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Infrastructure, Hotels & Mixed Business | Asia


Sydney’s Barangaroo development has won the top award at this year’s prestigious American Architecture Prize.


Sydney and Melbourne rank high in the latest global Skyscraper Index, coming in at sixth and 15th respectively, according to Knight Frank's Global Cities 2018 report.


Just when the sun had started to peek through, the number of cranes dominating the skyline of capital cities has risen, with a record 685 structures around the country.


There is a $62 billion building boom across Sydney's city, from infrastructure projects to commercial, residential and developments sites, which has underpinned the latest wave of demand for physical assets.



A controversial 13-storey tower above the Ormond railway station will go ahead after the Andrews government took control of the land, setting a precedent for other level crossing and major infrastructure projects.



Investors are circling the revitalised North Sydney office market as vacancy rates decline as new infrastructure developments absorb older properties.


In a major shift for development assessment, mandatory independent local hearing and assessment panels (IHAPs) will be introduced to Wollongong and Sydney metropolitan councils, to make decisions on development applications. This change aims to improve the efficiency and integrity of the determination process.


Theme park developer and owner Village Roadshow is planning to sell and leaseback the Gold Coast site that houses Warner Bros Movie World and Wet'n'Wild, with offers in the region of $100 million expected.



HPG Australia's $600 million-plus One Sydney Park development in Sydney's inner west Alexandria has moved a step closer to the starting line with a call to architect and landscape designers to compete in a design competition.


The renowned Tankerville Arms Hotel, Fitzroy is being offered for sale, with price expectations exceeding $20 million.  


Tower projects proposed by developers Fridcorp and Piccolo have been knocked back by the state planning tribunal on the grounds of size, while an historic 19th century industrial building on the CBD-fringe is ready for the wreckers.



Following the launch in Milan, Bali and London, the Italian jewelry and luxury goods brand Bulgari finally takes to the Chinese market. 


Ardent Leisure has announced its transition to a customer experience-driven leisure and entertainment portfolio is complete, after flagging a 44.6 per cent drop in earnings for the year to June 30.


Country Garden Holdings Co. said it’s looking to attract customers from countries such as Thailand and Vietnam as some Chinese buyers hit by capital controls have pulled back from the $100 billion Forest City project in southern Malaysia.


International hospitality firms have recently been quietly stepping up their efforts in Central Asia, with a push in Kazakhstan in particular.


The 13 Hotel stands empty in a sleepy corner of Macau while its owners seek more cash and the necessary permits to operate -- not to mention an elusive license to open a casino.


Malaysia eyes redevelopment of historic Malacca into a deep sea port, with some help from China amounting to billions of dollars in investment.


Pyongyang quietly unveiled renovations around the capital's biggest landmark: a futuristic, pyramid-shaped 105-story hotel, the world's tallest unoccupied building.


Having a balance of infrastructure and pure property real estate investment trusts in a portfolio will help even out the volatility and improve returns, according to a US-based specialist, Todd Canter.



All buildings that have used flammable cladding will need to have it removed, an operation likely to cost billions of dollars, the head of the Victorian Building Authority says.