Today
- Exclusive
Lighthouse raises $300m for disability housing
The pace of investment into the specialised sector from institutional investors is picking up quickly, to help meet the accommodation requirements of an estimated 30,000 eligible people by 2025.
- Nick Lenaghan
This Month
Japan deals are back with $3b Mitsubishi-Lendlease Circular Quay deal
Under the deal, Mitsubishi will increase its 19.9 per cent stake in the $3 billion project to 66.7 per cent and Lendlease will hold the balance.
- Updated
- Michael Bleby
Housing construction slows as COVID delays bite
It’s not all bad news as the delays, which reflect the rising costs and delays in home building, will also stretch out activity as underlying demand slows.
- Michael Bleby
Malaysian developer sets sights on building 1000 homes by 2027
Gamuda Land’s latest project is a 200-unit tower in Melbourne’s Fishermans Bend as it hunts for more sites around the city.
- Larry Schlesinger
Why Detroit’s car making history faces the wrecking ball
Once one of the city’s industrial jewels, the massive Packard complex is now one of the United States’ foremost examples of urban blight.
- Corey Williams
Villawood adds $415m of projects to Queensland residential pipeline
Victoria-based Villawood Properties is moving swiftly ahead with its interstate expansion after buying three sites in Queensland.
- Larry Schlesinger
Lendlease eyes life sciences hub in London project
Proximity to health and research institutions matters for the life sciences sector, which one report tips to become a $10.3 billion sector in Australia by 2027.
- Michael Bleby
Xavier College sells Brighton campus for $100m to Golden Age
The Jesuits’ exit on South Road provides Golden Age a development prize and a rare entry into one of Melbourne’s mostly highly sought suburbs.
- Nick Lenaghan
New home build backlog may be starting to ease
A $6 billion backlog in housing construction could show early signs of easing next week, as supply chain constraints and poor weather begin to improve.
- Tom McIlroy
Deagues’ high country housing plan has a Bright future
A popular destination for tourists throughout the year, Bright is the gateway into nearby snowfields during winter as well as for outdoor activities such as hiking and cycling.
- Nick Lenaghan
Luxury homes with up to $80,000 in freebies thrown in
More than $3 million worth of furniture and design upgrades are being offered by Melbourne Square developer OSK to buyers of penthouses and prestige apartments.
- Larry Schlesinger
Construction shrinks as interest rate rises blunt housing demand
Construction fell substantially in June for the first time in several months, with worker and materials shortages part of the problem.
- Hannah Wootton
Flying vehicles get a flight path from CASA
A national strategy for flying vehicles, which could be in the skies within a few years, shows Australia is prepared for a “new era of aviation,” says Skyportz CEO Clem Newton-Brown.
- Jenny Wiggins
June
- Opinion
- Construction
Abandoned housing projects point to looming crisis
The opportunity, if it can be seized, is the chance to address the chronic shortage of social and affordable housing.
- Robert Harley
Developer that hired Barilaro pays $315m for Sydney site
Coronation Property, which hired John Barilaro as an executive director in February, paid $315 million for a five-hectare apartment site in Erskineville.
- Larry Schlesinger
- Analysis
- Home loans
How property lenders keep turning the screws on borrowers
Tougher income checks, closer scrutiny of spending, bigger deposits and tougher loan conditions are being used as rates further rise.
- Duncan Hughes
NSW plans to expand Tech Central with $3b deck over rail yard
Developing space above rail lines is a highly complex and expensive task and there are many potential pitfalls, a veteran transport architect warns.
- Michael Bleby
Frasers project exit provides Queensland entry for Melbourne’s Moremac
Melbourne-based developer Moremac sees a strong future for housing sales in south-east Queensland, after paying $45m for a 115ha site near Ipswich.
- Larry Schlesinger
- Exclusive
- Commercial real estate
AsheMorgan spins failed retail into office gold
The developer says repositioning efforts at a failed shopping precinct in Melbourne’s Docklands are paying off by tapping changing workplace demands.
- Michael Bleby
- Opinion
- Opinion
Housing could be the new tax reform
Opposition to a housing development in Sydney’s inner west is an example of why one of society’s worst problems hasn’t been fixed.
- Aaron Patrick
