News

Chinese property heavyweight in billion-dollar buy-up

Chinese property heavyweight in billion-dollar buy-up

Chinese property heavyweight Dahua Group has outmuscled local developers to snap up a billion-dollar land pipeline in a buying spree that has handed a wealthy family, a syndicate of landowners and two young property players a $347 million windfall. Dahua…

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Retail property on the up and up: API

Retail property on the up and up: API

Property values and rents in the retail sector are expected to peak in Sydney and Melbourne by 2018 when they will move into a downswing, according to the Australian Property Institute. Retail property in Brisbane is also following an upward…

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Melbourne auction market ends with record bang

Melbourne auction market ends with record bang

The Melbourne weekend auction market has ended the year with yet another strong result for sellers despite an unprecedented end of year deluge of listings. Melbourne recorded a clearance rate of 77.3 percent at the weekend which, although lower than…

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GPT launches new Sydney Olympic Park tower

GPT launches new Sydney Olympic Park tower

by Nick Lenaghan GPT Group will develop a $100 million office tower at Sydney Olympic Park after securing the NSW Rural Fire Service as an anchor tenant. The NSW RFS will take up around 60 per cent of the space…

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