Simon Johanson

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.

Property

Councils becoming landlords to 'future-proof' against rising costs

Simon Johanson Melbourne's local councils snapped up about $54 million of commercial real estate last year.

Retail

Upward trend continues as Chapel Street receives Diesel-powered lift

Diesel.

Simon Johanson A 10-year lease to fashion retailer has been hailed as a turning point for Chapel Street.

AIA Australia moves to new St Kilda Road location

Simon Johanson Life insurance group will lease three refurbished floors but deal is unlikely to dent area's vacancy rate.

Property

Car manufacturing demise opens up new image for industrial sites

Toyota.

Simon Johanson and Marc Pallisco End of Victoria's car industry will spark a slow but seismic shift for some industrial property markets and impact on values, agents say.

Property

Melbourne suburban shopping strips rising from gloom

The Chapel Street shopping precinct.

Simon Johanson Shift to inner-city living, rising consumer confidence boosts besieged suburban shopping streets.

Werribee Plaza set for $370 million makeover

Werribee Plaza.

Simon Johanson Werribee Plaza is to get makeover that will add 35,000 square metres to the shopping centre, and get a new name.

Docklands heads in new direction at Collins Street

melbourne

Simon Johanson The much-maligned Docklands precinct has turned a corner. Literally.

Fences top cause of neighbours' rows brought before Dispute Settlement Centre of Victoria

PICKET FENCE

Simon Johanson Love thy neighbour, preaches the Bible. But in cases where that isn't possible for Melburnians, the state attorney-general is making it easier for them to resolve differences.

Salvation Army selling Parkville training college ahead of move to Ringwood

Salvation Army's 11 storey Parkville training college at 303-305 Royal Parade.

Simon Johanson The Salvation Army has put its 11-storey Parkville training college on the market ahead of its move to a new location in Ringwood this year.

Red tape reforms blindside commercial property industry

Simon Johanson Commercial property professionals will no longer be required to hold a real estate agent's licence for large property transactions under Victorian government reforms.

Waterside blocks at Paynesville and Metung attract strong interest

Simon Johanson Mortgagee fire sale of property in Metung and Paynesville may spark a local building boom, according to agents.

Property

Melbourne vacancies soar and rents fall as new apartments stay empty

Apartments.

Simon Johanson Melbourne’s vacancy rates are soaring as a surge in inner-city development adds thousands of apartments to the rental market.

Developers make most of prime conditions

Simon Johanson Prime development conditions deliver two large unlisted property players record profits, with one using the money on a $48 million private plane.

CEL Australia buys office building in St Kilda Road for $45.28 million

St Kilda Road.

Simon Johanson Australian subsidiary of large Singaporean property developer buys 12-level office building in St Kilda Road for $45.28m.

Soaring towers for city sites

Latrobe Street, a carpark sold for $29.2 Million.

Simon Johanson Malaysian newcomer UEM Sunrise Berhad will build two high-rise towers at 224-252 La Trobe Street that will soar 78 levels above the city on a site it bought just two months ago.

Property

Housing affordability at decade high

Are we in a housing bubble? (Thumbnail)

Simon Johanson Housing is at its most affordable level in a decade despite recent rises in home prices, the latest index says.

Comments 124

Art Series Hotel Group adds colour in regions and interstate

Artist impression Art Series Studio in Bendigo.

Simon Johanson The Art Series Hotel Group is expanding its national and regional footprint with a new hotel in Adelaide and a smaller ''studio'' hotel in Bendigo.

Sentinel group pays $20m for Virgin Active site

Michael Drapac.

Simon Johanson A Queensland syndicate has snapped up Virgin Active's Bourke Street fitness premises in Melbourne for $20 million.

Property

Commonwealth Property Office Fund pulls takeover deal

Hoog. Afr. 080821. Pic supplied. Pics shows DEXUS Property Group chief executive Victor Hoog Antink
 
Source: DEXUS Property Group

Simon Johanson CPA pulls a deal giving Dexus and its Canadian pension fund partner exclusive right to takeover talks.

Rosebud shopping centre sells for $100m to Charter Hall Retail REIT

Commercial-Property

Simon Johanson Shopping centre changes hands as investors target non-discretionary retail properties.