Getting Started in Property Development: A Beginner's
Commercial real estate, such as offices, retail, hotels and industrial property. Every one of these asset classes involves a sub-market that operates at its own pace that is governed by a different set of factors which combine to create one large and complex property market.
Actived: 4 days ago
Recovery in Real Estate Reveals Opportunity
(6 days ago) Recovery in Real Estate Reveals Opportunity. While Covid was undoubtedly the biggest disrupter for many across the industry, Fiveight chief executive John Meredith says the pandemic has created openings across property sectors. “I'd say the main thing that it has done is it's probably been a catalyst for assets to come to market that probably
Top 100 Global Real Estate Firms Revealed
(4 days ago) The top 100 real estate list, has been revealed on Estates Gazette’s new global property investment website. Only the US, China, Japan and Germany have larger GDPs than the collective value of EG’s Top 100 real estate global property owners. The total value this …
The Essential Phases of a Development Lifecycle: A
(9 days ago) Commercial real estate, such as offices, retail, hotels and industrial property. Every one of these asset classes involves a sub-market that operates at its own pace that is governed by a different set of factors which combine to create one large and complex property market.
Domain Says ‘Go Phish’, Warns Renters of Scam
(3 days ago) Real estate listings site Domain is warning renters to be wary of emails suggesting they pay a deposit to secure a property after the site was targeted by a phishing scam. Domain chief executive Jason Pellegrino, pictured, said it had not been a cyber attack but rather a phishing scam specifically aimed at people who made rental property enquiries.
Dealt Creates New Finance Marketplace
(Just Now) It enables real estate developers, investors and introducers to pitch qualified commercial projects to lenders. The dealt platform links developers and investors with major non-bank lenders, family offices and credit funds that are all actively seeking real estate finance opportunities, streamlining the process.
6 Ways To Decrease Risk In Property Development
(2 days ago) Rebekah Blake of SMSF Property Capital suggests these six strategies to minimise your risk: 1. No Debt. If there were one way to decrease risk in property development, this would be it. Firstly, you must be exceptionally sure that you want to give away security over your development, and understand every risk you are willing to take.
Major Land Parcel in Melbourne Growth Corridor Hits the Block
(6 days ago) A large scale development site with precinct structure planning approval has been launched to market by RPM Real Estate Group in one of Melbourne's fastest growing corridors. Adjoining Lendlease’s acclaimed Atherstone Estate, 1152-1154 Mount Cottrell Road Strathtulloh offers the potential to deliver more than 450 lots.
‘Rising Risks’ Could Burst Housing Market Bubble
(1 days ago) Queensland housing market. Peleg said unemployment, under-employment and spare capacity in Queensland's labour market had noticeably increased in January 2020 and was unlikely to substantially improve in the near future. The unemployment rate grew from 5.7 per cent in December 2019 to 6.3 per cent in January 2020, with regional areas carrying a
Sydney Housing Market Insights: June 2021
(1 days ago) A recent report from ANZ predicts Sydney house prices will rise to a strong 19 per cent through 2021, before slowing to 6 per cent in 2022, with most segments exhibiting strong price appreciation other than the inner city and high-rise apartment market. NAB has predicted Sydney’s house prices will rise by 17.5 per cent over 2021, while
Chinese Investors Tipped to Return This Year
(5 days ago) Chinese investors will re-enter the Australian real estate market in the second half of this year according to Asian proptech company Juwai. Australian real estate attracts more than six times the Chinese GDP-adjusted investment than that of the United States, but it has dropped significantly due to travel bans during the Covid-19 pandemic.. Chinese investment enquiries in Australian real
Gold Coast Approves 350 Hectare Suburb
(8 days ago) Pacific View Estate is the largest land development in the Perron Group’s portfolio. Perron group have a development management agreement with CRA group on the project. The group also control development sites in Western Australia, and is a part-owner of the Runaway Bay Centre shopping centre also on the Gold Coast.
What Will Be The Trigger For Commercial Real Estate
(7 days ago) For example, the Sydney CBD office market is arguably the most expensive commercial real estate market in Australia with the average Prime yield just 4.6%. Whilst CRE yields continued to compress, bond yields spiked upwards with the 10 year government bond yield rising about 100 basis points (bps) between August and December 2016 to around 2.8%.
Westpac Forecasts 20pc House Price Gains
(Just Now) Westpac Forecasts 20pc House Price Gains. Westpac is forecasting 20 per cent gains in the housing market over the next two years. In a report released Monday, the banking institution’s chief economist Bill Evans said he was expecting dwelling prices to rise 10 per cent nationally in 2021, and said the pace would continue into 2022, off the
10 Of The Most Expensive Caribbean Homes
(7 days ago) The Girasol Estate offers unrivalled luxury and living comfort. Both the habitat and its surroundings are a winning combination, giving the impression of a 'green oasis'. Originally built by banker and businessman Benjamin de Rothschild, Girasol Estate offers covers a total area of more than 7 acres, bordering the sea, with a 175 yard beachfront.
Digital Home Buying Portal Swooper Launches in Australia
(5 days ago) With the mission of reinventing real estate in the buyer’s favour, Swooper has introduced its cashback policy that buyers can potentially get the property with a deposit of as little as 2 per cent to 3 per cent so as to enter the property marketplace easier and faster. The portal has processed several offers, with some acceptance already.
A Great Property Marketing Plan 7 Best Practices
(9 days ago) Research your property market. Invest the time to conduct property market research to have a clear understanding of: - Who the market is. - What product, price and amenities they are looking for. - Who the competitors are, what they are marketing and how they are communicating it. The deliverables of each may vary depending on the project size
Nicholas Building On The Block for $80m-Plus
(1 days ago) Real Estate Taryn Paris Mon 21 Jun 21 Melbourne’s historic Nicholas Building has been listed for the first time in almost 50 years. The 11-storey tower was built in 1926 for brothers George and Alfred Nicholas, founders of the aspirin brand Aspro, and was designed by architect Harry A Norris, one of the city’s most successful architects of
Federal Budget 2021: Property Hits and Misses
(Just Now) An extra 10,000 places will be made available under the New Home Guarantee, allowing first homebuyers to buy a place with a 5 per cent deposit. People saving for their first home deposit will be able to put away up to $20,000 extra in voluntary contributions as part of the First Home Super Save Scheme. [+] Budget 2021: What It Means for Property.
Dyldam Group Creditors Chase $500 Million
(3 days ago) McGrathNicol was appointed as receiver on January 5 for 22 entities and development sites connected to the Dyldam Group following ongoing financial woes for the western Sydney real estate developer. Lauded as one of Australia’s biggest builders and developers of apartments, Dyldam Group has been plagued with financial problems and litigation
Industrial Developers Get Inventive in Roaring Market
(6 days ago) Industrial real estate covers a huge gamut of different property types—sub-sectors include e-commerce, manufacturing, food logistics, cold storage and data centres. Similar forces are driving change across the sector, with automation, robotics and AI and a huge focus on sustainability among some of the mega trends.
Covid-19 Real Estate Restrictions Ease for NSW
(9 days ago) Covid-19 Real Estate Restrictions Ease for NSW. Open for inspections and on-site auctions will start again this weekend as real estate restrictions ease in NSW, while Victoria and Queensland remain in a virtual lockdown. The state with the highest number of Covid-19 cases in the country follows the lead of WA and NT who lifted some restrictions
2018 Rich List: Top 10 Property Players
(2 days ago) The 2018 Financial Review Rich List has been released, featuring 200 of Australia's wealthiest people.. It is an unprecedented era of wealth in Australia, with 16 billionaires added to this year's Rich List. And property is king: with twice as many billionaires making their fortunes through real estate …
Melbourne Housing Market Insights: June 2021
(4 days ago) Melbourne housing market forecasts. Westpac is expecting Melbourne dwelling values to rise 10 per cent in 2021 and 2022, with the market moving into a sustained boom. In February, CBA forecast property prices would rise by 8 per cent in 2021 and 6 per cent in 2022, with house prices to rise 16 per cent in that time and unit prices by 9 per cent.
Melbourne Houses Over $1m Mark for First Time
(4 days ago) ^ Real Estate Institute of Victoria’s quarterly March report Regional Victoria was the initial leader of the exodus to an “affordable lifestyle” trend. The REIV data showed houses in regional Victoria surpassed $500,000 for the first time, a 4.1 per cent increase from the December quarter, and up 12.3 per cent annually.
What Does the NDIS Mean for the Property Industry
(Just Now) What Does the NDIS Mean for the Property Industry? A new housing market specifically for people with disability is emerging across Australia. In July 2016, the National Disability Insurance Scheme (NDIS) introduced a funding stream to build new accessible and affordable housing for …
Brisbane Housing Market Insights: June 2021
(3 days ago) Brisbane housing market forecasts. NAB had previously predicted a rise of 14 per cent across all capital cities over 2021, but NAB Group chief economist Alan Oster said the bank had upgraded this to 16 per cent rise in Brisbane. ANZ economists forecast Brisbane house prices will rise by 9.5 per cent next year, as low interest rates and
Who are the Top Owners of Office Space Globally
(1 days ago) TH Real Estate secured a 50 per cent interest in North Sydney’s 101 Miller Street the following year. The asset offers 46,000 square metres comprising 27 levels of office accommodation. The same year TH Real Estate acquired a 50 per cent stake in Melbourne’s 699 Bourke Street for $74.5 million, while the property was still under construction.
Numbers Don’t Stack Up for Sydney Build-to-Rent
(6 days ago) The managing director of real estate consultants EG Advisory and an adjunct professor of engineering at the University of NSW Shane Geha said return on investment was the main problem facing build-to-rent. Build-to-rent apartment blocks are built specifically to be rented, and held in single ownership to generate long-term income.
Real Estate, Construction Sector Respond to Roadmap
(4 days ago) The construction and real estate industries remain on Victoria’s tightest lockdown levels, with restrictions to reduce on 28 September and 26 October respectively. Corelogic reported only 28 auctions on the weekend compared to 765 last year, and two-thirds of those were withdrawn, driving the clearance rate to 33.3 per cent.
Australia’s Housing Boom ‘Not Unique’: BIS
(7 days ago) Real Estate Taryn Paris Tue 23 Feb 21. Australia’s Housing Boom ‘Not Unique’: BIS. As Australia emerges from Covid-shock and property prices are tipped to grow 20 per cent over the next two years, BIS Oxford Economics says the nation is not alone in its housing boom.
Celebrity Byron Bay Retreat Hits the Block
(2 days ago) Celebrity Byron Bay Retreat Hits the Block. Olivia Newton-John and co-owners of the internationally acclaimed Gaia Retreat and Spa in Byron Bay’s hinterland have put the property on the market. Located in the lush hinterland 21km south-west of Byron, Collier’s agents Karen Wales and Gus Moors have been appointed to the sale and are
Queensland on Cusp of Property Boom
(8 days ago) Real Estate Taryn Paris Tue 23 Feb 21 Queensland is booming according to Westpac’s Housing Pulse Report. Senior economist Matthew Hassan said the state’s markets were now very tight with “sales running well ahead of listings and extremely tight rental vacancy rates in …
Byron Bay Watering Hole Sells for $80m
(Just Now) Byron Bay’s real estate fortunes continue to rise within a very heated property market. House prices from Ballina to Kingscliff are leading the regional residential market growth, performing twice as well as capital cities. Houses in the region, which includes Byron Bay, Suffolk Park and Lennox Heads as well as hinterland villages such a
Historic Newcastle Hotel Hits the Market
(9 days ago) Newcastle’s historic Grand Hotel is for sale after a 30-year tenure as the pub market stays hot on the east coast. Long-term owner Mike Angus appointed JLL Hotels & Hospitality Group and Moore & Moore Real Estate to run an expression of interest campaign after “numerous unsolicited offers” on the Victorian-era corner pub.
Who Are The Top 10 Richest Real Estate Tycoons
(7 days ago) Joseph Lau is a Hong Kong real estate investor who owns a 61% stake in Chinese Estate Holdings, one of Hong Kong's largest real estate investors. Another wine lover, it is estimated that Lau owns more than 10,000 bottles of red wine as well as …
What Does The Yuan Devaluation Mean For Real Estate
(9 days ago) 5) What about cross-border real estate capital flows in and out of China? Chinese cross-border capital outflows into commercial real estate have grown rapidly, reaching US$11.7 billion last year (5). Halfway through 2015, its global real estate investment totalled US$6.6 billion, up 19.7 per cent on the same period last year (6).
Music Mogul Picks Up Troubled Resort Island for $20m
(7 days ago) Troubled Queensland resort Dunk Island has been purchased by Sydney music entrepreneur Mark Spillane in a deal worth $20 million. Dunk Island, one of only three freehold islands on the Great Barrier Reef, is 4km east of Mission Beach in Far North Queensland. The 4.5-star Dunk Island resort was an internationally-famous destination with 160
Elanor Picks Up Brisbane Health Centre for $37m
(Just Now) The Woolloongabba Community Health Centre was acquired for $37 million and is the third property in the ASX-listed group’s Elanor Healthcare Real Estate Fund. The sector has pushed ahead of office and retail assets during Covid-19 with major real estate investment trusts building portfolios.
Centuria Bumps Up Industrial Portfolio to $3bn
(1 days ago) Centuria Industrial Real Estate Investment Trust has forked out $86 million to add three new industrial properties to its $3 billion portfolio. According to a statement, the newly-acquired properties have a blended initial yield of 5 per cent and a portfolio weighted average lease expiry (WALE) of 5
Real Estate Startup Joins $1bn ‘Unicorn’ Club
(6 days ago) Real Estate Startup Joins $1bn ‘Unicorn’ Club. New York-based commercial real estate tech firm VTS has raised $130 million in a Series D round of funding, believed to be the largest venture financing in the history of commercial real estate software. The seven-year-old company has raised to nearly $290 million with analysts valuing the
Hudson Yards: The Largest Development In U.S History
(7 days ago) Hudson Yards: The Largest Development In U.S History. Since breaking ground more than four years ago, progress has steadily continued on the largest private real estate development in U.S history. Husdon Yards is considered the largest development in New York City since Rockefeller Centre and the buildings that make up the project have been
Australia’s Richest Property Players: 2019
(3 days ago) When it comes to the Australia's wealthiest, property is king. The List: Australia’s Richest 250, published by The Weekend Australian, has chronicled the nation's wealthiest citizens, including 96 billionaires and 15 aged 40 and under with an average $1.27 billion fortune.. Topping this year's list is Visy executive chairman and owner of Pratt Industries, Anthony Pratt, who boasts a fortune
Behind The Rise And Rise Of Australia's Self-Storage Sector
(Just Now) Over the decades, the self-storage sector has evolved from a series of ‘sheds’ into an established commercial real estate asset class comprised of major institutional investors and large private owners. Today, the two major players in Australia - National Storage and Kennard’s Self Storage, have together almost 1,000,000 square metres of
Kew The Next Target For Childcare Operator ACP
(1 days ago) Kew The Next Target For Childcare Operator ACP. Expanding childcare developer and operator Australian Childcare Projects (ACP) has staked its claim on a corner site in Melbourne’s affluent suburb of Kew. CBRE’s Gianni Macdonald and Paul Tzamalis negotiated the 1,000sqm deal with Damian Hall – National Acquisitions Director of ACP.
ESR Plans $450m Industrial Estate in Western Sydney
(8 days ago) ESR Plans $450m Industrial Estate in Western Sydney. Asia-Pacific logistics platform ESR is planing a major industrial estate in western Sydney’s under-construction Aerotropolis. ESR has lodged plans for a 160,000sq m prime logistics estate, comprising seven facilities across a 32ha site in the developing Mamre Road precinct.