Office
residentialLow interest rates to spur strong residential building recovery over next three years: MBA
Masters Builders Australia forecasts the value of residential building work done, in real terms, to grow from $46.2 billion in 2012-13 to $60.9 billion in 2015-16.
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industry newsJohn Gandel, Stan Perron and Sir John Pidgeon join 2012 inductee Westfield’s Frank Lowy in Property Council’s hall of fame
John Gandel, Stan Perron and Sir John Pidgeon join Frank Lowy, Dick Dusseldorp and Ray Powys in the Property Council of Australia hall of fame.
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officeHeritage Melbourne office property and former CBD horse stables sells to local developer for $8.5 million
The narrow 36-40 LaTrobe Street site,is the former premises of the Burton Livery and Bait Stables built in 1890.
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hammer pricesTea importer pays $290,000 for office and warehouse in Melbourne's sought after south-east
Industrial property leasing demand is high in Melbourne's south-east with rents stable or increasing slightly, according to valuers Propell.
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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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reitsGPT set to resume takeover talks with Australand but block share trade still possible: Street Talk
There has been no official announcement from either GPT or Australand about a resumption of talks.
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officeOffice-to-retail conversion a growing CBD trend as ground floor space dries up: Colliers International
International retailers are struggling to find large ground floor spaces in the Melbourne CBD.
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officeSydney CBD remains the capital for big business headquarters: Chart of the week
Sydney remains the preferred location of choice for Australia's biggest companies with around 36% of the companies listed on the S&P ASX 300 headquartered in the city.
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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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foreign investmentProperty Council warns against further tinkering with offshore investment rules
Last year, the government doubled the withholding tax rate on distributions to offshore investors from 7.5% to 15%.
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