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Construction PRO
Real estate emerges from interest rate-linked contraction: Dexus
Australian real estate is bouncing back, with returns expected in the 7 to 9 per cent range over the next year, after a period of contraction triggered by an interest rate spike, according to new research.
Construction PRO
Jon Adgemis’ South Bondi Hotel to be put on market later this year
Receivers for Jon Adgemis' Public Hospitality Group are planning to put the South Bondi Hotel on the market by the end of the year.
Construction PRO
JLL sued by former CEO, in latest fallout from harassment investigation
The former CEO for JLL's Australian unit has sued the real estate firm after he was allegedly terminated following an investigation into a complaint against a manager.
Construction PRO
Investors win $9.7M in dispute over failed Gold Coast development
A group of investors have won a dispute against a Newcastle-based company over a foreclosure on a mortgage in relation to a Gold Coast which did not proceed. 
Construction PRO
Court approves Moini’s Sydney co-living development
The NSW Land and Environment Court has granted approval for Moini's co-living development on Sydney's Parramatta Road, following a conciliation conference with the Inner West Council.
Construction PRO
AustralianSuper launches new UK housing platform, with initial $1.1B investment
Australia's largest super fund has launched a new real estate asset platform in the UK, aiming to be one of the country's top rental home operators in the next five years.
Construction PRO
Australian Unity offloads Greensborough Medical Centre for $32.5M
Mutual company Australian Unity has sold the Greensborough Medical Centre and Day Hospital in Victoria to the Property Advisory for $32.5 million.
Construction PRO
Visy site on Brisbane riverfront to get makeover, with plans for 4,000 homes
The Queensland government has plans to revamp one of Brisbane’s last riverfront industrial sites into a vibrant mixed-use precinct, with promenades, entertainment spaces and 4,000 homes.
Construction PRO
JLL to be sued by former human resources exec
The former human resources head for JLL in Australia is set to sue her former employer after she was allegedly sacked while on leave despite never being told she was under investigation.
Construction PRO
Residential development exemptions added to new merger regime
Leases and certain other land acquisitions will be exempt from the new mandatory merger control regime, in changes announced this week following feedback arising out of the transitional, voluntary phase.