This Month
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.
Woolies upsizes shopping mall offer into mega $500m deal
In one of the Woolworths’ biggest real estate deals yet, a buyer for one of its malls became the owner of 10 centres built already or being developed.
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.
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
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.”
Australians eye near north for property diversification
Australian property investors are increasingly looking offshore as affordability pressures and tighter borrowing conditions reshape how portfolios are built.
Sponsored
by Kinnara Capital
Offshore investors favour Australian market
Australia’s commercial property market is entering a more selective phase as investors reassess risk following the sharp rise in global interest rates.
Sponsored
by Centuria Capital Group
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.
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.
Two Brisbane hotels hit the market with $150m-plus price hopes
Voco and Hotel Indigo in the city’s centre are on the market with a price expectation just under double what was paid for them about nine years ago.
Sydney’s Oaks Hotel sells for $140m in mega pub deal
The deal ties with the sale of Byron Bay’s Beach Hotel as the second-highest price paid for a pub and consolidates the Gallaghers as leading publicans.
Poaching, wage rises to hit strata as apartments boom
There’s a pick-up in new apartments coming, but it won’t last. Even so, it will add to staffing pressure in a sector already struggling to meet demands on it.
Data centres overtake offices in US construction-spending shift
Outlays for data centres surpassed offices for the first time in December as tech companies’ needs for artificial intelligence processing facilities surges.
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 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.
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.
Clough CEO Peter Bennett dies at 59
Peter Bennett, the Perth businessman who spent more than a decade at the helm of construction group Clough, died just two weeks after appearing at a conference.
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.
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.
AirTrunk’s Robin Khuda brings luxe side hustle to St Kilda
The billionaire founder of the data centre powerhouse has put his foot on St Kilda’s historic Fitzroy Street with a $50 million apartment and commercial project.
Builder Built on the hook for $220m defective prison cell claim
The contractor has lost a Supreme Court effort to avoid liability in a Victorian dispute of modular jail cells that leaked and rusted.
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.
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.
Ag fund manager goes nuts for Bundaberg orchards
The six-orchard portfolio will be part of a $600 million vehicle that New Forests manages as part of its $12 billion in assets under management.
Construction giant FDC prepares IPO, brings in bankers
Shape Australia Corporation, capitalised at $563 million, is FDC’s closest listed comparable.
