Tim Gurner raises $1.75 Billion + ‘Build to sell’ Development fund
Multi-billion-dollar developer GURNERTM has secured a $1.75billion fund for its Build-to-Sell (BTS) business, after securing an unprecedented institutional placement of capital totalling $400million from a global institutional investor to develop BTS across Australia.
Australia’s construction costs continue to rise at record rates
CoreLogic Research Director Tim Lawless said while the rising cost of construction was not new, the persistent increase in construction costs would continue to have a big impact nationally. CoreLogic Construction Cost Estimation Manager, John Bennett, said the Cordell costings team were...