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Commercial Property Development News
Commercial property development news and market insights.
News
CBRE axes residential project arm as Justin Brown focuses on property developer Abadeen
News
Local vaults to the top of build-to-rent ranks as UBS exits
The race at the top ranks of the build-to-rent sector is taking shape as the housing crisis results in more renters chasing accommodation in the dedicated unit blocks.
News
Data dash: The race to build Australia’s AI-ready data centres
Investors are racing to build data centres in Australia with enough horsepower to fuel high-intensity artificial intelligence (AI) demands and more traditional workloads in a bid to ride the AI wave. Swiss private equity …
News
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.
News
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.
News
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.
News
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.
News
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.
News
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.
News
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.
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