Real Estate

A court has rejected a developer’s plans for a Sydney housing development, finding its cramped townhouses would provide little amenity to future residents and encroach upon an endangered environment site.

Real estate investor Mitsubishi Estate Asia is divesting its 49.9 per cent interest in the Stockland Residential Rental Partnership amid what its broker says is "surging" interest in the land lease communities sector in Australia.

Mining magnate Gina Rinehart has argued she should be dismissed from a dispute with a neighbour at her Sundown Valley cattle station over a fence, with the neighbor telling a judge no lawyer will represent her in the dispute with the billionaire.

Property investor Charter Hall has dropped $152 million for a 50 per cent stake in Western Sydney University's Parramatta campus. 

The government has announced that it will divest 67 defence properties following an audit which found that much of the estate was underutilized and in a state of disrepair.

A 259-hectare greenfield industrial site in Melbourne's north has been sold to Yale Investment Group for $275 million.

Real estate fund manager Charter Hall has reportedly acquired a 50 per cent stake in Sydney's O'Connell Street precinct from the Abu Dhabi Investment Authority for $500 million.

A banking and finance partner who has advised on major infrastructure projects like Melbourne's Marvel Stadium has made the leap to Thomson Geer from Hamilton Locke. 

Lawsuits against a Chinese real estate investor and his mother involving transactions linked to Sam Fayad's Dyldam Group have been paused pending criminal proceedings against the pair in Hong Kong.

A report released by real estate asset manager Dexus suggests Australia's office market growth is on the upswing after years of stagnation.