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.

Woolies blocks Coles bid for growth suburb

Simon Johanson Supermarket chain Woolworths has won a planning battle with rival Coles to stop it building a full-line supermarket in Mernda, one of Melbourne's fast-growing northern suburbs.

Commercial property

Singapore buyers snap up eastern suburb sites

Simon Johanson Singapore-based buyers are at the forefront of recent activity in Melbourne's eastern suburbs.

Property

Melbourne set for 1000 new apartments

Melbourne

Simon Johanson Another 1000 apartments are set to soar above Melbourne’s skyline with five new towers in Footscray and Southbank gaining development approval.

Asian investors in race to buy development sites on CBD fringe

The Fawkner Centre

Simon Johanson A nondescript St Kilda Road office and South Melbourne island development site have been sold for a combined $100 million as intense competition from offshore developers adds fuel to Melbourne's...

Wine

Winery builds on insatiable thirst for success

882 Maroondah Hwy.

Simon Johanson Fine wine and fine architecture are being uncorked in the rolling hills of the Yarra Valley.

Apartments

Owners score legal win over Southbank short-stay operator

marco southbank

Simon Johanson An owners' corporation in a Southbank apartment building has successfully enforced a ban on a short-stay operator who residents accused of noise and disruptive behaviour.

Commercial property

Go-ahead for $580 million Chadstone Shopping Centre expansion

Chadstone shopping centre.

Simon Johanson CFS Retail Property Trust will go ahead with a planned $580 million expansion of Chadstone Shopping Centre and a 10-level office tower.

St Kilda Road office space is being turned into homes by developers

Simon Johanson One-fifth of road's office buildings could become homes over the next decade as a trend to convert outdated office space in Melbourne accelerates.

The venerable Tomasetti House in Melbourne's Flinders Lane is to become an upmarket backpacker hostel

Simon Johanson Millett family will develop an upmarket backpacker hostel in Melbourne's Tomasetti House after buying the historic property for $16.2m.

Property

Salta pushes ahead with Richmond, Abbotsford development

Simon Johanson Salta Properties will forge ahead to deliver another 1000 apartments over the next five years.

Commercial property

Prime CBD rents at $1 million a year for 100 square metres

Christmas shoppers at Bourke street Mall today.
Crowd, Shopping, Shops, Shop, Xmas, Retail, Retailers

Simon Johanson One hundred square metres of space in Bourke Street now brings in $1million a year rent.

Commercial Real Estate

China's property dragons are just warming up

Michael Mai [left], managing director ICD Property and development manager Matthew Khoo.

Simon Johanson Michael Mai believes the surge of Asian investment in Australian property has a long way to run.

Property

Job prospects improve as optimism rises

Simon Johanson A significant majority of architecture and engineering firms expect activity to pick up this year.

Property

Collins Street mall to become another luxury retail centre

An artist impression of Collins Lane.

Simon Johanson The Australia on Collins mall will close for an 18-month makeover and reopen as a rebadged luxury retail centre called 'St Collins Lane'.

Property

Quintessential Equity rejects 'overheated' Melbourne property market

Quintessential Equity Sells 93 George Street, Parramatta?for $28.75 million.

93 George Street.jpg

Simon Johanson Boutique fund manager Quintessential Equity acquires another Canberra office building.

Property

Drapac Group sells last 140 East offices

Commercial-Property

Simon Johanson The Drapac Group has completed its exit from the Melbourne property market.

Property

Woolworths puts North Melbourne mixed-use development on market

Simon Johanson Retail powerhouse Woolworths has quietly listed for sale a large $100 million-plus mixed-use development.

Property

Englehart to sell Doncaster Road development site

Simon Johanson Englehart Homes founder is offloading a prime development site opposite Shopping Town.

Melbourne skyscraper wrangle heads for the courts

Simon Johanson A developer is embroiled in a dispute with the builders of the CBD's tallest residential tower.

Property

Melbourne vacancy rate falls but CBD bucks trend

Simon Johanson Melbourne's vacancy rate fell in February, a move likely to ease landlords' worries.