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  • Aged Care Development on the Gold Coast Ramps Up

    ASX-listed retirement developer Aveo has received approval for a 16-storey retirement tower on the Gold Coast, with construction set to begin before the year is out. The Gold Coast City Council approved the $62.5 million tower in the suburb of Labrador, with the development set to accommodate 96 one-, two- … Read more

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  • Chinese Investors Still Hungry for Commercial Property

    Commercial real estate remains the second most attractive sector for Chinese investment, but purchasers are becoming more selective with their targets, says a new report released recently by KPMG and The University of Sydney. Demystifying Chinese Investment in Australia reveals Chinese investors are targeting smaller, higher-quality real estate assets in … Read more

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  • LUSTRE RETURNS TO GOLD COAST OFFICE MARKET

    Gold Coast’s office market is experiencing vacancy rates at 10-year lows as a result of improved business confidence, limited new supply and affordability. The rate of 10.6 per cent is the lowest recorded on the Gold Coast since July 2008. “The vacancy rate has fallen due to sustained and improved business confidence and … Read more

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  • Palm Beach’s latest development popular with locals

    A PALM Beach development is proving a winner with buyers because of its luxurious beachside location, high-end finishes and spectacular ocean views. GOLD Coasters have emerged as the biggest group of buyers at Sable on Palm. The luxury Palm Beach development on 88 Jefferson Lane features 39 two and three-bedroom … Read more

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  • Gold Coast $1.2 Billion Spirit Tower Soars to New Heights

    Queensland’s tallest residential tower, the $1.2 billion “Spirit”, will rise almost 300 metres above the Gold Coast and inject $1.84 billion into its economy. Chinese-backed developer Forise Holdings the 89-storey residential apartment tower, offering 479 residential dwellings, will create a new landmark for the city. The project of mass proportions … Read more

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  • DHL Express to launch Gold Coast service centre

    DHL Express has announced that it will open a new purpose-built service centre on the Gold Coast, within the key industrial area of Molendinar, and is expected to be fully operational in the second half of 2018. The service centre will have a particular focus on small and medium-sized enterprises … Read more

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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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