Major Western Sydney resi development site sold at auction for $26+ million
A Sydney Based developer has acquired a 25,000 sqm site for just over $26 million, selling under the hammer at an auction. Cushman & Wakefield Yosh Mendis and Next Commercial Anthony Bray managed the sale with Jesse Davidson from auctionWorks running the auction.
Award-winning urban planner says we need to rebadge CBDs as ‘mixed-use urban centres
Award-winning urban planner Mike Day Hatch RobertsDay says we need to rebadge CBDs as ‘mixed-use urban centres’ – and offers 6 solutions for councils to attract people back.
Development site in Queanbeyan New South Wales sells above expectations JLL
A strategically located Queanbeyan development site sold for $3.35 million to a private investor and is set to be a mixed-use project. JLL’s Managing Director- (ACT), Andrew Balzanelli and Senior Executive of Sales and Investments- (ACT), Mitch Frail brokered the deal for 8 and 10 Morisset...
Epping development site sold to Genesis Property $9.1m by CBRE
Prominent real estate developer, Genesis Property, has snapped up a 1.63ha infill development site in Epping’s urban renewal precinct, located in Melbourne’s northern suburbs, for $9.1 million. CBRE Jake George, Daniel Eramo, Nathan Mufale and David Minty negotiated the transaction on behalf of...
Sentinel Real Estate grows Australian footprint with key appointments to local team
Sentinel Fund Manager Australia (Sentinel), the Australian arm of leading American real estate investment firm Sentinel Real Estate, has announced two major appointments to its local team. Keith Lucas, has been promoted to Managing Director and relocated to Australia from the US and Georgina...
Orchard Piper receives permit for $120m project fronting Fitzroy Gardens - its largest project to date
Melbourne-based architectural developer Orchard Piper directors Luke McKie and Rick Gronow have received a planning permit for a 9- storey $120m mixed-use development at 364 – 370 Albert Street fronting Fitzroy Gardens.
Moremac Property Group takes out UDIA’s Award for Environmental Excellence with ‘most sophisticated water system in Victoria’
Moremac Property Group has taken out top place in the Urban Development Institute of Australia’s UDIA awards 2021 placing first state-wide in the Environmental Excellence category for their Point Lonsdale project ‘The Point’. Moremac Project Director Doug Vallance said that given the significant...
New York based Sentinel to expand with an anticipated A$1 billion in Australian Build to Rent market
Sentinel Fund Manager Australia, the Australian arm of leading American development and real estate investment firm, Sentinel Real Estate (Sentinel) has today announced that it has received Development Approval for its latest major Build to Rent project, located at 194 West Coast Highway in...
Planners must avoid ‘suburbanisation’ of regional towns – community involvement is key says Hatch RobertsDay
One of Australia’s leading urban planners warns that population growth risks regional areas expanding in the form of conventional suburban subdivisions to facilitate the growth. He provides some insights as to how towns might retain their heritage, character and unique features – and continue to...
APH City Park receives first permit for 35,000 SQM state-of-the-art office space Delivering 3,500 new jobs
Situated at the major corridor of Burwood Highway and Springvale Road, APH City Park is ‘a city of tomorrow’. APH City Park has just received a permit APH City Park receives first permit for 35,000 SQM state-of-the-art office space Delivering 3,500 new jobs to the City of Whitehorse.