Andrew Roberts gives up outright majority ownership of Corval
Andrew Roberts has sold a 30 per cent stake in Corval Partners, down from 70pc and ending outright majority ownership
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National
Frasers, Abacus announce leadership changes
Frasers Property has appointed an ESR executive to lead its industrial and logistics business, while Abacus Group managing director Steven
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Private capital to fill healthcare property gap: CBRE
Australia’s ageing population is creating a growing gap between the federal government’s commitments to fund healthcare and social services and
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Accor expands into rental housing
Freecity has teamed with Accor, bringing the serviced-apartment operator into a pipeline of build-to-rent, co-living and student accommodation projects. Under
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Warburg Pincus moves closer to Ingenia bid
Warburg Pincus has moved a step closer to a potential takeover of Ingenia Communities, gaining access to initial due diligence
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Bathla operations ground to a halt
Teneo has effectively halted development across the Bathla Group portfolio after emergency funding ran out. On Thursday, administrator Stephen Longley
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ESR powers up green credentials
ESR has agreed to acquire Aquila Clean Energy APAC as the real estate group expands further into renewable energy alongside
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Tax shake-up prompts UAE developer’s Australian push
BNW Developments has opened a Sydney office, the UAE developer looking to build its Australian investor base with a development
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Beyond Metricon: Who built Australia’s 70,000 new homes?
Australia’s top residential builders expanded their combined output by 9.4 per cent in 2025/26, breaking past 70,000 new housing starts
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Metricon helps Sumitomo take top HIA ranking
Metricon has pushed Sumitomo Forestry Australia Group to the top of Australia’s residential building industry. The consolidated group recorded 8038
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Another Japanese giant buys into Australian housing group
Japanese manufacturing giant Sekisui Chemical has agreed to pay $335 million for a 51 per cent stake in Brisbane builder
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Warburg sweetens Ingenia bid to derail Peet takeover
Warburg Pincus has increased its offer for Ingenia Communities – putting fresh pressure on the listed property group to reconsider
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Court extends Bathla administration
Bathla Group’s administration has been extended for another 12 months, giving administrator Teneo more time to work through the collapsed
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Abacus cuts ties with Storage King
Abacus Group has exited Storage King – selling its 19.6 per cent stake for $284.8 million as it focuses on
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Luxury hotels lead as supply lags: agency
The expanding global luxury market is driving growth for the Australian and New Zealand luxury hotel sector with increasing demand,
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Calvary wins control of Healthscope
Calvary Health Care has won the battle for Healthscope, with a consortium led by the Catholic not-for-profit set to take control of Australia’s second-largest private hospital operator.
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Melbourne CBD landlords get strategic on office upgrades: Colliers
Colliers office leasing specialist James McMahon shares how repositioning and activating existing CBD assets can improve leasing performance. Melbourne’s CBD
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Flexible workspace is the future of office space: Colliers
Colliers flexible workspace specialist Barney Wilson on the changing role of flex and what’s next for the sector. Flexible workspace
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Ingenia to swallow Peet in $1b housing deal
Ingenia Communities is set to swallow residential developer Peet for c$1 billion. The deal will give the land-lease operator control
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Sentinel makes $70m modular housing play
Warren Ebert’s Sentinel Property Group is moving into modular housing – paying $70 million for a Darwin-based manufacturing business for
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Bathla enters voluntary administration
Bathla Group has entered voluntary administration, with restructuring firm Teneo appointed to several key entities as the Sydney residential developer
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Wesfarmers-backed Built Living secures $120m for apartment factory
Wesfarmers-backed Built Living has secured up to $120 million from the National Reconstruction Fund to establish a housing manufacturing facility
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Freecity wins Australian first with student tower
Freecity has secured an Australian first for a 528-unit student accommodation project, achieving a WELL for Residential pre-certification. The 20-level
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Australia’s student accommodation supply set to increase: CBRE
Supply of Purpose-Built Student Accommodation (PBSA) could increase by one third on current volumes over the next few years if
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Warburg Pincus, Kio target $2.5b rental housing portfolio
Warburg Pincus is increasing its commitment to Australian rental housing, expanding its collaboration with Kio Investment Management to pursue a
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Dexus Industria sells Melbourne asset, records portfolio uplift
Dexus for the Industria REIT (DXI) has agreed to divest a Melbourne asset for $14.2 million, while a fresh valuation
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Trend sees Australia Post boosts parcel locker network
Australia Post is expanding its parcel locker network across residential, retail and transport sites as a shift towards out-of-home delivery
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Office vacancy hits highest rate in 31 years
Australian office demand strengthened in the first half of the year, particularly in premium CBD buildings, even as national vacancy
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ESR lands refinancing deal for logistics, data centre push
ESR has upsized a new sustainability-linked refinancing facility beyond its original US$2 billion (c$3.1b) target after securing demand from a
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APAC data centre development pipeline reaches record 26.5GW: Cushman & Wakefield
Asia-Pacific’s (APAC) data centre development pipeline reached a record 26.5 gigawatts (GW) in H1 2026. The region added 7.1GW in
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Blundy buys back Bras N Things, adds three more major brands
Brett Blundy is returning to familiar retail territory, acquiring an Australian apparel and homewares portfolio including Bras N Things –
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Blackstone weighs AirTrunk asset spin-off
Blackstone is considering introducing new investors into AirTrunk’s operating assets including a landmark facility in Melbourne. With partner Canada Pension
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Daniel Grollo declared bankrupt
Former Grocon chief executive Daniel Grollo has been declared bankrupt, almost six years after the collapse of the construction empire
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CDC Property Consultancy merges with US-based Nova Group GBC
CDC Property Consultancy has merged with Minneapolis-based Nova Group GBC, adding environmental advisory capabilities to a business to date focused
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Investors shift gears to automotive real estate: CBRE
With more than 21.6 million registered vehicles and net overseas migration of approximately 300,000 people annually, Australia’s automotive services sector
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Japanese giant buy Multiplex
Japan’s Obayashi Corporation is set to buy Australian-founded Multiplex for up to US$650 million (c$925m) depending on future performance. Brookfield
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Tax changes counterproductive: PCA
In its submission to the Senate Economics Legislation Committee, the Property Council of Australia has warned the Federal Government’s proposed
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Bunnings to absorb Wesfarmers industrial, workwear businesses
Bunnings Group will take control of workwear supplier Workwear Group and industrial distributor Blackwoods, from parent Wesfarmers next month. The
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What the federal budget means for commercial property investors and owners: Cushman & Wakefield
Australia’s latest Federal Budget may prove to be a pivotal moment for commercial property. While much of the national conversation
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Student housing pipeline climbs: PCA
Australia’s purpose-built student accommodation pipeline has climbed to 47,233 beds, though the distribution of new supply is disproportionate to the
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National Storage taken private and offshore in record deal
In the priciest take-private of an ASX-listed real estate investment trust, offshore giants Brookfield and GIC have bought National Storage
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Charter Hall builds position in Abacus Group
Charter Hall Group has bought a 5.837 per cent interest in Abacus Group. The deal – enough to require a
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UniLodge sold to Japan’s Samty
Samty Holdings has agreed to buy a majority stake in UniLodge from Pamoja Capital. The deal, speculated to be worth
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Average Australian house pips $1m for the first time
Australia’s mean house price – not to be confused with the less statistically reliable median used in most real estate
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CBRE eats up Burgess Rawson
CBRE is buying smaller Melbourne-based, national commercial real estate agency rival Burgess Rawson. The deal, speculated late last year to
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Boom year for Australian childcare centre sales
The number of childcare centre sales is up – with deals worth $205 million clocked this year. The rise in
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Ponzi scheme feared as auditor appointed for Melbourne asset manager
A Supreme Court ordered forensic auditor will investigate a Melbourne based asset manager spruiking a return on luxury apartment developments,
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How a ‘great withdrawal’ will help drive Australia’s office market recovery: CBRE
Swathes of office space are set to be removed from CBDs across the country in the next five years in
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Control of AV Jennings to change again
Legal & General has bought a 75 per cent interest in real estate investor Proprium, which in Australia controls Avid,
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Australian Unity sells $238m fund
Australian Unity has sold the Property Income Fund to Newmark Capital, led by ex-AFL player, Chris Langford. The deal will
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Wittner enters administration
Footwear retailer Wittner has entered administration. Established in 1912 and with over 20 standalone outlets, 25 department store concessions and
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South African billionaire, US operator bid for $2b storage business
South African billionaire Nathan Kirsch with US-listed Public Storage are seeking to buy out Abacus Storage King. The non-binding proposal
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Avid buys AV Jennings
US-based Proprium Capital Partners, for its local managed arm Avid, has made a $365 million takeover bid for home builder
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Centuria Bass, Plenary appoint chiefs
In his 20th year with Plenary Group, Paul Crowe has been appointed chief executive officer. As part of a planned
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Coles to retire two liquor brands, boost another
Coles will retire two liquor brands to focus on a third – a move hoped will better take on Dan
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PCA replaces president
Charter Hall Office chief executive officer, Carmel Hourigan, was last week appointed the Property Council of Australia’s national president. The
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Australia’s largest home builder quietly sold
Japanese giant Sumitomo Forestry Group will become Australia’s biggest residential builder after quietly making the major business play for Metricon
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Pro-invest enters Australian co-living sector
Pro-invest Group will enter the co-living sector with a structure also including hospitality, arguably targeting wealthier occupants. The Flexible Living
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Office vacancy up as supply outstrips demand again
It is still a tenant’s market with vacancy up in almost all major city, fringe and suburban office regions, according
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Vale Lang Walker
Sydney developer Lang Walker died last night, aged 78. The philanthropist, with a net worth of c$4 billion according to
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OAM for bulky goods veteran
Ian Robinson – who from 1975 grew a Beacon Lighting outlet in Prahran to a national network with over 125
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Where will rents grow fastest across Australia’s major cities?
There is no end in sight for rising apartment rents, with five Australian markets likely to record mid to high
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Vale Hanbiao Liu
BEKL founder and chairman Hanbiao Liu died on Saturday. The executive – the L in BEKL, a developer and investment
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Value of flagship industrial fund dips
The value of Centuria’s flagship Industrial REIT (CIP) fell 6.4 per cent last financial year – to $3.839 billion –
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Office sector enters second year of record high vacancy
Australia’s CBD office vacancy rate rose again over the last six months – from 12.6 to 12.8 per cent –
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Boutique hotels outpace larger, international rivals: CBRE
A travel evolution sparked by the pandemic is driving the growth of Australia’s boutique hotel market, amid heightened demand for
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Dexus portfolio value drops $1b
Dexus has revalued 175 of its 182 properties as part of its end of financial year reporting. The fall –
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Bob Johnston to quit GPT
The GPT Group chief executive officer and managing director, Bob Johnston (pictured, top), will retire by the end of the
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Fortune favours the tenant as office vacancy rises again
Supply is again the leading reason for a rise in national CBD office vacancy – to 12.5 per cent from
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More accommodation needed as Chinese students return: PCA
A snap edict by the Chinese government forcing university students to return to face-to-face learning in their country of study
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Melbourne hits record high office occupancy since pandemic: PCA
Offices in Perth hit 80 per cent occupancy in November and Melbourne recorded its highest occupancy levels since the pandemic
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Report reveals extent of student spending
Students living in purpose-built student accommodation (PBSA) spend almost as much per month as the average Australian, according to a
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Hines, Cadillac Fairview seal landmark BTR deal
Hines and Cadillac Fairview, the real estate arm of the Ontario Teachers’ Pension Fund, have formed a partnership to acquire
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Mirvac appoints new CEO
Mirvac has appointed Campbell Hanan as chief executive officer. The quinquagenarian has controlled the company’s Commercial Property division and Integrated
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GRESB rates Australian fund managers for ESG
The independent organisation which issues Environmental, Social and Governance rating, the Global Real Estate Sustainability Benchmark, or GRESB, has awarded
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Office occupancy lifts in September
The number of workers going into the office lifted in most CBDs in September according to the latest Property Council
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Pooled fund allows access to booming non-bank lending market
Supra Capital has launched a pooled fund, offering wholesale investors an alternative option for investing in Australia’s booming non-bank lending
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Office occupancy holds firm during end of Omicron wave
Office occupancy numbers have held their ground as the country dealt with the final phase of the latest wave of
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PGGM strikes Australian BTR partnership
US based Sentinel Real Estate, via a division, Sentinel Fund Manager Australia, has entered a partnership with Dutch pension fund
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Omicron wave pushes office occupancy backwards: PCA
A wave of Omicron and flu infections has caused office occupancy rates across most major cities to go backwards in
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