Commercial Property Investment - An Investor's Guide

Commercial Property Investment - An Investor's Guide

Improving your cash flow is the key to financial freedom when investing. Mark Ribarsky of Wise Real Estate Advice looks at commercial property, and the pros and cons you need to know in this sponsored post. Financial freedom is the long-term vision for every property investor, but this goal is rarely achieved when investing in residential...

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Catch Group acquires new warehouse in Melbourne

Catch Group acquires new warehouse in Melbourne

Major e-commerce player Catch Group has announced a new warehouse and chairman as it positions for growth. Leading online retailer Catch Group is on track to doubling its capacity after securing a new 22,000 sqm warehouse close to its current facilities in Truganina, Melbourne. In a release, the company says that with additional mezza...

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Default deals parting blow to 360 Capital in NEXTDC saga over APDC

Default deals parting blow to 360 Capital in NEXTDC saga over APDC

Update: Since this story was published, APDC has advised that Bankwest confirmed its consent to pay the special distribution and the September quarterly distribution.  After already dropping its price to get the Asia Pacific Data Centre Group (APDC) saga over and done with, former majority shareholder 360 Capital may end up...

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Ponzi property sold at Sanctuary Cove but delays cut price by $1m

Ponzi property sold at Sanctuary Cove but delays cut price by $1m

The fire sale of a Gold Coast property linked to an international Ponzi scandal was completed on Friday with the final bid of $3.9 million made by an existing Sanctuary Cove resident.  The auction for the property on 1019-1020 Edgecliff Drive, Sanctuary Cove was the final sale in Queensland aimed at liquidating funds from Pearl Group...

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Sanctuary Cove property from Indian Ponzi scheme to go under the hammer tomorrow

Sanctuary Cove property from Indian Ponzi scheme to go under the hammer tomorrow

Of the 58.5 million Indians who were swindled in a Ponzi scheme of gargantuan proportions led by Nirmal Bhangoo Singh and the Pearl Group, more than 46 million are still owed money and some of those funds remain tied up in Australian property.  According to documents given to the Securities and Exchange Board of India (SEBI) in 2014,...

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