Business

Simon Johanson

Property Editor at The Age and BusinessDay journalist for Fairfax's theage.com.au, smh.com.au, watoday.com.au and brisbanetimes.com.au.

Newspaper House, at 247 Collins Street, has been sold for $35 million.

Malaysian group buys Newspaper House for $35m

Newspaper House, the heritage Collins Street building with a glittering mural mosaic on its facade, has sold for $35 million just two years after it was acquired by listed Singapore developer-builder Lian Beng for $22.7 million.

Market sources suggest the building at 420 St Kilda Road is worth about $65 million.

Buildings on leafy boulevard set to excite investors

Melbourne's premier office boulevard, St Kilda Road, will be the centre of vigorous investor attention as tightening supply and rising rents prompt two vendors to offer neighbouring office towers to the market.

Another building will go up next to Aerial Apartments in Camberwell Junction.

Samma Group wins approval for Camberwell Junction tower

Almost 13 years after a development proposal in leafy Camberwell sparked a popular uprising led by renowned thespians Geoffrey Rush and Barry Humphries, another apartment tower on Burke Road has been given the green light.