Commercial
newsAnxious wait for creditors and contractors as 30 St Hilliers projects worth $300 million stuck in limbo
Work has stopped on 30 building projects worth $300 million across Australia following the collapse of the construction arm of St Hilliers.
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retailMelbourne’s Bourke Street mall rents trump Sydney’s Pitt Street mall as most expensive for first time in a decade: CBRE
Sydney super-prime retail market has failed to recover after slumping last year.
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officeCharter Hall pays $96 million to complete 100% acquisition of Perth office tower
Charter Hall has paid $96 million to acquire the remaining 50% interest in 225 St Georges Terrace, a 19-level A-grade office building in the Perth CBD.
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commercialCommercial hammer prices
Property Observer reviews the latest commercial leasing deals by the numbers, including the amount a development site in South Melbourne’s famous Dorcas Street sold for.
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officeWest Perth office market tightening as mining boom drills into established stock
Savills Research’s Spotlight on West Perth found that office vacancy rate there is 4.4% – down from 5.4% in January 2012.
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officeNorth and South America best-performing prime global office market in first quarter of 2012: CBRE
Asia-Pacific capital values grew by 8%, making it the second most attractive region for investors during the quarter.
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retailWith 640 new leases signed and rents up, Westfield records ‘modest’ sales growth
Shopping centre owner and landlord Westfield has reported “modest growth” in speciality retail sales in its Australian shopping centres for the first three months of the year.
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leisureWolgan Valley Resort highlights Aussie luxury resorts have a place, despite our egalitarianism: Christopher Joye
Gaia health retreat in NSW has world-class facilities, is serious about health, and yet not draconian in imposing its vision unilaterally on guests.
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commercialCommercial leasing: Watch this space
Property Observer reviews the latest commercial leasing deals by the numbers, including the estimated rent per square metre that fashion retailer Marcs will pay to lease its flagship store in the Melb...
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taxIt's time for a major change to stamp duty
Stamp duty remains a barrier to everyone in the housing market, young and old, as its result is that people are reluctant to move.
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