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Accor signals confidence in recovery as new hotel opens | Summer Capital cashes in on Sydney express

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Accor signals confidence in recovery as new hotel opens

Accor has consolidated its position as Australia’s largest hotelier with the opening of its 400th property – the heritage listed Porter House Hotel in the Sydney CBD.

Sumner Capital cashes in on Sydney express

As demand rises for well-located city offices, Singaporean group Sun Venture is targeting the purchase of the North Sydney tower that houses the American consulate for about $140m.

AMP fund contest fires up as retail consolidation looms

Investors must choose between joining the Dexus fund empire or jumping into a merger with a GPT fund.

Mansion with secret bar sells for $12m

A Brisbane property with a hidden bar and recording studio has sold in a pre-auction deal believed to be $12m as the spring property market kicks off.

By MACKENZIE SCOTT

Rare slice of Tassie on edge of world heritage site

The resort is perched on the edge of the UNESCO World Heritage-listed Cradle Mountain-Lake St Clair National Park.

COMMERCIAL PROPERTY

Artist Done and dusted on the Gold Coast

Renowned Australian artist Ken Done is offloading his former Gold Coast showroom and retail store.

By MACKENZIE SCOTT

Victory office-share refuses to concede defeat

The workplace was being reimagined, flexibility and collaboration were the name of the game, and Australia’s Victory Offices, had reason for optimism. Then Covid-19 hit.

By CAMERON ENGLAND

Renters set to struggle as new state land tax bites

At first glance, a new land tax in Queensland aimed at investors appears run of the mill. But when you consider the possible implications, renters are the ones who will lose out.

By CAMERON KUSHER

Pub king laments RBA move but still keen to buy

Hotel sale prices will ease thanks to the central bank lifting interest rates and the price of beer going up but Arthur Laundy is still on the lookout for acquisitions.

Land tax changes ‘a small cost’

The Palaszczuk government has defended dramatic changes to land tax for interstate property investors, but industry remains dubious.

By MACKENZIE SCOTT

NEWSLETTERS TODAY'S PAPER MIND GAMES THE AUSTRALIAN PLUS

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