Newman’s billion dollar masterplan unveiled for Brisbane’s CBD
Queensland Premier Campbell Newman has today announced a new Master Plan proposal that will release several significant land parcels for redevelopment within the Government Administrative Precinct. Under the plan, the Government is now…
“Something that no one can imagine”: Lowy on NYC WTC redevelopment
Australian retail giant Westfield has this week announced the signing of a $1.25 billion joint venture with the Port Authority of New York and New Jersey to lease the retail space at New…
Accor finalises $320m sale of Mirvac Hotels & Resorts
Paris-based hotel giant Accor has today completed its purchase of 43 Mirvac Hotels and Resorts in a deal worth over $320 million. Mirvac received $293 million in cash from a consortium comprising Accor…
Developers eye $175m residential boost in Cairns
Cairns’ besieged property market is set to be revitalised with the announcement of a new $175 million residential development. Located on the site of the former Woree drive-in theatre, local developer Jason Guarrera…
Brisbane unit sales “strongest in a decade”: Walker
Results at the end of the March 2012 are phenomenal. The market well and truly over performed. The results are the strongest we have seen in over a decade and many agents, investors…
Frasers and Sekisui hit The Mark in Central Park
Frasers Property Australia, in joint venture with Sekisui House, are finalising plans to launch the third residential stage in the $2 billion Central Park development in Sydney’s inner southern suburb of Chippendale. Located…
Underwater hotel becomes Dubai reality
Dubai government-owned shipbuilder Drydocks World has signed a Memorandum of Understanding (MOU) with Big InvestConsult AG on behalf of Deep Ocean Technology (DOT) as the sole construction contractor of a luxury underwater hotel…
Charter Hall, Flagship Holdings launch 685 Latrobe
Charter Hall and Flagship Holdings have commenced marketing on a 37,200 square metre commercial office development in Melbourne’s Docklands, looking to capitalise on the Melbourne commercial market and the growing success of the…
Up to $1b of tax breaks for green developers scrapped: Budget
Up to $1 billion of tax breaks available to property developers have been scrapped as part of the 2012-13 Australian Federal Budget. Climate Change and Energy Efficiency Minister Greg Combet announced that the…
Eliza’s excavation feat in Elizabeth St, Sydney
Innovative Sydney developer Ceerose had to think ‘inside the square’ when excavating on a confined 290sqm block in busy Elizabeth Street for its 17-storey residential tower Eliza. Hemmed in by tall buildings, constricted…
