Commercial Property
Delta force in town
MARIO Salvo likes to do things on a grand scale. The former car rental king grew the Europcar franchise from "100 bombs to 7000 cars."
Land bunfight settled
A PRISTINE Bundoora infill site has made its way to market after a legal fight over a deceased estate.
Pain for Octaviar offshoot
GEO Property Group expects to slash distributions and write down property values as the company continues to distance itself from its former parent, stricken financier Octaviar.
Cromwell standing its ground
PROPERTY group Cromwell has recorded a 4.5 per cent increase in valuations on about half its portfolio, bucking the industry trend of swinging write-downs.
Student congregation tipped for temple
THE Freemasons are believed to have reaped nearly $2.5 million from the sale of an iconic temple in Malvern East.
Merrier lives in Windsor
INVESTMENT confidence is high in Windsor, with the artistic-chic neighbourhood in hot demand as spiralling property prices in South Yarra push retailers south.
East end warms the winter chills
SALES in the city's east end heated up the record books last week, while Melbourne's inner suburbs also racked up multi-million dollar sales in a string of strong results.
High rise tension as partners fall out
A $135 MILLION residential tower project in West Melbourne has been stalled by a legal fight between developer Paul MacBain and investors.
Going gets tough at GPT
LISTED property pioneer GPT has become the latest to feel the pain of the sector's nosedive, slashing $169 million from its estimated income for the year.
Shares struggle for City Pacific
STRUGGLING Gold Coast financier City Pacific faces a battle convincing investors in its frozen First Mortgage Fund to convert their holdings into shares in the company.
MP now sitting in west's suite spot
FEDERAL Health Minister Nicola Roxon is moving out of her Nicholson St Footscray office into shiny new space at Edgewater Place.
North on the money
ASTUTE buyers jumped at properties with future potential, but developers kept their distance in a fairly mixed week of auction results.
Failed lender probe
THE corporate watchdog's investigation of failed property investment company Bridgecorp could result in criminal charges.
Pssst: wanna pizza Fat Tony's empire?
THIS is your chance to buy a slice of Fat Tony's pizza. A Boronia pizza shop that was owned by Tony Mokbel goes to auction tomorrow.
Epping sales hopping along
THE first two stages of the Teren Group's NCV industrial estate in Epping have sold for $13 million.
PBL calls off land deals
PBL Media has pulled the plug on the sale of its inner-city properties in Melbourne and Sydney.
City Pac lightens debt load
CASH-STRAPPED Gold Coast financier City Pacific is continuing to pay off its banker, the Commonwealth Bank.
Valad to change tack
LISTED group Valad has dug in for winter as the commercial property market goes into deep freeze.
Predators lurking in city's shadows
CASHED up buyers are holding back and circling the ailing property market, waiting to pounce on distressed projects and sites.
Cashing in: The ornate Morton-Ray temple in Malvern East, once home to the Freemasons, fetched a hefty price tag through a recent tender.
Student congregation tipped for temple |
Merged miner signs on
AUSTRALAND has finally scored a tenant for its second tower at Freshwater Place.
Octaviar's mystery deal
TEETERING Gold Coast financier Octaviar has moved to shut down a clutch of subsidiaries and transferred others to a new mystery owner.
LLA still in limbo
THE outcome of James Packer's bid for control of Melbourne Aquarium owner Living and Leisure Australia was unclear last night.
Bumper $27m harvest for Orchard
FUND manager Orchard has reaped more than $27 million in property sales in the past week.
Diesel engine maker bets on new premises
THE former call centre for Tabcorp's Box Hill telephone betting service has a new tenant.
Rare land and all that jazz
BEAUTY was definitely in the eye of the beholder last week when a dilapidated vacant block in the CBD was pushed 70 per cent over the reserve.
Squeeze on McDermott
INSOLVENCY experts have started trawling through the business affairs of bankrupt property developer Craig McDermott.
Growing exodus to Nexus
SALTA Properties is planning to start speculatively building a $10 million, 4000sq m office building at its Nexus Corporate Park in Mulgrave.
Walker's at home in South Morang
PROPERTY developer Walker Corp has signed a string of anchor tenants at Axis, its new $80 million home-maker centre at South Morang.
VideoNow
Latest
Editors pick
Missing Hours - Falling Down
Geelong duo Emma and Ant Hewitt from Missing Hours perform thier latest song. Production: Craig Hughes
Also Playing
News
100 Wiggins battle Dogs
Carlton utility Simon Wiggins will play his 100th game against the Western Bulldogs
