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World-beating housing boom

A majority of Australia’s capital city residential housing markets are growing at a pace faster than the global average, according to new data from Knight Frank.

Mackenzie Scott

Impact pitches Younghusband for development

Impact Investment Group is readying to offload the Younghusband commercial precinct in Melbourne’s inner northwestern suburb of Kensington.

Lendlease gets backing for $630m Milan project

The move bolsters the developer’s international hopes as it chases growth in Europe and the US.

Pubs on block in $22m-plus sale

Brisbane’s famed Royal Exchange Hotel in the river suburb of Toowong is hitting the block.

Regional hotels in demand

Investors are banking on large returns from regional hotel assets with a string of properties in NSW and Far North Queensland recently changing hands.

By LISA ALLEN, BEN WILMOT

Aus Unity weighs up $1.2bn merger

Funds manager Australian Unity is considering a merger of its main listed office fund and its unlisted diversified fund.

Woolworths sells suburban precinct

Supermarket giant Woolworths has offloaded a near complete shopping centre and surrounding land in the Melbourne suburb of Mernda to Occasio Projects.

Mirvac’s ‘seductive’ tower grows

As many companies consider shedding their CBD offices, Mirvac is extending its reign, adding 10,000sq m to its ambitious $600m Sydney tower development.

BOILER ROOM FRAUD

Assets of conman finally seized

The sales brochure provided little detail about the owner’s nefarious past, and the unusual circumstances that led to the property’s $7.8m listing.

Cheap home loan tap set to be tightened

The flood of money to homebuyers being used to push up property prices could soon be plugged as banks look to make it harder to secure a loan.

By Mackenzie Scott