This Month
AirTrunk’s Robin Khuda super-charges the data centre sector
In the space of eight years, AirTrunk has built 11 data centres in Australia, Hong Kong, Japan, Malaysia and Singapore, with more in the pipeline.
- Nick Lenaghan
Big office landlords hungry for restaurants: steakhouse king
Seagrass Hospitality, which operates restaurants like Meat & Wine Co, is partnering with Dexus and Brookfield on new steakhouses in their office towers.
- Larry Schlesinger
Industrial vacancy rate rises for first time in five years
The modest increase in the industrial vacancy rate to 1.1 per cent nationally will slow down the pace of rental growth and increase choice for occupiers.
- Larry Schlesinger
Your office could double as a data centre – with free hot water
Liquid-cooled server racks can create opportunities in technology and real estate as demand for computing power grows with artificial intelligence.
- Michael Bleby
How to collect a 10pc investment yield from a Brisbane office tower
With office markets battered by falling values and weaker sentiment, fund manager Elanor has seized on a counter-cyclical opportunity for its investors.
- Nick Lenaghan
Dexus taps Du Vernet to replace long-serving CEO
The ASX-listed landlord’s chief investment officer has been appointed to lead the company amid generational change across the sector.
- Nick Lenaghan
- Exclusive
- Construction
Meet the builder aiming for a 5pc profit margin
The global average EBIDTA margin for builders is 1.8pc, but Hickory boss Michael Argyrou says it’s time for developers to take on more risk.
- Michael Bleby
Ahmed Fahour to lead Rich Lister Tim Gurner’s $15b property empire
The former Latitude Financial and NAB chief executive’s latest gig is to drive the expansion of the luxury apartments and wellness platform, Gurner Group.
- Nick Lenaghan
- Exclusive
- Wine
Australia’s first venue for exclusive London wine club’s about to open
Developer Ross Pelligra is counting on the country’s inaugural 67 Pall Mall to invigorate his closed 85 Spring Street office building in Melbourne’s CBD.
- Michael Bleby
- Exclusive
- Renewables
Solar farms $48m deal to offset Barangaroo carbon emissions
A unique deal will ensure Sydney’s Barangaroo precinct is carbon-neutral until at least 2050, with four solar farms to be built in the state.
- Nick Lenaghan
Is now the time to buy REITs?
With the peak in interest rates in sight, it may be time to consider the listed property trusts again. But be careful which stocks you buy, experts say.
- Larry Schlesinger
Justin Hemmes’ $3b property empire outgrows nightlife roots
The billionaire has spent at least $900 million building a sprawling hospitality and residential empire. But there’s one business he is happy to leave in the shadows.
- Updated
- Primrose Riordan
Signa’s lofty property valuations point to brutal pain to come
The gap between book values and what buyers are willing to pay for a Berlin trophy tower is further evidence of commercial property’s price reckoning.
- Jack Sidders
High land prices stalling office developments: Hines
Land values have yet to adjust to rising cost and the price of debt, the developer and fund manager says.
- Michael Bleby
November
Private investors load up on industrial sites at $29m auction
All the industrial development sites up for sale at a commercial property auction found buyers despite the high costs of building.
- Campbell Kwan
Fund managers sweeten on property after return to office push
Cheap valuations and improved work attendance have prompted Ethical Partners and Maple-Brown Abbott to revisit the real estate sector.
- Joanne Tran
Whatever happened to high-profile publican Fraser Short? No one can say
All up, the businessman has cleared some $170 million selling assets in the last year. The reason why has become a well-worn subject among fellow hoteliers.
- Larry Schlesinger
- Exclusive
- Industry super funds
$21b super investor ISPT books heavy property losses
It has reported losses totalling $346 million in its three biggest funds. The turmoil in the listed property sector is making its way into unlisted portfolios.
- Nick Lenaghan
NY’s Chrysler tower, London’s Selfridges caught in $38b meltdown
The owner of stakes in high-profile real estate is at risk of becoming one of Europe’s largest property meltdowns since the global financial crisis.
- Marton Eder, Libby Cherry and Laura Malsch
Malaysian family pays $50m for Coles-anchored regional mall
A wealthy Malaysian family has purchased Torquay Village near Geelong for $50m, while ASX-listed HomeCo Daily Needs REIT has offloaded a large-format centre for $68m
- Larry Schlesinger
