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Commercial Property

Lendlease’s losses deepen after tough year in property

by Anas Siddiqui
Lendlease’s losses deepen after tough year in property

Construction and real estate management company Lendlease has posted a $1.5 billion loss after costly writeoff as it tries to reset its strategy and operations. The group announced on Monday …

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Opinion | Why messy end to negative interest rates won’t dent Japan’s appeal

by Anas Siddiqui
Opinion | Why messy end to negative interest rates won’t dent Japan’s appeal

This fuelled a sharp rally in the yen, causing a disorderly unwinding of the yen-funded “carry trade” and contributing to a staggering 20 per cent decline in the Topix index, …

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Sydney’s Luna Park on sale for the first time in 20 years with a $70m price tag

by Anas Siddiqui
Sydney’s Luna Park on sale for the first time in 20 years with a m price tag

Canadian property giant Brookfield has put Sydney landmark Luna Park on the market, with the sale expected to fetch up to $70 million. It marks the first time the heritage-listed …

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Luna Park Sydney listed for $70 million sale for the first time in two decades

by Anas Siddiqui
Luna Park Sydney listed for  million sale for the first time in two decades

Canadian property giant Brookfield has put Sydney landmark Luna Park on the market, with the sale expected to fetch up to $70 million. It marks the first time the heritage-listed …

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Pretty please pick me: The housing market’s new trend amid astonishing low listings

by Anas Siddiqui
Pretty please pick me: The housing market’s new trend amid astonishing low listings

Desperate home-hunters are turning up the ante amid the chronic housing shortage, sending personal letters to sellers about why they should be the chosen ones. The emerging trend is driven …

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WA Government to put final four lots in Perth City Link abutting new ECU campus, Yagan Square up for sale

by Anas Siddiqui
WA Government to put final four lots in Perth City Link abutting new ECU campus, Yagan Square up for sale

Four 30-storey buildings — offering a mixture of office and retail space as well as apartment living — could be built in the heart of the Perth central business district …

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MIJDAP approves mammoth $100m social and affordable housing development at Murdoch Health Knowledge Precinct

by Anas Siddiqui
MIJDAP approves mammoth 0m social and affordable housing development at Murdoch Health Knowledge Precinct

State planners have approved a mammoth $100 million social and affordable housing development at the new Murdoch Health Knowledge Precinct. The Metro Inner Joint Development Assessment Panel gave Foundation Housing …

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Hong Kong’s mid-market property segment abuzz with deal-making: CBRE

by Anas Siddiqui
Hong Kong’s mid-market property segment abuzz with deal-making: CBRE

Property consultancy CBRE is targeting the mid-range market in Hong Kong by creating a sub-brand called Value Properties that will address the needs of customers who seek properties outside prime …

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Commercial buildings next on the block for carbon cuts

by Anas Siddiqui
Commercial buildings next on the block for carbon cuts

Many of Australia’s buildings fall outside the scope of a disclosure regime that the federal government intends to expand to better capture energy and emissions information. Non-residential buildings contribute about …

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Hong Kong developer Chinachem names former Link Reit executive as next CEO as Donald Choi sets retirement

by Anas Siddiqui
Hong Kong developer Chinachem names former Link Reit executive as next CEO as Donald Choi sets retirement

Hong Kong real estate tycoon Donald Choi Wun-hing will retire and step down as CEO of property developer Chinachem Group after more than six years on September 1, passing his …

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