After originally blocking the sale of land and cattle empire S. Kidman & Co to Chinese buyers, Treasurer Scott Morrison has approved a joint bid with mining magnate Gina Rinehart.
Property Editor at The Age and BusinessDay journalist for Fairfax's theage.com.au, smh.com.au, watoday.com.au and brisbanetimes.com.au.
Large industrial tenants are moving away from sourcing their distribution centres through third party logistics companies and are instead investing in automation and sustainable building features, DEXUS executives say.
Chinese property heavyweight Dahua Group has outmuscled local developers to snap up a billion-dollar land pipeline.
Beijing-based developer Holder East has snapped up a vacant King Street block before it sold at auction, to add to a development site next door.
A spike in demand for retail space in Flinders Lane has driven up rents and pushed retailers into upstairs premises where they are competing with IT and professional consulting firms for space.
The privately-run Alfasi steel construction and equipment hire group will re-boot its property development arm using a site it purchased in one of Melbourne's hottest property sectors for more than $24 million.
Melbourne Airport has successfully fought off a bid to build an Islamic school for 700 students under the flight path of its northern runway.
Melbourne's office market is forecast to grow at a faster rate than Sydney's over the next five years, bringing the two city's office sectors to a near-even size within four years.
Listed Singaporean property player Lian Beng has pounced on another office tower for $51.5 million as it builds its Melbourne portfolio.
Spencer Street is set to become the crime fighting centre of Melbourne with the state government agreeing leasing terms for a major new office tower next to the current City West police headquarters.