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Shayher Group closes in on $200m acquisition of Melbourne’s Park Hyatt hotel
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Shayher Group closes in on $200m acquisition of Melbourne’s Park Hyatt hotel
Melbourne’s Park Hyatt Hotel is close to being sold for $200m in the largest commercial deal in the city in 12 months.
Buyers smiling as Geelong medical assets drive big incomes
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Buyers smiling as Geelong medical assets drive big incomes
Strong rental incomes underpinned by population growth is drawing buyers to medical and allied health properties in Geelong.
Living sector to take off as Kio shoots for $1bn of projects
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Living sector to take off as Kio shoots for $1bn of projects
Big capital is pouring into the country’s living sector as more players look to build rental accommodation towers and studio apartments.
US cybersecurity firm Datadog commits to first local data centre capacity, eyes nation’s $147bn IT market
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US cybersecurity firm Datadog commits to first local data centre capacity, eyes nation’s $147bn IT market
Nasdaq-listed Datadog has a struck a partnership with AWS, taking out halls in its local data, as it seeks to nab a slice of the nation’s $147bn IT market.
Aussie home builder AVJennings latest to fall into offshore hands amid cost pressures
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Aussie home builder AVJennings latest to fall into offshore hands amid cost pressures
An iconic Aussie builder will be taken over by a foreign raider after slumping to the brink of collapse.
Newtown riverside mill site with apartment plans up for grabs
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Newtown riverside mill site with apartment plans up for grabs
A former Newtown factory with approved plans to build more than 300 apartments, townhouses, retail and commercial spaces is up for sale.
Big companies fear government action will hit greenfield housing
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Big companies fear government action will hit greenfield housing
Moves to restrict the practice of land banking could catch out some of the biggest contributors to the nation’s housing supply.
Court reprieve for Roberts Co administrators to strike deal with Victorian developers
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Court reprieve for Roberts Co administrators to strike deal with Victorian developers
Administrators of the collapsed Victorian arm of the building company have been given three weeks to try and strike a deal with developers to get workers back on major sites.
A hotel, luxury apartments and hospitality spaces incoming
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A hotel, luxury apartments and hospitality spaces incoming
With its DA in place and plans for an international hotel, this former TAFE site is as attractive as it gets.
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