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Commercial real estate

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Aveo considers buyout bids amid challenging property market

Aveo considers buyout bids amid challenging property market

Embattled retirement village operator Aveo is assessing several bids for a company buyout as it reported a half-year loss of $44.7 million.

  • by Simon Johanson

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'King of bling' Khan hopes to land $60m from sale

'King of bling' Khan hopes to land $60m from sale

A wealthy Melbourne councillor and aspiring politician dubbed the "king of bling" is selling a portfolio of land parcels that could net him $60 million.

  • by Simon Johanson
Bendigo Bank headquarters to test office market

Bendigo Bank headquarters to test office market

The Bendigo and Adelaide bank headquarters in Melbourne’s Docklands will be the first major test of this year’s office market after its Singapore-connected owner offered it for sale with hopes of $80 million.

  • by Simon Johanson
Airbnb-style space is the new warehouse trend
Goodman Group

Airbnb-style space is the new warehouse trend

Flexible lease terms for industrial assets, in what Airbnb is to hotels, is a fast-rising trend in a sector where warehouses are in hot demand but supply is limited, according to overseas experts.

  • by Carolyn Cummins
Home loan details of 100,000 customers hacked in major data breach
Landmark White Limited

Home loan details of 100,000 customers hacked in major data breach

The nation's biggest banks are scrambling to contact up to 100,000 customers who may have been caught up in a major data breach at property valuation firm, LandMark White.

  • by Carolyn Cummins
Developers focus on Oakleigh corner site
Sales

Developers focus on Oakleigh corner site

Four separate shops on a large corner site next to Oakleigh railway station at 12-14 Johnson Street have sold for $3.5 million.

  • by Simon Johanson
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Tensions high ahead of developer's 24-storey Subi Markets proposal
Property investment

Tensions high ahead of developer's 24-storey Subi Markets proposal

An indoor-outdoor public space on the ground level would house up to 50 street market stalls, a town square, 'pocket park' and permanent restaurants.

  • by Emma Young
GPT expands in booming logistics sector
GPT Group

GPT expands in booming logistics sector

The logistics sector will be a focus for GPT as it looks to cash in on the rise in e-commerce and demand for warehouse space.

  • by Carolyn Cummins
AV Jennings profit slumps as tighter lending conditions bite
AVJennings

AV Jennings profit slumps as tighter lending conditions bite

The house and land developer says buyer confidence has “subsided” over the past six months and prices in the major established housing markets are “correcting” as a result.

  • by Simon Johanson
More projects likely to get shelved: survey
Property development

More projects likely to get shelved: survey

More building projects are likely to get shelved over the next year as challenging funding conditions hit industry sentiment, a survey forecasts.

  • by Simon Johanson and Carolyn Cummins
Workers are Sydney and Melbourne’s newest rivalry
Office

Workers are Sydney and Melbourne’s newest rivalry

The country’s two dominant office markets are fighting it out for largest and most in-demand status.

  • by Simon Johanson, Carolyn Cummins and Nicole Lindsay