The Lonely Planet building in Footscray was bought by Impact Investment for $13.5 million.

Impact Investment on the move

One of Australia's most active boutique investment funds has snapped up a Melbourne property just two weeks after it bought a new timber tower in Brisbane from Lendlease.

Stockland townhouses at Willowdale, Sydney.

Retail rout isn't stifling Stockland

Stockland, one of the country's largest home developers, said the strong residential markets along the eastern seaboard, stable retail sales from its tenants and higher office rents going forward, will underpin its growth in the full year.

Melbourne was the nation's strongest performer for industrial property sales in 2016.

Melbourne industrial property surges

Melbourne industrial property deals surged to a record $1.92 billion in transactions in 2016, a 15 per cent increase on the previous year.