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Commercial real estate

This Month

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Luxury apartment prices jump by $125,000 as war sends build costs soaring

Rising energy costs are quickly making their way through the construction sector, posing a further threat to the feasibility of projects.

Southgate Inn in South Tamworth has sold to IMG Hotels.

Pub boom rolls into Tamworth with $160m sale of five venues

In one of the highest prices achieved for a portfolio sale outside the capital cities, the venues in the NSW town have sold to family-run IMG Hotels Group.

Saint Haven’s South Yarra club will feature a new medical centre with on-site doctors, access to Prenuvo MRI’s and IV therapy.

Billionaire leans into longevity at Saint haven clubs

Property developer and wellness entrepreneur Tim Gurner is homing in on his super wealthy members and their desire for treatments claimed to lengthen life.

Inside the bureaucratic chaos over the future of Merivale’s Club Rose Bay.

Inside the bureaucratic chaos over the future of Merivale’s Club Rose Bay

Woollahra Council wants to shut down the billionaire’s beer garden, but says Paul Scully must make the decision on the site. “It’s your call.”

Looking to the exit: Tony Lombardo is stepping down from his role as CEO of Lendlease.

Relegation day: Lendlease dropped from ASX 100

The company that once dominated Australian construction and development has yet to recover from a decline that started more than two decades ago.

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Sydney silk Brian Dooley is selling the Courthouse Hotel after almost 40 years of ownership.

What this Sydney silk learnt behind the bar (of his own pub)

It was serendipity that a budding Sydney barrister purchased a venue called the Courthouse Hotel nearly 40 years ago. Now, Brian Dooley is calling time.

Investor Manulife has put up for sale its 3908-hectare Lachlan and Murrumbidgee portfolio of two non-contiguous almond-growing properties, situated on the banks of the Riverina region’s Lachlan River.

Manulife puts $110m almond aggregation up for sale

The Canadian investor’s divestment comes at a time of geopolitical instability that makes institutions look favourably at food-producing land assets.

Lifestyle Communities CEO Henry Ruiz.

Lifestyle Communities waiting for market upturn to grow, CEO says

After adding a second US property giant to its share register, the land lease operator says it has plans to expand once the market settles.

Henry Ruiz was appointed CEO of Lifestyle Communities last year.

JPMorgan nabs Lifestyle Communities block trade, eyes on Hometown

HMC Capital was reportedly the seller, and a subsidiary of US-based prefab giant Hometown America was the buyer.

The Atlassian office building in Haymarket.

Empty floors at Atlassian HQ a sign of things gone awry

The software giant signed off on a massive Sydney skyscraper five years ago, at the height of its power. Now it is trying to find tenants for all the space.

MA Financial supersizes marina fund with mega Gold Coast deal

The case for the $500m marina fund is the lack of berths relative to the number of boats needing space, and the squeeze is particularly acute for superyachts.

A nervousness is brewing across Australia’s hotel sector as the Middle East conflict continues and international flights inbound and outbound are affected.

Aussie hoteliers count their bookings amid turmoil in the Middle East

Hoteliers are gearing up for disrupted travel plans and cancelled bookings by international guests, but there could be a silver lining if domestic tourism picks up.

Richard Massey is the head of real estate in Australia and New Zealand for GIC.

Singapore’s GIC is coming to the shopping mall near you with new JV

The local real estate team of $1.28 trillion sovereign wealth fund GIC has hit the ground running in 2026.

Glenn Piper’s Epochal Hotels has acquired the Port of Airlie in Airlie Beach, QLD

Pub baron snaps up marina for $20.75m

Hospitality star Glenn Piper has upsized in a strategic move to complement the $45 million eco-lodge resort he’s building on the Whitsundays’ Hook Island.

Blackstone’s Joan Solotar says the best way to navigate the dramas in private credit is with transparency.

‘We won’t hide’: Blackstone’s Aussie push amid private credit pain

The woman behind Blackstone’s giant wealth management business says the private credit crisis is just noise, and the only way to fight it is with transparency.

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Under review: the NSW government is investigating whether the beer garden is on Crown land.

Hemmes’ Club Rose Bay under review over beer garden saga

The pub king’s latest venue is winning patrons, but has also drawn the attention of the local council and NSW government. The neighbours aren’t happy either.

Old shopping centre in Sydney’s north slated for $1.2b makeover

Chatswood’s well-known but faded Mandarin Centre could be redeveloped into a 32-storey apartment and retail tower. Developers seek a fast-tracked approval.

AirTrunk founder and CEO Robin Khuda’s recutting the company.

AirTrunk’s Robin Khuda enters his third act – finding more cash

Insatiable demand for artificial intelligence could turn the Australian data centre giant into a $100 billion company faster than anyone expected.

February

Ben Connolly, Citi’s Co-Head of Capital Markets and Advisory in Australia.

‘Get set for raisings, buyouts’: top banker’s call on property stocks

Australia’s listed property sector has grown strongly and is now the second biggest globally. That is registering on the radar of investors around the world.

Morgan Stanley’s Tim Church-led real estate team has led several marquee transactions over the past five years.

Take me to Church: Morgan Stanley unveils reshuffle of its top brass

Tim Church has helped the investment bank snare plenty of noteworthy deals, including Scape Australia’s $3.85 billion acquisition of Aveo last year.