This Month
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.
Snows’ $500m Canberra office bet pays off as big tenants sign up
The government deals account for most of the office space in the 65,000-square-metre project as the billionaire property family moves into its next generation.
Stockland goes for big data centres with EdgeConneX
The ASX-listed developer is cutting exposure to office property as it takes on opportunities in the booming data centre sector.
February
Sheds and beds: Stockland’s plan for mega site near Sydney Airport
New documents show the developer is planning more than just warehouses on its key new site near Sydney Airport.
Japanese giant exits $1.8b Salesforce Tower, Singapore investor enters
The investment trust has bought Mitsubishi Estate’s stake in Sydney’s tallest tower for $357.2 million, joining other investors Lendlease and Chinese insurer Ping An.
Inflation above forecasts; WiseTech announces massive job cuts; AI threatens office property
Read everything that’s happened in the news so far today.
Office property just got through the WFH shock. Now AI is coming
Workspace demand in Australia is positive in all markets. But now the sector is trying to figure out what artificial intelligence and its job losses might mean.
Lendlease loses $318m in first half of ‘transitional’ year
The investor, developer and builder said the timing of any share buyback would hinge on how quickly it can get its ballooning debt back to its target level.
Mirvac rides pick-up in housing market, raises dividend
The ASX-listed property developer, investor and fund manager says it is positioning itself for better development conditions to come.
Dexus CEO Ross Du Vernet struggles to find the words
The property giant’s lawyers may have their work cut out if they’re planning to call the CEO to the stand in its Melbourne Airport court case in April.
Stockland promises step-change in housing settlements this year
As interest rates rise, the company is remaining cautious, keeping its guidance unchanged after a strong first half.
Future Fund CEO’s got eyes on more office space
The agency is also renovating its expanded office, though happily for taxpayers the bill is far less than the Reserve Bank is clocking for its building revamp.
Listed landlord braves headwinds in office market
Centuria Office REIT is confident it’s passed the inflection point for its sector, despite vacancy rates ticking up across CBD and suburban office markets.
January
‘The time is right’: Billionaire Lederer opens up funds platform
Billionaire Paul Lederer has 50 years of investment nous, building his own property portfolio. He’s putting that on the line in a funds management business.
December 2025
Lendlease to develop $2.2b tower above Hunter Street Sydney Metro
The commercial tower above the terminus of the city’s next heavy rail line gives a big boost to Lendlease’s Australian pipeline.
Lendlease gearing to surge on settlement delays from asset sales
The property investor and developer has a lot of work to do to get net debt back down to its target of 15 per cent by financial year-end.
Mega deals send property investment past $50b in 2025
Big investors had been holding back, waiting for the downturn to work through the property sector. This year’s deal tally shows the recovery is under way.
Billionaire Lederer goes to Canberra for $300m office tower deal
The Canberra deal is one of the biggest moves Paul Lederer has made in the real estate market since selling a $300 million portfolio of malls four years ago.
November 2025
Ed Craven’s Easygo to quit Collins St for larger ‘Silicon Yarra’ digs
The billionaire’s crypto casino business and other companies are taking enough space for a 76 per cent increase in staff.
Lendlease will sell down key $2.8b retail fund
It’s a blow for the property giant, which won a battle against super fund investor Hostplus last month to hold on to the fund management rights.
