Leisure
leisureQuest lists Sydney Olympic Park serviced apartments as appetite for Australian hotels rises
The group is looking to free up cash to fund the development of more than a dozen new serviced apartment projects and tap into growing investor demand for Australian hotels.
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commercialFederal budget a hit and miss for commercial property sector: Cushman & Wakefield
The housing market is a critical driver of the broader economy and the commercial property sector by extension says Cushman & Wakefield managing director David Woolford.
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commercialCommercial mortgage commitments up 1.5% in March: ABS
The rise in March and February followed a 9% fall in January with commercial lending continuing to trend downwards.
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leisureMarilyn New exits Perth hotel scene with Esplanade River Suites sale to Chinese hotel group Narada
Narada bills itself as one of the Top 10 hotel groups in China and among the Top 100 in the world, managing 15,000 guestrooms in 11 provinces in China.
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leisureSix vineyards for sale that might tempt those fond of the odd drop
For those who enjoy the odd drop and have a lazy million dollars at hand, there's six vineyards presently for sale which might fit the bill.
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leisureRupert Murdoch buys a drop of tinseltown movie pedigree with Bel Air vineyard, Moraga acquisition
Rupert Murdoch is currently in escrow to buy the Moraga Vineyards Estate at Bel Air.
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leisureSir Richard Branson seeks the $850 a night democratisation of his Noosa getaway, Makepeace Island
Under the plan - subject to Sunshine Coast council approval - guests will pay around $850 per person per night with a minimum three-night stay.
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victoriaPoint Nepean quarantine station available for leasehold tourism operators
As part of its plan to develop Point Nepean National Park, the Victorian government is offering a heritage listed quarantine station for lease.
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residentialCommercial property and shares offer better returns than residential property yields: AMP’s Shane Oliver
In the current low interest rate environment, Shane Oliver says that housing rental yields are “relatively low at around 4%, less once allowing for costs".
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new south walesVoodoo bar to animate former Clarence Street, Sydney car parking space
A new voodoo-themed bar is set to launch in a vacant car park in Sydney.
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