Breaking news from the Australian Financial Review's property team.
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AFR Property retweeted
Breaking: Home builder Porter Davis goes under #construction
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AFR Property retweeted
Cancer claims Jonathan Hallinan: Rich Lister #ausproperty developer dead at 47. #vale
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AFR Property retweeted
A seasonal boost - for now at least: Auctions start 2023 with a bang but it could be very short-lived. #ausproperty
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Where homes with a tennis court are luring buyers bit.ly/3D0uYRZ
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AFR Property retweeted
Print journo steps in front of mike. And lives to tell the tale. #podcastrookie
This week in The Fin podcast, deputy property editor @MichaelBleby explains the housing market’s wild ride in 2022, why prices are still falling, and what might happen next year. bit.ly/3jokDrT
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An official announcement is still some months off, but the mixed-use project on the edge of the CBD has more than doubled in value since it went to tender in June last year, reports @MichaelBleby. bit.ly/3PDDvzd
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Auction clearance rates fell to their lowest levels since early July, ending the year on a weaker footing, data from CoreLogic shows, reports @nilasweeney. bit.ly/3V9UieD
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The Cohen family has bought one of Melbourne’s best-known pubs and live entertainment venues, which sold with a 20-year lease to pub giant Australian Venue Co, reports @larryschles. bit.ly/3FH9euS
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While national standards are in place to boost energy efficiency of new homes, rules for the country’s existing 11 million homes vary by state and territory, reports @MichaelBleby. bit.ly/3PDUrpf
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The Kennard family is the first external investor in Australian Natural Therapeutics Group, which will quadruple production through a new facility in Brisbane, @larryschles. bit.ly/3v16MKT
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House prices in Adelaide, much like Perth, are expected to remain stable despite eight-months of rate increases, predicts South Australia’s treasurer Stephen Mullighan, reports @SimonMEvans. bit.ly/3WanlzQ
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The commercial landlord’s write-down of values is the start of a trend that analysts say is likely to play out more widely over 2023, reports @MichaelBleby. bit.ly/3WrkBxN
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The owner of one of Palm Beach’s most envied holiday homes, property developer Margaret Rose, shares her story of creating Sydney’s ultimate getaway, reports Bonnie Campbell. bit.ly/3hEexTZ
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AFR Property retweeted
It's commissions drawn in prestige property land: Prestige agents duke it out over $23m sale. #RearWindow #ausproperty
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In this week’s Carbon Challenge newsmaker interview, PNG Petroleum Minister Kerenga Kua explains why he's keen to develop vast clean energy opportunities. Sign up today to read the full Q&A. lnkd.in/gT4Bw-Fh
The asset class that’s inflation and recession-proof: your local pub. @larryschles goes behind the counter for @afrmag. #ausproperty
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‘Why am I putting up with behaviour like this? Why would I do that, why should anyone do that? Landlord #Vicinity CEO’s early exit followed sexual harassment warning. @NickLenaghan reports.
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A return to the capital cities after the pandemic exodus could be behind a rise in vacancies and a fall in costs. bit.ly/3TEuFls
The lobby group’s latest forecasts show the importance of apartments in offsetting the coming slump in detached housing construction. bit.ly/3EAwoDO
The sale of seven properties on a street corner is an example of private players convinced there is a bright future for one of the country’s most battered CBDs. bit.ly/3UHwzCS