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MELBOURNE BUSINESS NEWS PROPERTY


Cromwell sells Brisbane head office to Wingate for $108.5 million

Cromwell sells Brisbane head office to Wingate for $108.5 million

As part of its strategy to sell off inessential assets, Brisbane-ba...

John McGrath calls for calm as real estate company forecasts rise in earnings for FY22

John McGrath calls for calm as real estate company forecasts rise in earnings for FY22

Despite recent trading conditions proving disruptive for the reside...

Carsales.com founders sell Melbourne office development for $60.25m

Carsales.com founders sell Melbourne office development for $60.25m

A Singapore-listed property trust managed by Frasers Property (SGX:...

“No one plans for these things”: Metricon acting CEO denies crisis rumours following founder’s death

“No one plans for these things”: Metricon acting CEO denies crisis rumours following founder’s death

Just days after the sudden and unexpected death of Metricon founder...

La Trobe partners with developer Plenary on $5 billion University City of the Future

La Trobe partners with developer Plenary on $5 billion University City of the Future

With ambitious aspirations to transform Melbourne’s north, La...

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ICD Property going green in $400m redevelopment of Adelaide’s Central Market Arcade

ICD Property going green in $400m redevelopment of Adelaide’s Central Market Arcade

Melbourne-based ICD Property has announced plans to build one of Ad...

Gurner receives approval for $1.5 billion redevelopment of Jam Factory in Melbourne

Gurner receives approval for $1.5 billion redevelopment of Jam Factory in Melbourne

Luxury property developer Gurner has teamed up with real-estate inv...

Roberts Co snaps up five Melbourne projects from Probuild administration

Roberts Co snaps up five Melbourne projects from Probuild administration

More than $100 million worth of potential claims have been prevente...

Aware Super increases stake in Lendlease Retirement Living Trust with $490m investment

Aware Super increases stake in Lendlease Retirement Living Trust with $490m investment

One of Australia’s largest superannuation funds Aware Su...

Amazon to open MCG oval-sized sorting centre in Melbourne

Amazon to open MCG oval-sized sorting centre in Melbourne

E-commerce giant Amazon has announced it will open a new sorting ce...

Abacus locks up $200 million in funding for self storage portfolio expansion

Abacus locks up $200 million in funding for self storage portfolio expansion

Australian property group Abacus (ASX: ABP) has today completed a $...

Centuria and Morgan Stanley form $210 million healthcare joint venture

Centuria and Morgan Stanley form $210 million healthcare joint venture

Australian investment manager Centuria Capital Group (ASX: CNI) has...

Gurner hopes to emulate New York’s Chelsea Market with $300m Geelong development

Gurner hopes to emulate New York’s Chelsea Market with $300m Geelong development

Luxury developer Gurner is partnering with Geelong businessman Dean...

Roberts Co to purchase Probuild’s Victorian assets

Roberts Co to purchase Probuild’s Victorian assets

The voluntary administrator of property and construction giant Prob...

Property and construction giant Probuild in administration leaving major projects in the lurch

Property and construction giant Probuild in administration leaving major projects in the lurch

A group of Australian property and construction companies responsib...

Scentre Group returns to profit, longstanding CEO Peter Allen to step down

Scentre Group returns to profit, longstanding CEO Peter Allen to step down

The operator of Westfield shopping centres in Australia and New Zea...

Spider-Man and James Bond blockbusters help EVENT return to black

Spider-Man and James Bond blockbusters help EVENT return to black

Investors have been encouraged by EVENT Hospitality & Entertain...

Property companies riding a $2.9b profit wave

Property companies riding a $2.9b profit wave

Australian property companies have capitalised on prime market cond...

Vicinity’s $1 billion turnaround signals retail recovery underway

Vicinity’s $1 billion turnaround signals retail recovery underway

Shopping centre group Vicinity Centres (ASX: VCX) has recorded a $1...

Property investment giants link up on joint venture worth $2.3 billion

Property investment giants link up on joint venture worth $2.3 billion

Hong Kong-based Link Real Estate Investment Trust (Link REIT) has b...

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