Housing affordability has taken another hit following the Reserve Bank of Australia's (RBA) decision today to increase the cash rate by 25 basis points to 6.5 per cent.

Homeowners will be forced to tighten their belts in the wake of this month’s interest rate rise, the Real Estate Institute of South Australia (REISA) said today.

Who said corporate altruism is dead?

A private investor has paid a low “Melbourne-like yield” for a 3,000 square metre Coles supermarket in the regional town of Bendigo.

A relatively small lease deal to Japanese trading company Mitsui, may have just filled Investa’s 120 Collins Street office building.

Findings from a Macquarie Direct Property financial adviser survey released this week, show commercial property in Europe will present the best growth opportunity for property investors in 2007.