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DB RREEF Buys St Kilda Road Office Building for $65.5 Million

Real Estate News
Friday, 18 January 2008

DB RREEF, on behalf of its direct property mandate with AXA Wholesale Australia Property Fund (WAPF), has acquired an office building at 441 St Kilda Road, Melbourne, for $65.5 million.

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Stockland Halladale Acquire Edinburgh Development Site For £21.25 Million

Real Estate News
Friday, 18 January 2008

Stockland Halladale, the recently established diversified property group created through the acquisition of Halladale Group plc by Stockland, announces it has agreed to purchase 3-8 St Andrew Square, Edinburgh, for £21.25M.

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Becton Acquires Two Sydney Industrial Properties for $38.45 Million

Real Estate News
Friday, 11 January 2008

Becton Property Group (“Becton”) today announced that its Becton Industrial Fund (or “Fund”) has acquired two industrial properties in Sydney for a total of $38.45 million.

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Residential Real Estate Forecast for 2008

Real Estate Articles
Monday, 17 December 2007

Industry experts unanimously agree the recent surge in real estate values in Melbourne is unsustainable.

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Charter Hall Confirms Purchase of Channel 9 Site in Willoughby & Richmond, Apartments Planned

Real Estate News
Friday, 14 December 2007

Charter Hall, one of Australia’s leading property fund managers and property developers has been awarded the exclusive right to negotiate the purchase of the Nine Network’s headquarters in both Sydney and Melbourne following a tender process.

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Another Luxury Apartment Tower in St Kilda Road Precinct

Real Estate News
Thursday, 13 December 2007

A consortium led by Macquarie Bank has paid a record $3300 per square metre of land, to snap up a development site opposite Albert Park Lake and the Melbourne Grand Prix circuit.

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Latest News

(05/06) GIP to hold Pipeworks and put a new future in the pipeline

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(05/06) Revised Urban Growth Boundary Will Put Values on the Move

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Latest Blog Entries

(19/05) Could Southbank's apartment market be headed for another over-supply?

Since the start of this year, residential development sites worth more than $80 million have been exchanged, or are under negotiation - in deals expected to result in up to 10 new high-rise towers ove...

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I’ve had a couple of dealings with residential real estate agents this week that have left me very disappointed (as well as angry). ...

(06/02) CBA First to Pass on RBA Interest Rate Rise, and Then Some

The latest interest rate rise, the fourth in the last six months and eleventh straight since 2002, will add about $100 a month to my mortgage repayments. ...

(03/02) When to Bump Rent up and by How Much

Despite being a landlord for four years, I’ve never actually had to impose a rent rise on a tenant. ...

(01/01) What to do with St Kilda Road...

St Kilda Road will always be remembered as the precinct to pioneer high rise apartment living in this city. Dotted in amongst the retained mansions, and tired old office buildings, are some of the mos...