Australia’s Flexible Office Revolution
Under many traditional arrangements, companies’ real-estate footprint involves floor space in conventional offices which is either owned outright or leased on long-term agreements.
Property Industry Confidence Plummets to Five Year Lows
Confidence in Australia’s property industry has dropped to five year lows as fears about a deeper than expected housing market downturn continue to grow.
What is a Yield?
The term ‘yield’ is used in articles related to both residential and commercial property and there is an implication that the meaning is the same in...
Property Staff Look to Commercial Sector for Opportunities
Opportunities for professionals within Australia’s property industry are shifting to the commercial side of the market as residential demand is impacted by declining investor activity.
Aussie Commercial Property Funds Lead World in Responsible Practice
Commercial property funds throughout Australia are leading their peers globally in terms of social and environmental responsibility and governance practices, the latest rankings suggest.
Understanding Good Faith Clauses in Commercial Property Law
In any commercial relationship, a good faith approach sets a foundation upon which efforts to deliver mutually beneficial outcomes are built.
Auckland Airport Profits Jump
Auckland International Airport has lifted annual profit 27 per cent with growth from domestic and international passengers, and expects underlying earnings growth in 2018.
Commercial Building Operating Costs Soar Well Above Inflation
Soaring costs associated with council rates, electricity and insurance are driving increases in commercial building operating costs which far exceed the rate of general inflation, the...
Sydney Airport Passenger Numbers Take Off
Sydney Airport has posted its strongest growth in passenger numbers in 12 years, with 21 million passing through the airport in the first six months of...
Vicinity to Sell $1bn of Shopping Centres
Vicinity Centres will sell up to $1 billion of medium-sized and neighbourhood shopping centres to fund development of prestige projects.
Amazon, Airbnb Drive Retail Insolvencies
Competition from online giants such as Amazon and Airbnb is behind an increase in the number of Australian retailers going bust in recent years, according to...
Toys R Us Australia Remains Open for Business
Toys R Us says it is business as usual at its Australian stores despite the apparent demise of the business in the US and UK.
Commercial Lending Stabilises in January
Lending to businesses and property investors remained steady in January following a significant fall in December, while the value of new home loans to owner-occupiers lifted...
$1b Revamp for Sydney's Central Station
Sydney train commuters are being promised only minor disruptions as the city's busiest station undergoes "heart surgery" to make way for the new Metro.
Costco's Selects Western Sydney for HQ
American retail giant Costco has been given the green light to build its $77 million headquarters in western Sydney, generating about 1000 jobs.
Westfield Insists Unibail Deal on Track
Westfield Corporation's joint CEO Peter Lowy insists its board and the Lowy family remain committed to the shopping centre giant's $33 billion takeover by Unibail-Rodamco, despite...
Choice Properties REIT Buying CREIT in $3.9-billion Deal
The Weston family is poised to create Canada's largest real estate investment trust through a $3.9-billion deal for its publicly traded Choice Properties REIT (CHP_u.TO) to...
Super Retail Group to buy Macpac for $135m
Super Retail Group will buy New Zealand outdoor brand Macpac for $A135 million.