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Bentley

Asia

19-Oct-2017

New online investment platform, iPartners Pty Ltd, has launched its second offer to investors with a proposed $9 million, end value, property development planned in the Hunter region of NSW. 

19-Oct-2017

A senior Reserve Bank official has flagged concerns about the "awful lot" of apartments due to flood the Brisbane property market, and the potential hit facing investors who had bet on making capital gains.

18-Oct-2017

Starryland Australia’s successful $550M masterplanned residential development Promenade in Parramatta is on track with Stage 2 due for completion this December and Stage 3 following shortly after in March 2018.

18-Oct-2017

Diversified property giant Lendlease has sold a quarter of its retirement living business to Dutch pension fund investment manager APG Asset Management for an estimated $470 million.

18-Oct-2017

Nissan is the latest car manufacturer to sell a redundant Australian site, offloading its 11.4 hectare local headquarters and adjoining warehouse distribution centre in Dandenong South, Melbourne, to a private syndicate for a speculated $35 million.


 

18-Oct-2017

Investors are paying a premium for government-leased buildings. An office occupied by Centrelink and Medicare has sold for $4,415,000 on a tight yield of 5.67 per cent.

18-Oct-2017

A mixed-use development site within the Parramatta Road Precinct, Burwood, is the latest to test market interest for combined lots, with price indications said to be more than $20 million.

18-Oct-2017

UK retailer Debenhams is opening its first Australian store in a cut-throat market, offering a suite of exclusive designers and new services and technologies to attract customers.

18-Oct-2017

 


Ratings agency Moody's Investor Service has given the Australian real estate investment trusts (A-REITs) a clean bill of health, saying residential trusts are at cyclical peaks, while low supply of assets will underpin office rents for prime central business district locations.

17-Oct-2017

Billionaire investor Solomon Lew has fired a sharp shot across the bow of struggling department store chain Myer, demanding it release sales data ahead of a planned strategy day in November.

17-Oct-2017

Australian housing prices have surged by a massive 6,556 per cent since the early 1960s — an average increase of 8.1 per cent every year.

16-Oct-2017

Singaporean tycoon Chio Kiat Ow is set to sell his Vaucluse waterfront mansion, known as Phoenix Acres, amid hopes it will be the next Australian trophy home to score a place in the $70 million record books.

16-Oct-2017

Luxury car importer Neville “Croaky” Crichton has offloaded his Point Piper trophy home just six months after he took the keys, scoring about $36 million from a local buyer.

16-Oct-2017

Organisations are seeking better quality office space leading to strong leasing activity in the prime grade sector of the market

16-Oct-2017

Luxury apartment developer GURNER™ has proven the naysayers wrong, repaying its $180m loan to ANZ and settling approximately $200,000,000 worth of apartments, just days after calling for settlement of the first 520 apartments of stage one of the developer’s 981-apartment, three tower ‘FV’ project.

15-Oct-2017

Investment volumes in the South East of England office market reached £1.3 billion in the third quarter of 2017, the highest quarter on record since 2013, the latest index shows.

15-Oct-2017

Property prices in New Zealand increased by 1.2% year on year but the national figure is being pulled down by a flat real estate market in Auckland, the latest index shows.

15-Oct-2017

QIC's freshly revamped $1.2 billion Eastland in Ringwood has beaten rival behemoth Chadstone to open the first Victorian hotel on top of a shopping centre.


 

15-Oct-2017

The Reserve Bank has warned about areas where it sees "potential risk" in the property investment market, such as the growing number of people with multiple investment properties, and an increase in investors aged over 60 who have a mortgage.


 

15-Oct-2017

Three former Masters stores have sold for $70 million just as retail giant Woolworths announced it has finally extricated itself from its ill-fated and costly foray into the home hardware business.