Macquarie Leisure Delivers Solid Third Quarter Trading Results
Macquarie Leisure Trust Group (ASX:MLE) today announced unaudited total revenue and earnings results by division for the nine month period ended 31 March 2009.
Read moreMacquarie Leisure Trust Group (ASX:MLE) today announced unaudited total revenue and earnings results by division for the nine month period ended 31 March 2009.
Read moreIKEA is set to build a 37,000 square metre megastore at Tempe, in Sydney’s south.
Read moreMacquarie CountryWide Trust (ASX:MCW) today announced it has signed unconditional contracts for two disposals in Australia totalling A$14.7 million. A further settlement has also occurred on the US portfolio sale to an affiliate of Inland Real Estate Acquisitions Inc (Inland), with the completion of the sale of eight assets for US$144.1 million (A$198.9 million), bringing the total value of this transaction to US$264.1 million (A$380.8 million).
Read moreThe Reserve Bank of Australia (RBA) has announced today that the Official Cash Rate will remain unchanged this month. Therefore the Official Cash Rate continues at 3.00%.
Read moreRESIDENTS of ritzy Double Bay, in Sydney’s eastern suburbs, were out in force on Sunday May 3, opposing the development of twin 15-storey towers, on the site of the Stamford Plaza Hotel in Cross Street.
Read moreAustraland has secured approvals from three domestic banks for a total of $350 million which, subject to documentation and together with existing undrawn facilities, will provide the Group with sufficient capacity to repay the $563 million CMBS facility maturing on 25 June 2009. Existing undrawn facilities and cash at bank as at 31 March 2009 was in excess of $560 million. Commitments have also been secured to renew $100 million of the existing $150 million of unsecured facilities expiring in 2009.
Read moreONE OF the world’s biggest companies – and land owners – General Electric, has called for the Rudd Government to fix a loophole in the proposed $30 billion taxpayer-funded Australian Business Investment Partnership, otherwise known as the “Rudd Bank”.
Read moreFederal Minister for Housing, Tanya Plibersek and NSW Premier Nathan Rees today announced that work can begin on the construction phase of the Rudd Government’s Nation Building Economic Stimulus Plan for an extra 20,000 social houses.
Read moreLEND LEASE managed Australian Prime Property Fund has sold a half share of Melbourne’s 1 Spring Street office building in the Melbourne CBD for about $65 million, reportedly to a high net worth private investor.
Read moreA bedroom-based trout farm, a horse kept in an apartment, and an owners’ corporation deadlocked over taking action against a nudist neighbour – these are just a few of the strangest complaints received by the Office of Fair Trading about strata living in NSW.
Read moreFederal Shadow Minister for Housing and Local Government, Scott Morrison, said today’s official housing finance figures for February show the banks have increased their market share of new housing loans to the highest level on record, creating a new low point for competition in our home mortgage market.
Read morePROMINENT Sydney-based developer Harry Triguboff has paid $17.15 million for a residential development site on Sydney’s North Shore.
Read moreTHE RESERVE Bank of Australia has decreased Australia’s official interest rate by 25 basis points, to 3 per cent, its lowest rate since March 1960.
Read moreAccording to analysis released by the Housing Industry Association today, delays in planning approval processes for single detached houses are costing mum and dad applicants thousands of dollars, stifling housing activity, impacting on employment and dampening the state’s economic health.
Read moreThe HIA New South Wales Outlook, the state’s most comprehensive report card on the residential sector, points to a rough short term outlook for housing before an improved picture hopefully emerges from mid 2009.
Read moreThe beleagured General Property Trust has sold three assets for $47 million.
Read moreHIA, Australia’s largest building industry association, today released the most comprehensive report card available on the New South Wales residential sector.
Read moreSYDNEY-based home builder Wincrest Homes has resumed construction of almost 200 homes, after going into voluntary administration on January 2 this year.
Read moreIt sat alongside Sydney’s Opera House for a month, and now it can be yours – as long as you pay to relocate it.
Read moreSydney recorded a slight improvement of 0.2 percent in June driven largely by a half a percent improvement in rental vacancies in the inner suburbs.
However in outer Sydney the outlook remains poor with only marginal increases in the number of vacancies in the middle and outer suburbs of the city.
Read moreLend Lease Corporation Limited (“Lend Lease”) has today announced the execution of a new contract with BP International Ltd (“BP”). The new contract continues Bovis Lend Lease’s 12 year alliance with BP to provide project management services for the construction and maintenance of BP’s retail network across 10 European countries.
Read moreThe most innovative and professional real estate agents in NSW have been revealed with the announcement of the finalists of the REINSW Awards for Excellence.
The Awards recognise excellence in service, creativity and commitment in categories including residential sales, property management, auctioneering, marketing and community service.
Sydney renters face an even bleaker future with vacancy rates falling yet again according to the latest figures released by the Real Estate Institute of NSW
Read moreTHE RESERVE Bank of Australia said strict lending conditions by Australian Banks, will prevent Australia’s housing market following the same southward direction of major countries overseas.
Read moreAn undisclosed Sydney businessman is believed to have smashed the record price paid for an apartment in Australia.
Read morePERTH is the world’s strongest performing hotel market, according to a new global survey from adviser Deloitte.
Read moreColliers International has announced an expansion of the company’s operations in Penrith, Western Sydney with the addition of a specialised commercial agency team and the appointment of a new Director to bolster and expand the existing Consultancy and Valuation business.
Read moreFORMER ST George Bank executive Michael Cameron has emerged as the possible next chief executive of the beleagured General Property Trust group. The Australian Financial Review reports GPT wants to appoint someone to the position before the groups’ annual general meeting in May.
Read moreDEXUS Property Group today announced it had signed an innovative agreement with Boral to provide stormwater harvesting and ground water facilities to the Cumberland Country Golf Club from its new 47.4 hectare industrial development site in Greystanes NSW.
Read moreThe HIA-CBA First Home Buyer Affordability Index improved by 4.1 per cent in Sydney during the March quarter.
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