Savills establishes residential projects team Queensland
The move by Savills Queensland into the residential sector sees Jo Prince-Gillies come onboard as State Director, Residential Project Marketing, leading the team with a particular focus on ‘off the plan’, premium apartments and townhouse developments across South East Queensland.
More housing supply would render reforms redundant, says REIQ
REIQ CEO Antonia Mercorella said the problems the State Government keeps trying to solve through constant legislative reform, were symptoms of a market with dire supply levels, which continues to the elephant in the room.
South Yarra Art Deco block for sale first time in 81 years by Stonebridge Property Group & RT Edgar
A whole block of 4 art deco apartments at 120-122 Park Street South Yarra for sale by Stonebridge agents Dylan Kilner, Julian White & Shawn Luo in conjunction with RT Edgars Max Ruttner.
5.55ha landmark site sold in Perth’s western suburbs for $53m by Knight Frank
A retirement village and neighbouring vacant land in Perth’s western suburbs has sold in a $53 million deal purchased by West Australian property developer HN Asset Pty Ltd, an entity within the Hesperia Group, from Regis Healthcare Limited negotiated by Knight Frank, agents Sam Biggins, Tony...
Former PEXA C-suite executive John Zak joins 3D proptech scaleup LARKI
LARKI, the innovative proptech scaleup focused on 3D and AI technology for architectural design and planning permit assessments, has appointed former PEXA C-suite executive John Zak to the newly created role of Chief Business Development Officer. Mr Zak will also serve as an Executive Director...
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...
CBRE Appoints Andrew Purdon as New Living Sectors Lead Amid Ongoing Interest in Build-to-Rent
CBRE has appointed Andrew Purdon to a newly created Pacific role as Regional Director – Living Sectors, Capital Markets, to drive the firm’s service offering in the fast-growing build-to-rent (BTR), purpose-built student accommodation (PBSA) and co-living sectors.
Greystar and Fender Katsalidis announce approval of Australia’s largest build-to-rent development
Located in the Inner Melbourne suburb of South Yarra, Australia’s largest approved build-to-rent project will bring increased housing diversity and best-in-class resident amenity facilities to Australia, showcasing industry-leading innovation from Greystar, Fender Katsalidis, Contour Town...
Silverstone Coomera healthcare development site sold for $9.4m
Vital Healthcare Property Trust (Vital), managed by NorthWest Healthcare Properties Management Limited, has acquired a significant development site in Coomera on the Gold Coast for $9.4 m. The off-market transaction by Cushman & Wakefield’s Middle Markets team Mike Walsh and Peter Court.
