Mirvac
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
Latest
Lendlease sells down Asian asset ahead of investor showdown
The property giant has moved to simplify its business with the sale of life sciences interests in Asia, with chairman Michael Ullmer reportedly on his way out.
- by Carolyn Cummins
Newstead development to tower over Gasworks
Plans for a third and final tower in Mirvac’s “Sky Precinct” at Newstead have been submitted for council approval.
- by Cameron Atfield
Build-to-rent increases pressure for law reform to underpin new housing
Build-to-rent developers and industry policymakers are applying the blow torch on all layers of government to get legislative reform for the burgeoning sector.
- by Carolyn Cummins
Big Gun malls roar back to life, generating huge sales
Melbourne Central mall has roared back to life as shoppers flock to its Monopoly Dreams store, students meet to hang out and commuters come for lunch.
- by Carolyn Cummins
‘One of a kind’: New building to set ESG benchmarks
Large businesses would need a report with audit-ready data to show what their emissions are, which will be transformational for commercial property.
- by Nicole Lindsay
Property chiefs see green shoots despite tough year ahead
Leading property executives are confident they have the right strategies in place to tackle what they collectively forecast will be another challenging year for office, retail and industrial properties.
- by Carolyn Cummins
Mirvac inks $600m deal aimed at downsizing Baby Boomers
Property giant Mirvac will buy 27 land lease communities – where the home is owned but the land is rented – moving into the growing affordable housing market.
- by Carolyn Cummins
Trophy office and retail assets to test buyer’s appetite
Fund manager ISPT is offering up a portfolio of retail and office properties worth about $600 million across Sydney and Melbourne.
- by Carolyn Cummins
Collins Street kicks goal in fourth quarter
It has been a lean year for Melbourne CBD office transactions, with potential buyers pitching lowball prices to vendors.
- by Nicole Lindsay
Former Mirvac executive claims he was under duress when he drove away in taxi
Brett Henson has pleaded not guilty to taking the vehicle, driving recklessly and under the influence of alcohol in Sydney’s CBD in November last year.
- by Sarah McPhee and Georgina Mitchell