Australian Property Journal
@AusPropJournal
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Covering property and real estate news across Australia. Public Interest Publisher Alliance (PIPA) member.
Australia
Joined May 2009
THE national upswing in home values is “all but over”, with Australia seeing its weakest price growth result since the beginning of last year amid a rebalancing of supply and less buying activity – and meanwhile, the rental boom could be over, too. https://t.co/liAxaQy2Iw
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THE Reserve Bank is expected to delay #interestrates cuts next year, with ANZ updating their forecast to a more moderate two 25bp rate cuts in May. #inflation #Auspol #ausecon
https://t.co/HJoe4iDzPL
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LATE trucking industry icon Ray Scott’s pastoral portfolio selldown has now netted more than $150 million, after a further pair of assets within the aggregation were sold to a western Queensland cattle grazing family. #ruralproperty #agriculturalproperty
https://t.co/BaeO1ocDkP
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A NEW property fund, 7EVEN Capital, is launching to deliver a pipeline of more than $1 billion projects, starting with a luxury hotel on the Sunshine Coast. #capitalmarkets
https://t.co/yiQHsZ2YeB
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#HOMELESSNESS is growing in the suburbs of Australia’s capital cities, driven by the increasing shortage of affordable private #rentalhousing and #socialhousing. #rentalcrisis #housingcrisis #auspol #realestate #residentialproperty #rentalaffordability
https://t.co/erjhRM2inC
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PROPERTY, #communityhousing and construction industry peak bodies have roundly welcomed Parliament’s passage of the #buildtorent bill, which could deliver 80,000 new rental homes over the next decade to a critically undersupplied market. #auspol #housing
https://t.co/0NClgQog2m
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APJ'S daily wrap up of #commercialproperty #investmentsales, as well as leasing transactions across Australia. #CRE #commercialrealestate #RetailLeasing #IndustrialLeasing #OfficeLeasing
https://t.co/pmKdTkgbMo
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A PORTFOLIO of three Victorian childcare centres has sold for $35 million, including one of the largest deals the state has seen in 2024. #investmentsales #capitalmarkets #CRE #commercialrealestate #commercialproperty
https://t.co/fNeNMzx8tV
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ONE hundred percent of #flexibleoffice operators in the Asia Pacific region expect meeting room demand to rise, as businesses look for adaptable and collaborative spaces that support their #hybridwork models, and become increasingly risk-averse https://t.co/6O9ey5hylx
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OFFICE sector deal-making is gaining momentum in the lead-up to the festive season, with Dexus offloading two properties for $443.2 million – including the Pyrmont headquarters of Domain in a remarkable deal that highlights the heavy washout of values fo https://t.co/akdyq7pomL
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GLOBAL private-equity firm Proprium Capital Partners and AVID Property Group have launched a $374 million takeover bid for ASX-listed AVJennings, in a case of déjà vu for one of Australia’s oldest homebuilders. #mergerandacquisitions #capitalmarkets
https://t.co/EFL5zM3Csj
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DESPITE uncertainty in the international student industry due to politics, global asset manager Nuveen has backed Dexus and Marquette Properties’ Brisbane purpose-built student accommodation project. #pbsa #developmentfinance #developerfinance #nonbank
https://t.co/A9rFkpKsP8
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#SOCIALhousing funding will be boosted by half a billion dollars and #buildtorent leases extended to five years after Prime Minister Anthony Albanese and Greens Leader Adam Bandt struck a deal that allowed the government to pass a raft of bills on https://t.co/PQ9dy8Eu8I
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APJ'S daily wrap up of #developmentsite and #commercialproperty #investmentsales, as well as leasing transactions across Australia. #RetailLeasing #IndustrialLeasing #OfficeLeasing #CRE #commercialrealestate
https://t.co/j4V9Wy1oTs
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VICTORIA'S Allan government has unveiled concept designs for new #socialhousing towers that will replace existing brick buildings in Carlton, taking the next steps of its controversial program to redevelop 44 high-rise #publichousing towers #rentalcrisis
https://t.co/0FqNfzN94Q
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THREE Bannisters boutique hotels in NSW have officially come under Salter Brothers Hospitality’s management following a $100 million deal, as the fund manager unveiled a brand refresh. https://t.co/I0asVxp5rj
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ISPT and Australian Retirement Trust (ART) have secured the rights to develop a $585 million #healthcare and #lifesciences hub at the University of Sydney. #capitalmarkets #socialinfrastructure #healthcarerealestate #healthcareproperty
https://t.co/mT99lzYcLr
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EXCLUSIVE: AROUND $350 million worth of commercial properties in Western Australia are set to change hands by the end of this year, with both the retail and office sectors expecting imminent major transactions, as the state’s offers a much better value https://t.co/Wd2OXaRjEQ
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DAVID Di Pilla’s active funds management platform HMC Capital is targeting $50 billion in assets under management within the next five years – setting itself an ambitious goal of 42% growth per year in order to bring that forward to just three years. https://t.co/x7KMP78Gq6
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UPGRADERS have overtaken first home owners as the most active residential buyer cohort in Australia, a new valuer survey shows, while downsizers and investors are waiting in the wings for more certainty in demand and pricing. #realestate
https://t.co/adpzuzlZyd
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