon Manhattan tower purchase
PROPERTY scion Daniel Grollo has won the backing of international banking heavyweight Citibank for his entry into the US property market. The bank will back his purchase of the near US$800 million...
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Tough times for tenants as Dexus and GPT dominate
Premium-grade office towers along the Eastern seaboard are now dominated by two landlords, Dexus and GPT. It’s a situation which is likely to result in another round of rent upgrades in the medium...
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Real estate experts with an agile entrepreneurial edge, Simon Cohen and Ben...
Above: Managing Director Simon Cohen and CEO Ben Handler of CohenHandler. MP: Buyer’s agents typically in Australia have not been prevalent – it’s very much an American concept. How does CH differ from...
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Sales set up Mirvac for 10pc growth
Mirvac chief executive Susan Lloyd-Hurwitz says the group will continue to work through its non-core asset sale program. Picture: Sam Mooy Source: TheAustralian RECORD residential sales of $1.5 billion...
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Charter Hall capital raising as profit dips
CHARTER Hall Group has lifted its full-year earnings guidance despite posting a slight slip in first-half profit as it simultaneously unveiled a capital raising. In the six months to December 31,...
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NSW, Queensland keep AV Jennings on target
RESIDENTIAL developer AV Jennings is on track to meet or exceed its guidance of developing between 1200 and 1400 housing lots for the financial year, thanks to improving NSW and Queensland new-housing...
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