Manufactured assent? The niche housing market on the rise
IndustriesConstruction and EngineeringMiranda MaxwellManufactured housing is in its infancy in Australia, but key macroeconomic trends are in its favour and promise a rosy growth trajectory and...
View ArticleChina's CIC buys Investa property for $2.5bn
Chinese sovereign wealth fund CIC has outlaid almost $2.5 billion for a portfolio of office tower assets being sold by the Investa Property Group in Australia’s largest ever direct office sale. The...
View ArticleCIC tipped to shed Goodman
China Investment Corporation’s $2.45 billion outlay on Investa’s portfolio of Australian skyscrapers has revived expectations the sovereign wealth fund will shed its $1bn-plus exposure to listed...
View ArticleNobel winner sees Aust housing bubble
A Nobel Prize winning economist has cautioned on rising house prices in Australia, warning particularly on price growth in the nation’s two largest cities."You have a pretty good bubble in Sydney and...
View ArticleWanda, Ridong eye more jewels
Dalian Wanda, owned by one of China’s richest men, Wang Jianlin, and Chinese partner Ridong Group are on the hunt for more Australian projects with Wanda searching for a flagship Melbourne site and...
View ArticleBuilding approvals dive in June
The number of building approvals has dived June, as the volatile apartments figure shrank sharply in the month, official data shows.The Australian Bureau of Statistics data showed the number of...
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Australia's housing bright spot is starting to dim
EconomyAustralian NewsCallam PickeringBuilding approvals fell sharply in June, albeit from an elevated level, and now appear to be well past their peak. Residential construction activity will continue...
View ArticleMorgan Stanley to offer Investa rights option
Morgan Stanley is expected to offer Investa Office Fund the option to acquire the rights to its management platform in a move aimed at mollifying the fund’s board after negotiations to internalise the...
View ArticleSyd, Melb lead house price gains
Home prices across Australia are expected to record another strong month of growth, with most of the gains concentrated in Sydney and Melbourne.CoreLogic RP Data will publish its estimate of home...
View ArticleLow rate party for investors ending
The low loan rate party for investors is ending but beginning for owner occupiers, who could be about to enjoy discounted fixed rates and packaged home loan deals.Many lenders, including most of the...
View ArticleMelb home price gains set for record
Home price growth in Melbourne is expected to hit a record high in July after values jumped 4.8 per cent in just 30 days, up from 2.9 per cent growth in June.In Sydney, house prices are expected to...
View ArticleNegative gearing embrace strengthens
Middle Australia has embraced property investment so eagerly that average workers are using real estate tax breaks more widely than ever, escalating the political risks for Labor as it considers a...
View ArticleNew home sales rebound in June
New home sales have bounced back, posting a fifth rise in the first six months of 2015.Sales rose 0.5 per cent in June, seasonally adjusted, the Housing Industry Association's new home sales report...
View ArticleNovion boss named Federation CEO
Federation Centres will be led by former Novion Property boss Angus McNaughton following completion of the companies' merger in June. Mr McNaughton will replace outgoing chief executive Steven Sewell...
View ArticleSyd house prices grow fastest in 13 years
Sydney house prices grew at their fastest annual pace in nearly 13 years in July, highlighting the huge task ahead for Australia's bank regulator to rein in the boom that threatens to destabilize the...
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Australians are less likely to 'survive' home ownership than Britons
IndustriesPropertyWood & Cigdem-Bayram & Ong & SmithThe ConversationBetween 2001 and 2010 roughly 1.7 million Australians dropped out of home ownership and shifted back to renting. More...
View ArticleBoQ hikes rates on investor loans
The Bank of Queensland has joined an ever-growing list of banks who are lifting rates and tightening access to loans for property investors, as Australian lenders look to curb rampant property investor...
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The apartment boom is reaching new heights
IndustriesPropertyFlorence ChongToday’s market is telling the large listed developers to invest in apartments, that demand for traditional housing in Australian cities is changing.Approvals for...
View ArticleMoody's warns on hot housing market
The hot housing market in Sydney and Melbourne is the key risk facing Australia's banking system, according to global ratings agency Moody's, which said it welcomes stiffer regulations on local...
View ArticleAV Jennings lifts profit guidance
Residential property developer AV Jennings has upgraded its full-year profit guidance after expected weather delays for New South Wales projects failed to eventuate.The house and land packages group,...
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