Collapse of $61m pub deal casts fresh gloom over Oxford Street
The two pubs were sold last year with grand plans to create an Ivy-style mega-complex on Taylor Square. Those prospects appear to be dashed.
- by Michael Koziol, Carolyn Cummins and Ben Grubb
Latest
Hotel branded residences transform luxury city living
Upmarket apartment homes that are managed by luxury hotel chains, are gaining momentum as developers and buyers recognise the lifestyle and investment benefits.
- by Carolyn Cummins
Australia’s office block problem is getting worse
Office property valuations have collapsed by more than 10 per cent and alarm bells are ringing that they could fall even further.
- by Carolyn Cummins and Simon Johanson
How this property giant is waging war on office waste
One property fund and landlord is doing its bit for the environment, and saving money.
- by Carolyn Cummins
Pub sales reach $100m as old-time operators flood back in
Pub operators and investors are rolling back into the sector, with close to $100 million in sales completed in the past few weeks.
- by Carolyn Cummins
Exclusive
City life
‘Beating heart of Sydney’: Luna Park is up for sale
The amusement park’s toothy entrance will need to charm a new set of buyers for the first time in 20 years - at a pretty price.
- by Megan Gorrey and Carolyn Cummins
Microsoft, Macquarie pump billions into power hungry data centres
The global heavyweights are joining with Goodman Group and ploughing billions of dollars into new data centre developments.
- by Carolyn Cummins
Converting stranded offices into warehouses: Can it happen?
It’s a question occupying minds in the property industry as office occupancy dwindles and little used buildings face redundancy.
- by Carolyn Cummins
Investors give Lendlease a tick for overhaul amid warning it ‘will not be easy’
Investors are positive about Lendlease’s restructure, but there will be short-term pain while the process is under way to achieve long-term gain, analysts warn.
- by Carolyn Cummins
Lendlease exits overseas assets as it announces overhaul
The property giant will incur costs of up to $1.475 billion as it shifts away from the overseas construction markets and focuses on its Australian businesses.
- by Carolyn Cummins
Lendlease investors to demand answers at Monday showdown
Embattled chief executive Tony Lombardo will outline the global property giant’s direction, with investors bracing for a barrage of changes.
- by Carolyn Cummins and Simon Johanson