Game-changing Tax Reforms for BTR Housing: A Boost for the Melbourne Market
The reduction of the Managed Investment Trust (MIT) withholding tax rate from 30 to 15 per cent, along with the increase in depreciation benefits from 2.5 per cent to 4 per cent per year for new BTR projects, will make it easier for foreign capital, particularly from Global Institutional Pension...
Prized inner Melbourne landholding for sale set to attract developers and land bankers Melbourne - CBRE
A landmark South Melbourne island site for sale behalf of a private family office for the first time in over 30 years. Coined New Domain for sale by the CBRE Melbourne Metropolitan Sales team of Nathan Mufale, David Minty and JJ Heng.
Oreana acquires substantial Donnybrook landholding for 1400-lot community
Oreana Property has made one of its most significant greenfield land acquisitions to date – purchasing 125 hectares that forms part of the Peppercorn Hill community in Donnybrook. LAWD's Peter SagarandPaul Callananhandled the transaction.
A permit approved development site within Glen Iris Retail Village for sale - JLL
Planning approval for a 6-level office project within a highly connected location, 1539 High Street & 2 Paran Place Glen Iris for sale by JLL Melbourne’s Jesse Radisich, Nick Peden and MingXuan Li in conjunction with Walter Occhiuto and Andrew Dawkins from Dawkins Occhiuto.
Land sales edge to a new recent low as market nears bottom says RPM
The latest report from RPM Research & Data for Q4 2022 shows gross greenfield land sales across the Melbourne and Geelong growth corridors fell 24 per cent to 2,054, with the rolling 12-month average down 70 per cent to 14,567, Says Luke Kelly, RPM.
In the US, large companies currently own five per cent of residential rental properties “multi-family” assets
Multi-family in the US is the largest property investment type . A study by MetLife Investment Management has forecast that by 2030, this asset class will increase to 40 per cent. In Australia, “build-to-rent”, as we call “multi-family” is still in its infancy. With 84% owned by private...
International hire adds further firepower to CBRE’s growing Living Sectors Capital Markets platform
CBRE has further strengthened its Living Sectors Capital Markets platform with the appointment of highly experienced property professional Alex Shaw, who has transferred from the firm’s London office. “Alex’s appointment aligns with increased demand for international Capital Markets expertise in...
Woolworths Group seeks development partner for mixed-use Elsternwick site - Stonebridge Property Group
Woolworths Group, seek a development partner for its approved Elsternwick mixed use precinct at 10-16 Selwyn Street. Includes high quality mixed-use retail, 139 boutique residential apartments and a full line specialty Woolworths supermarket in the heart of Elsternwick. Andrew Loveday, General...
Gurner Group continues growth of strategic funds management arm, appoints Rahul Bharara as Chief Investment Officer
The Gurner Group’s current assets under management of circa $5.1 billion, and as part of its next phase of growth, Gurner Group has appointed senior property executive Rahul Bharara as its first Chief Investment Officer.
AURA by Aqualand game changing display showroom revolutionises buying property
Aqualand, has set a new benchmark in property marketing with the innovative technology on show at their latest development in North Sydney, AURA by Aqualand. Designed in collaboration with proptech company DisplaySweet, the multi-million-dollar showroom features a number of state-of-the-art...
