FUND manager IP Generation has netted $35 million from the sale of Richmond Mall, after refurbishing the  north-west Sydney metropolitan neighbourhood... Login or Subscribe to read this article and more...   Login or subscribe to Australian Property Journal (starting at $5.50 a week) to continue reading this story and other latest news.   Members of […] The post Richmond Mall trades on 5.73pc yield first appeared on Australian Property Journal ..read more

APJ'S daily wrap up of development site, hotel and commercial property investment sales, as well as leasing transactions across Australia. Feature ... Login or Subscribe to read this article and more...   Login or subscribe to Australian Property Journal (starting at $5.50 a week) to continue reading this story and other latest news.   Members […] The post Australian Property Journal’s sales and leasing transactions wrap first appeared on Australian Property Journal ..read more

CBRE is launching a new specialised NSW high-end residential valuations division, with plans in place for a national expansion. Already one of Australia’s largest providers of residential and commercial valuations, CBRE’s new specialist prestige residential valuations team will be led by Bader Naaman. The team will build on services CBRE has already been providing in […] The post CBRE targets prestige real estate valuation market first appeared on Australian Property Journal ..read more

BOUTIQUE real estate agency MMJ is undertaking a strategic expansion of its Melbourne agency business, appointing industry veterans Steven Messina and Nick Bourke to the team. Originally established out of NSW in 1960 as Martin Morris & Jones, the commercial agency network has offices in NSW, ACT and Western Australia, and opened in Victoria in […] The post MMJ expands in Melbourne first appeared on Australian Property Journal ..read more

WHILE commercial property sales were unimpressive over the first quarter, investor confidence and activity is expected to pick up for the rest of the ... Login or Subscribe to read this article and more...   Login or subscribe to Australian Property Journal (starting at $5.50 a week) to continue reading this story and other latest […] The post Commercial property investments off to a slow start first appeared on Australian Property Journal ..read more

ANOTHER Parramatta build-to-rent project has been approved in Novus and M&G Real Estate’s $250 million, Novus on Harris. With project approval ... Login or Subscribe to read this article and more...   Login or subscribe to Australian Property Journal (starting at $5.50 a week) to continue reading this story and other latest news.   Members […] The post Parramatta build-to-rent pipeline continues to grow first appeared on Australian Property Journal ..read more

PRIME Value’s Shakespeare Property Group has lobbed the five-star Pullman Cairns International hotel to the market, three years after undertaking a $17 million renovation. Prime Value acquired the Pullman Cairns International hotel nine years ago for $75.08 million. The listing comes as Shakespeare Property Group also makes a move on the buy side, spending $55 […] The post Shakespeare ready to realise 9-year investment in Pullman Cairns first appeared on Australian Property Journal ..read more

ON the eve of the National Housing Accord and Housing Australia Future Fund kicking off, dwelling approvals are running 80,000 short of the government... Login or Subscribe to read this article and more...   Login or subscribe to Australian Property Journal (starting at $5.50 a week) to continue reading this story and other latest news. […] The post Housing supply deficit continues to build up first appeared on Australian Property Journal ..read more

GARDA Property Group (ASX: GDF) has recorded a $3.7 million devaluation. Six of its 12 real estate assets were externally valued. The independen... Login or Subscribe to read this article and more...   Login or subscribe to Australian Property Journal (starting at $5.50 a week) to continue reading this story and other latest news.   […] The post Garda portfolio records marginal dip first appeared on Australian Property Journal ..read more

CUSHMAN & Wakefield has announced the promotion of Evi Meka to sales executive within its national investment sales team. Based in Queensland, Meka joined Cushman & Wakefield in 2022 as a team and marketing coordinator. Daniel Cullinane, head of national investment sales at Cushman & Wakefield, said Meka’s promotion “reflects her exceptional abilities in navigating complex […] The post Cushwake bolster investment sales team first appeared on Australian Property Journal ..read more