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MELBOURNE BUSINESS NEWS PROPERTY


Record revenue for Rent.com.au as payments platform reaches $250m milestone

Record revenue for Rent.com.au as payments platform reaches $250m milestone

Perth-based property rental platform Rent.com.au (ASX: RNT) has see...

Construction supply chain startup Matrak raises $2.9m as China beckons

Construction supply chain startup Matrak raises $2.9m as China beckons

Melbourne-based startup Matrak, a company that is streamlining supp...

Abu Dhabi fund ADQ buys 49pc stake in infrastructure investor Plenary for $1 billion

Abu Dhabi fund ADQ buys 49pc stake in infrastructure investor Plenary for $1 billion

Abu Dhabi-based sovereign wealth fund ADQ has reached a deal to buy...

Lifestyle Communities sheds $254m as shares plunge on home settlements downgrade

Lifestyle Communities sheds $254m as shares plunge on home settlements downgrade

Shares in Lifestyle Communities (ASX: LIC) have reached their lowes...

Housing disaster to "get quite a lot worse before it gets better", says Deloitte Access Economics

Housing disaster to "get quite a lot worse before it gets better", says Deloitte Access Economics

Deloitte Access Economics is forecasting a "more promising&quo...

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Salter Brothers’ hospitality arm debuts Ardour hotel brand with Kingsford Barossa

Salter Brothers’ hospitality arm debuts Ardour hotel brand with Kingsford Barossa

Melbourne-based Salter Brothers is rebranding the Kingsford Barossa...

UniSuper plans $1b industrial park after paying $260m for Orica site in Melbourne

UniSuper plans $1b industrial park after paying $260m for Orica site in Melbourne

Orica (ASX: ORI) has sold a major greenfield industrial site in Mel...

St Hilliers Contracting group’s debt exposure could top $40m, creditors told

St Hilliers Contracting group’s debt exposure could top $40m, creditors told

Creditors to Sydney-based St Hilliers Contracting have been to...

MA Marina Fund grows its portfolio with $33m deal for East Coast Marina in Manly, QLD

MA Marina Fund grows its portfolio with $33m deal for East Coast Marina in Manly, QLD

Alternative asset manager MA Financial (ASX: MAF) has lifted its ex...

Simonds Group swings back into profit despite a fall in house builds

Simonds Group swings back into profit despite a fall in house builds

Homebuilder Simonds Group (ASX: SIO) has swung back into the black ...

Resort developer Li Zhang sentenced to 10 years in jail for tax fraud

Resort developer Li Zhang sentenced to 10 years in jail for tax fraud

A developer who conspired to defraud the Commonwealth of tax income...

Mirvac abandons $670m Brisbane tower amid challenging market conditions

Mirvac abandons $670m Brisbane tower amid challenging market conditions

The proposed $670 million redevelopment of the heritage-listed Bris...

Japan takes the lead in Australia's real estate investment inflows

Japan takes the lead in Australia's real estate investment inflows

Foreign direct investment (FDI) in Australian real estate had a tas...

MA Financial buys Four Points by Sheraton hotel in Melbourne's Docklands for $96m

MA Financial buys Four Points by Sheraton hotel in Melbourne's Docklands for $96m

Alternative asset manager MA Financial Group (ASX: MAF) will seed a...

St Hilliers places construction arm in administration

St Hilliers places construction arm in administration

St Hilliers, a developer that is currently involved in the $100 mil...

Ralan Group boss O’Dwyer sentenced to four years in prison over loans fraud

Ralan Group boss O’Dwyer sentenced to four years in prison over loans fraud

Ralan Group founder William O’Dwyer has been jailed for four ...

Centennial and Parkstone Funds Management buy Bundaberg retail centre for $107m

Centennial and Parkstone Funds Management buy Bundaberg retail centre for $107m

Boutique fund managers Centennial and Parkstone Funds Management ha...

Victorian family business Langdon Building calls in administrators

Victorian family business Langdon Building calls in administrators

One of the builders that was shortlisted to assist customers follow...

Hamton Property gains approval for $500m project on former University of Melbourne campus

Hamton Property gains approval for $500m project on former University of Melbourne campus

Melbourne’s Hamton Property Group has secured approval to red...

Autodesk acquires Melbourne software prop-tech Payapps

Autodesk acquires Melbourne software prop-tech Payapps

California-headquartered global software giant Autodesk (NASDAQ: AD...

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