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The Tivoli, Fortitude Valley, For Sale

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Saturday, 30 June 2012 00:12

POPULAR music venue The Tivoli in Fortitude Valley, Brisbane, will be auctioned next month.

The Brisbane business and freehold is being sold by the O’Rourke family.

The art deco building, developed in 1917 according to its website, will host upcoming performers Rick Astley and Jose Felliciano.

Website did not publish an expected sale price. The hotel sits on a 2160 square metre block.


TAL Leases 10,500 Sq m in Sydney CBD

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Wednesday, 27 June 2012 03:00

THE life insurer formerly known as Tower, and now, TAL, will relocate across from Sydney’s north to the CBD after committing to lease 10,500 square metres at 363 George Street, near Martin Place.

TAL will leave Milsons Point and Albert Street which it has called home for 40 years. The move will bring together the company’s 850 staff – including some currently located at another Martin Place office.

It’s new George Street office will spread across 12 levels. It fills part of 60,000 square metres being vacated by the Commonwealth Bank (which is moving to the Darling Quarter).


Olivia Newton John Cancer and Wellness Centre Opens in Heidelberg, Melbourne

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Friday, 29 June 2012 00:00

TWENTY years after being diagnosed with breast cancer, Australian entertainer Olivia Newton-John opened a landmark rehabilitation centre in Melbourne’s north-east this month (pictured, far right).

Olivia Newton-John thanked the Baillieu Liberal government for finalising funding for the $189 million Olivia Newton-John Cancer and Wellness Centre, which includes day and radiation oncology and complementary therapies such as acupuncture, massage, yoga, meditation and homeopathy.


British American Tobacco Australasian Plant, Pagewood, Sydney, to be Redeveloped

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Friday, 29 June 2012 00:37

PLANS for a $56 million rebuild of British American Tobacco’s Australasian plant in Pagewood, Sydney, have been approved.

Much of the existing plant will be demolished and  replaced with a smaller facility, according to the AFR.

Some 60 per cent of the 16.5 hectare site will be sold for residential and commercial redevelopment.


Fairfax, News Limited to Sell Property Assets

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Monday, 25 June 2012 00:00

Fairfax saviour: entrepreneur Gina Rinehart

CHANGES to the media landscape announced this week will result in a shake-out of commercial assets all over Melbourne.

Fairfax, publisher of The Age, is expected to make between $20 - $25 million for its high-tech printing and distribution facility near the Melbourne Airport in Tullamarine, abutting the Tullamarine Freeway (pictured, below).

Fairfax paid $5.6 million for the six hectare piece of former farmland in 1999 – then spent another $220 million building the existing printer which included machinery from Germany and Switzerland.


Australia's Biggest Council Blames Carbon Tax For Chunk of Upcoming Rate Rises

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Tuesday, 26 June 2012 05:20

THE federal Labor government’s carbon tax has been blamed for a spike in rates, to be passed on by Australia’s largest council next financial year.

Brisbane Lord Mayor Graham Quirk said the average ratepayer will face an increase of $54.62 per annum – reflecting a 4.5 per cent jump.

Mr Quirk said this rate could have limited to $31.48 a year (representing 2.6 per cent) if the carbon tax was removed.


Lend Lease Wins $315 Million Contract to Widen West Motorway, Sydney

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Tuesday, 26 June 2012 16:00

LEND Lease has secured the $315 million contract to widen the M5 West Motorway in Sydney.

It will design and construct the upgrade which include interlink roads. Two lanes will be extended to three in each direction from Camden Valley Way, Prestons to King Georges Road, Beverly Hills.

Lend Lease's construction business, Abigroup, has been working on the proposal since February 2010. Completion of the project is expected in December 2014.

Lend Lease announced the contract to the ASX this afternoon (June 26):

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