Real Estate

The Albanaese government has announced it will ban foreign investors from buying established homes for two years and also take steps to crack down on land banking.

Lendlease has resolved its challenge to a valuation for the site of its $3.1 billion luxury development One Circular Quay, located between the Harbour Bridge and the Sydney Opera House. 

Lendlease has abandoned its bid to purchase a parcel of land owned by one of Australia’s oldest families for well below market value as part of its project to develop 6,700 homes in Campbelltown, Sydney.

Property developer Investa and The Salvation Army have partnered to develop a $230 million 'Studio Living' apartment building in Sydney's CBD.

Real estate funds manager Centuria Capital Group has acquired  Logan Super Centre in Brisbane, hosting big ticket tenants including Freedom, Fantastic Furniture, Spotlight and Anconda. 

ASX-listed property investment group Desane has secured a $4.5 million lease extension with the Brisbane City Council.

The ACT government has lost its bid for the dismissal of a class action lodged by social housing residents who allege they were unlawfully forced to relocate.

New rules requiring strata managers to disclose conflicts of interests and kickbacks to owners have come into effect in New South Wales.

A developer is on the hook for $2.6 million after a court found he misappropriated a tax refund associated with a scheme to develop property in Spring Farm, NSW and put it towards a luxury Sydney home in his wife’s name. 

Law firm Colin Biggers & Paisley has appointed a former Lander & Rogers consultant to lead its property insurance team.