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Commercial property development news and market insights.

PERIFA seizes Balmain site with Mitsubishi for $800m tower
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PERIFA seizes Balmain site with Mitsubishi for $800m tower
One of the most controversial property sites in Sydney is now in new hands – and after years of false starts it could help address Sydney’s housing shortage.
Balmain Leagues Club: $800m plan for ‘derelict’ club site revealed
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Balmain Leagues Club: $800m plan for ‘derelict’ club site revealed
The grand plans for the Balmain Leagues Club site that has been closed to the community since 2010 have been revealed.
Frasers goes to market with $300m Brunswick & Co
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Frasers goes to market with $300m Brunswick & Co
The build-to-rent sector is maturing rapidly with developers now testing the market to sell the specialist apartments towers.
Melbourne tower plan abandoned as Tarascio family sells its city site and hits out at Allan government
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Melbourne tower plan abandoned as Tarascio family sells its city site and hits out at Allan government
The Tarascio family has sold off a prime Melbourne site where it had planned a luxury tower for more than a decade, as financial conditions in Victoria sour.
Weak Australian dollar and high labour costs offset stabilising materials: Altus Group
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Weak Australian dollar and high labour costs offset stabilising materials: Altus Group
Despite some price relief, Australia’s construction industry faces mounting insolvencies as productivity declines and wage pressures rise.
New long-term rentals to support women in need
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New long-term rentals to support women in need
A groundbreaking $15.7m housing development will put women at risk at the top of its tenancy list in what has been described as a first for the state.
Hills District gets 50 new dining, leisure and retail spaces
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Hills District gets 50 new dining, leisure and retail spaces
A popular hub is about to undergo a huge extension where locals will now have 50 new options for dining, shopping and leisure.
$16m-plus price hopes for mixed use land opposite shopping centre
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$16m-plus price hopes for mixed use land opposite shopping centre
Planning is well advanced on a swathe of land opposite a major regional shopping centre to deliver new housing, retail and other uses. New owners are sought to chart the next course.
‘Nothing like it’: New resort a car lover’s Nirvana
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‘Nothing like it’: New resort a car lover’s Nirvana
A first of its kind Australian motorsport resort complete with luxury villas, a hotel and a 5.4km track promises to be a dream come true for local car lovers.
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