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.

Carlton development site overshoots reserve price by $4 million

sold

Simon Johanson A Carlton development site with significant development upside has sold for $9.1 million.

Aldi looks for new Melbourne CBD site to compete with Coles, Woolworths

Aldi plans a new store in Melbourne's CBD, as part of its ambitious nation wide expansion.

Simon Johanson Soaring central city population growth from Melbourne's apartment boom has prompted Aldi to join a growing list of retailers looking for new CBD store spaces.

Small shop sales sizzle as investors scoop up Melbourne's retail assets

A local private investor paid $1.96 million  for a securely leased old-fashioned butcher's shop in Centre Road, Bentleigh.

Simon Johanson Retail shops on Melbourne's suburban strips are changing hands on unprecedented yields as a wave of cheap money from a growing pool of investors pushes up prices.

Bridge Road landlords in the firing line of Premier Investments

Simon Johanson One of Australia's largest retail outfits, Solomon Lew's Premier Investments, has taken aim at Bridge Road landlords over excessive rents.

Australia Post sells West Melbourne development site to Trenerry Group

Simon Johanson Mid-tier apartment developer Trenerry Property Group is believed to have paid $40 million for a site in the booming West Melbourne precinct.

Victorian Spiritualists’ Union to sell historic sandstone building

sale

Simon Johanson Victoria's spiritualists are shaking off their earthly bonds.

Shangri-La developer makes journey from Afghan refugee to construction king

Simon Johanson After coming to Australia with his family, Obaid Naqebullah's company is turning over $120 million worth of building work every two years.

New supply to lift Melbourne's suburban office vacancy rates

Simon Johanson Melbourne's suburban vacancy rate has fallen from 7.5 per cent early last year to the present 6.3 per cent, despite a forecast surge in supply.

Tower 'grid' latest Collin Street addition to west end retail space

Simon Johanson A "grid" of retail shops on the ground floor of Melbourne's newest Collins Street office tower is almost fully leased as retailers take advantage of the fast evolving western end of the city.

South Melbourne's Emerald Hill Terrace to be sold by honorary consul of Monaco

A row of 15 Victorian terrace shops in South Melbourne will be sold under one title.

Simon Johanson South Melbourne's historic Emerald Hill Terrace built in 1887 is expected to fetch close to $30 million.

Henry Kaye probed over $100 million land-banking schemes

AGE NEWS KAYE  Henry Kaye leaving the Magistrate s Court today  PICTURE BY PENNY STEPHENS  7TH MARCH 2007 SPECIAL KAYE

Simon Johanson, Royce Millar, Ben Schneiders Corporate and legal watchdogs have turned spotlights onto wealth spruikers Henry Kaye, Jamie McIntyre, and lawyers, over property option schemes.

Education sector soaks up office space

Office

Simon Johanson The education sector continues to soak up Melbourne's lower-grade office space, with an international education provider taking 4760 square metres in the former Taylors House.

Nick Riewoldt and other AFL stars put Flinders Street pub on the market

Nathan Brown and Nick Riewoldt are giving up their pub business at the Waterside Hotel.

Simon Johanson A group of pub-owning AFL football luminaries that includes St Kilda captain Nick Riewoldt have decided to exit the hotel game.

Estate agent Greg Hocking wins development battle over Port Melbourne site

Simon Johanson Well known real estate agent Greg Hocking has turned his hand to property development and won a planning battle against Port Phillip Council which opposed his 11-storey project.

Fee shock pushes pensioners to take on retirement industry

A group of pensioners is attempting to have their contracts declared void over what they claim are unfair terms.

Simon Johanson A group of elderly pensioners mounting a legal challenge to the retirement industry could disrupt the sector’s most popular business model.

Strata office sales soar on back of rate cut, self-managed super funds investors

Lawyer Elpis Korosidis on the roof of her new strata office building.

Simon Johanson Elpis Korosidis has just purchased strata office space for her business.

Haileybury College buys Melbourne CBD office from Singapore-listed Aspial Corporation

2 students with books

Simon Johanson Private school Haileybury College looks set to open a city campus after buying a building on Kings Street in a deal speculated to be worth more than $50 million.

Deep-pocketed baby boomers reach for the sky in Australia's inner suburbs of Carlton and Clifton Hill

Victorian-based TLC Aged Care has turned its attention to a new development in inner north Clifton Hill.

Simon Johanson Baby boomers' preference for an amenity-rich, cafe culture lifestyle coupled with their ability to afford inner city property prices has refocused the aged care sector's attention on Melbourne and...

Chinese investors target Australian hotels

JLL figures show domestic investment was 46 per cent in 2014, up 24 per cent on the previous year.

Simon Johanson Chinese investors snapped up nearly one third of Australian hotels that hit the market last year in an aggressive buying spree likely to be further spurred by the falling Aussie dollar.

Centuria Capital looks at Singapore for property fund expansion

Centuria chief executive John McBain said the new fund, based in Singapore, will aim to raise about $200 million.

Simon Johanson and Carolyn Cummins Centuria Capital, one of Australia's biggest unlisted fund managers, is considering establishing an offshore fund as it expands its property and investment bond management business following the...