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  • RISE IN FOOD DELIVERY LEADING TO SMALLER FAST-FOOD RESTAURANTS

    Online food delivery services are making it easier for fast food retailers to downsize their real estate, property insiders say, but operators admit the delivery commission costs are cutting into their profits. A real estate agent said the rise of online food aggregators, such as UberEats and MenuLog, have reduced fast … Read more

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  • Major brokerage calls for remuneration reform

    One of the nation’s largest brokerages has called for a number of reforms to broker commissions and clawbacks and believes that a registry for “bad brokers” should also be introduced. Speaking at a media lunch in Sydney on 23 April, Loan Market executive chairman Sam White revealed his thoughts on … Read more

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  • Co-working to eat up traditional offices in droves

    Traditional offices with a reception desk and waiting area are set to go the same way as video stores, according to Christie’s chief executive Rob Christie. As the operator of six co-working spaces in Brisbane, Sydney and Melbourne, Mr Christie said “social change” was driving the rent-a-desk culture. Figures from … Read more

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  • Demolition on cards for Sanctuary Cove Country Club?

    Could demolition be on the horizon for the iconic Country Club building that sits proudly upon a hill at the Sanctuary Cove resort? It’s a prospect that might well have the resort’s colourful founder, Mike Gore, turning in his grave. That prospect has arisen as the result of a deal … Read more

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  • Gold Coast R&D Investment Transforms Games Village

    Work to transform the Commonwealth Games Village to form part of a 200-hectare Gold Coast health and knowledge precinct has begun. The project is spearheaded by the City of Gold Coast in collaboration with the Queensland Government, Griffith University and Gold Coast Health is part of a $550 million Health and Knowledge … Read more

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  • Commercial Property Investment remains in a ‘Sweet Spot’

    Commercial property investors will continue to benefit from the positive investment climate says the Australian Real Estate Quarterly Review Q2 2018. “Real estate remains in a ‘sweet spot’ where positive occupier demand and a relatively steady cost of capital continue to support investor returns,” said by the General Manager (Research) of … Read more

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  • Specialty Tenants Feeling the Pain

    More shopping centre specialty tenants are asking for rent relief as they battle the threat of e-commerce and a softer retail environment, according to an industry survey. The threat of disruption is also pushing shopping centre landlords to manage their malls better, by bringing in tenants less likely to lose … Read more

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  • Online Grocery the ‘Next Biggest Prize’ in Retail

    Grocery is the next key target for online retailers across Asia Pacific, according to the latest annual e-commerce forecast from global research firm Forrester. In its latest report, Forrester says with over $5 trillion in sales at stake in the global grocery category, both offline and online retailers are fighting … Read more

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  • Instagram launches shopping tool in Oz

    Social media application Instagram launched its shopping tool function in Australia, allowing consumers to shop directly off the platform. Businesses can setup product catalogues through Instagram parent Facebook’s business manager, which they will then be able to add to Instagram posts using a tag feature. Country Road said it will … Read more

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