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Sydney Prestige Residential Round up

Real Estate News
Tuesday, 04 December 2007

Sydney’s top end was on fire this weekend, with around $27 million of real estate on the prestigious north shore selling at auction. This compares to about $18 million for the eastern suburbs, according to buyers advocate group Morrell & Koren.

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Melbourne Prestige Residential Auction Round up

Real Estate News
Tuesday, 04 December 2007

A house in Towers Road Toorak, a hop skip and a jump from the mansion of former Carlton Football Club President John Elliott has sold off market for $11.2 million.

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Building Approvals Fall in October

Real Estate News
Tuesday, 04 December 2007

Building approvals were down by 2.8 per cent in October due to a 10.4 per cent dip in the multi-unit segment. Detached house approvals posted a very small rise of 0.9 per cent to a level of 9,458.

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Macquarie Office Trust Portfolio Update: Solid Rental Growth Across the Portfolio

Real Estate News
Tuesday, 04 December 2007

Macquarie Office Trust (ASX:MOF) today announced an update of the Trust’s activities outlining leasing success and capital management initiatives for the period since 1 July 2007 and providing an outlook supporting continued solid performance from the Trust’s portfolio.

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Becton Buys Lachlan Property Group

Real Estate News
Tuesday, 04 December 2007

The Melbourne based Becton Property Group has agreed to pay $63.4 million for the Sydney based Lachlan Property Group, in a deal that will bring its total funds under management to more than $2 billion.

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Devine Buys Residential Development Site in Pakenham

Real Estate News
Tuesday, 04 December 2007

Queensland-based residential property group Devine has paid $20.7 million for a 43.65 hectare development site in Melbourne’s outer south-eastern suburb of Pakenham.

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