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property business News

Monday December 10, 2018

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McGrath Shares Slide after Agent Exodus
Business
Tuesday January 24 2017

McGrath Shares Slide after Agent Exodus

Real estate group McGrath's shares have been hammered after it admitted the loss of more than 10 per cent of agents from its company-owned offices will...

Are Australia’s Corruption Bodies Being Weakened?
Business
Thursday January 19 2017

Are Australia’s Corruption Bodies Being Weakened?

The guilty verdict awarded against former New South Wales Labour Party power broker Eddie Obeid last June and his subsequent five-year jail sentence has been a...

Canada’s Top Performing Shopping Malls
Business
Friday April 29 2016

Canada’s Top Performing Shopping Malls

Despite an online-driven retail market, Canadian shopping malls are faring well as they pump capital investments into their brick-and-mortar spaces.

World’s Largest Real Estate Firms Unveiled
Residential
Monday March 28 2016

World’s Largest Real Estate Firms Unveiled

Two Australian firms have made the cut for inclusion in a ranking of the world’s top 100 real-estate firms according to their total value of assets.

Marriott Now the World’s Largest Hotel Operator
Strata
Wednesday March 23 2016

Marriott Now the World’s Largest Hotel Operator

Marriott has won over Starwood with a sweetened bid worth more than $US14.4 billion ($A18.93 billion) just days after a Chinese insurance company appeared to steal...

David Jones Puts it’s Historic Market Street Store Up For Sale
Residential
Wednesday February 24 2016

David Jones Puts it’s Historic Market Street Store Up For Sale

One of Sydney's most iconic retail emporiums could soon change hands for the first time since it was built almost 80 years ago.

Property Boom Boosts Mirvac Profit 69 pct
Business
Friday February 12 2016

Property Boom Boosts Mirvac Profit 69 pct

The housing boom may have peaked, but Mirvac expects its healthy property development pipeline to keep earnings growth strong.

Indian Ponzi Scandal Hits Gold Coast Sheraton
Business
Wednesday February 10 2016

Indian Ponzi Scandal Hits Gold Coast Sheraton

An investigation into a $10 billion pyramid scheme in India is having repercussions for the Sheraton Mirage on the Gold Coast as well as some of...

Property Professionals in Short Supply
Business
Tuesday October 13 2015

Property Professionals in Short Supply

Professionals within the property sector in Australia are in short supply as strengthening real estate markets spur greater levels of demand for talent and a combination...

Business
27 Sep, 2016
SAI Global Accepts $1.1bn Takeover Offer

Shares in SAI Global board accepted a $1.1 billion takeover offer of the quality standards and information services company.

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Business
22 Aug, 2016
Mirvac Profit UP 69%

Real estate group Mirvac expects to deliver strong growth in its earnings in fiscal 2017, backed by strong growth in its residential business.

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Business
19 May, 2016
Kiwi Property Profit Jumps 118 per cent

Kiwi Property Group, the country's biggest listed property investor by market value, reported a 118 per cent jump in full-year profit

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Business
25 Feb, 2016
Property Boom Boosts Metlifecare's Profit

Aged care and retirement village operator Metlifecare has more than tripled half-year net profit, mainly due to the impact of booming property prices.

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Business
18 Feb, 2016
Private Equity Firm Buying Up Retirement Assets

Blackstone Group LP has bought Lendlease Group's portfolio of five retirement villages in New Zealand for an undisclosed sum.

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Business
18 Feb, 2016
Lend Lease Profit Rises 12 per cent

A flurry of projects has helped property developer and contractor Lend Lease lift first half profit by 12 per cent to $353.8 million.

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Business
1 Feb, 2016
Woolies Slugged $11m Over Masters Deal

Retail giant Woolworths has been ordered to pay more than $11 million to a Victorian property developer for breaking a contract for the construction of a...

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Business
27 Aug, 2015
Westfield Earnings on track despite World Trade Centre Delay

Shopping centre operator Westfield will meet its full year guidance despite a delay in opening its World Trade Center flagship.

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Business
27 Aug, 2015
Property Values Help Metlifecare Lift Profit

New Zealand's second-largest listed retirement village operator Metlifecare has lifted annual profit 78 per cent after its properties jumped in value.

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