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?
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
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
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
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
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
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
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
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...
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.
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.
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
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.
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.
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.
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...
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.
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.