Owners inject $30m to rest Metricon viability speculation
For the second time in as many weeks, Metricon is hosing down speculation the suicide of its co-founder Mario Biasin
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Residential
VCAT approves $500m Northcote Plaza development
The Victorian Civil and Administrative Tribunal has given Time & Place the green light to replace part of the Northcote
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Metricon slams collapse rumours, asserts growth
Speculative media reports linking the suicide of Metricon co-founder Mario Biasin to a potential company collapse have forced acting managing
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Hines picks up third Australian BTR block
Hines has acquired its priciest Australian Build to Rent site yet, at South Melbourne. The 3366 square metre parcel covering
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Stockland buys into Curlewis
Stockland has invested again around Geelong, picking up a Curlewis farm with plans for a Land Lease Community and traditional
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Royal Freemasons sell Armstrong Creek site
Royal Freemasons Homes of Victoria has sold a prominent Armstrong Creek site held for five years. At 45-67 Central Boulevard,
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Mirvac swoops on lakeside Melbourne block
One of two undeveloped Queens Road sites – dubbed by agents as the street’s “missing teeth” – has sold for
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Ausgrid reaps $180m from inner south Sydney block
Ausgrid has sold a 2.86 hectare Zetland site to Deicorp which is planning a mixed use but predominantly residential development.
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La Trobe chooses partner for $5b university development
La Trobe University has chosen Plenary – a partner it has worked with before – to deliver mixed-use product and
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Green light for Sam Arnaout’s maiden Queensland project
The City of Gold Coast has given Sam Arnaout’s Iris Capital the green light to replace Broadbeach’s Niecon Plaza with
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Hutchinson awarded ex-Probuild contract, Brisbane
Cbus Property has appointed Hutchinson Builders to complete Brisbane’s first subtropical themed apartment towers, at 443 Queen Street. The local
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Xavier College lists Kostka Hall campus
Xavier College has listed its Kostka Hall junior campus, diagonally adjacent to the Brighton Beach Oval. The Australian Jesuits, which
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Six parties sell Brighton block to developer
Six villa unit owners across two complexes in Brighton have united to sell their amalgamated holdings to a developer, which
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Green light for Jam Factory redevelopment
The City of Stonnington has approved a major redevelopment of South Yarra’s Jam Factory. As part of the plan, announced
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Cedar Woods snaps up Southbank apartment site
Cedar Woods has purchased another apartment development site, this time in Melbourne’s super-dense Southbank. The 2717 square metre Capital City
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Roberts Co picks up five Melbourne Probuild projects
Roberts Co has acquired five Melbourne projects from failed developer Probuild. Mooted last month, the deal gives the Sydney group
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Maribyrnong warehouses earn $20m from developer
Another industrial property around the Highpoint Shopping Centre will make way for a major apartment complex, after selling to a
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Keylin locks up Indooroopilly amalgamation
Keylin has paid $18.6 million for an amalgamation of Indooroopilly properties covering a chunk of Station Street, between Foxton St
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End of an era with Sofia restaurant redevelopment approved
EXCLUSIVE The Victorian Civil and Administrative Tribunal has given Pomeroy Pacific the green light to replace Camberwell’s Sofia restaurant and
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Federal Budget 2022-23: how will it affect Australia’s key property sectors?
This is an excerpt of a Colliers Research report republished with permission. To download the full document, follow this link.
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Landmark Bronte block collects $44m from developer
Fortis intends to build 10 standalone homes on the site of an older style apartment block, at Bronte, which it
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Developers spend $10m on eastern suburb apartment sites
Two eastern suburb sites permit-ready for mid-rise apartment buildings sold this week. In Ormond, developer Peter Gibson has banked $6.21
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Milieu, Besen family snap up ex-ABC Elsternwick studio
EXCLUSIVE Boutique apartment builders Milieu Property and Besen have snapped up the Australian Broadcasting Corporation’s ‘Gordon Street studio’, at Elsternwick,
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Melbourne Uni sells Hawthorn campus to apartment developer
The University of Melbourne has sold its Hawthorn campus – also the location where Millionaire Hotseat applicants were tested –
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Gurner heads west with Nedlands project
Gurner has diversified into another market – Western Australia – teaming with Costa Property Group and Grange Developments on a
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Pask lists College House
Pask Group is selling East Melbourne’s c1873 College House after winning approval to construct a 10 level apartment building behind
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Gurner enters Geelong with $300m apartment, hotel plan
Gurner will team with land owner Dean Montgomery to develop a $300 million hotel and apartment project in central Geelong.
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Go ahead for $440m St Leonards project The Newlands
Top Spring Australia has won approval to replace a 1.26 hectare St Leonards site with a master-planned community, The Newlands.
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Fortis spends $82m on Double Bay sites
Fortis has acquired its sixth Double Bay development site. Actually four holdings covering 2-10 Bay Street and 294-298 New South
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Alphington site sold for BTR, retail project
Time & Place, in an equal partnership with the Buxton family’s asset manager and finance arm, Corsair Capital, has spent
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