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Scentre reveals plans for 16,000 apartments at Westfield centres
Shopping centre giant Scentre Group has plans to expand into the lucrative residential market, capitalising on its significant landholdings to supply over 16,000 apartments at several Westfield locations.
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Trump Organization to build Australia’s tallest tower on Gold Coast
The Trump Organization is planning its first development in Australia, signing an agreement to build a 91-storey luxury hotel on the Gold Coast.
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Spotlight Group buys Toorak’s St Germain for $185M
In a sign of recovery for Melbourne's commercial property market, developer Bill McNee's Vicland has sold St Germain in Toorak to Spotlight Property Group.
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State Revenue Office erred in aggregating land tax on trust properties: court
The owners of two trusts that manage properties in Melbourne’s south-eastern and western suburbs have won a land tax refund after a court found Victoria's revenue office should have assessed the holdings separately.
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Property fund directors can’t appear for companies in liquidators’ case
The judge overseeing a case by the liquidators of real estate investment firm Global Capital Property Fund won't allow two GCPF directors to appear on behalf of related companies named in the case, saying they would not be able to act “independently and objectively”.
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JLL dragged to court again in latest fallout over sackings
JLL's former human resources head in Australia has launched proceedings over her dismissal, the latest lawsuit to face the commercial real estate giant.
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Charter Hall grows retail fund with three shopping centres for $360M
Charter Hall Group's retail fund has grown to $3 billion after picking up three east coast shopping centres for $360 million, in a sign of the robustness of the sector.
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Goodman touts 6 GW power bank, says data centre demand ‘materially exceeds’ supply
Goodman Group has touted its 6 GW power bank at sites across Australia, Europe and North America, amid predictions for skyrocketing demand for digital infrastructure.
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Baker McKenzie to join Minters at 55 Pitt Street in Sydney
Baker McKenzie is the latest law firm to sign on as a tenant at 55 Pitt Street in Sydney -- a premium office tower overlooking Circular Quay -- following in the footsteps of MinterEllison.
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Vicinity Centres takes full ownership of Brisbane’s Uptown for $212M
ASX-listed Vicinity Centres has secured full ownership of Uptown Shopping Centre in Brisbane's CBD after agreeing to purchase IFM Investor's 75 per cent stake for $212 million.