Lendlease $1.3bn Sell-Off Clears Final Hurdle
After nearly a year of waiting, Lendlease has the go-ahead for a $1.3-billion deal to offload a dozen masterplanned communities. Approval from the Foreign Investment Review Board this week marks the final regulatory hurdle for the major acquisition by fellow developer Stockland.
Top 10 Transactions of 2024 | The Urban Developer
The commercial property sector is capitalising on renewed confidence and price recalibrations to chalk up stronger transaction volumes in 2024...
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Meriton Unveils New Soaring Gold Coast Tower Plan
The Gold Coast is just wild about Australia's highrise king Harry Triguboff, and clearly the feeling is mutual. Triguboff’s Meriton Group has lodged plans for a 74-storey tower comprising 519 apartments on the Surfers Paradise beachfront.
Building Costs Climb Again, Threatening Housing Targets
During the 12 months to September, costs rose 3.2 per cent compared to 2.6 per cent over the 12 months to June, 2024. The costs were down compared to the 4 per cent increase over the 12 months to September, 2023.
Olympic Makeover Plans for Brisbane’s Paddo Tavern
On a 4165sq m site at 186 Given Terrace, the Paddington Tavern is part of McGuires Hotels—the largest family-owned pub chain in Queensland. Its history dates back to the 1870s but the tavern as most people now know it was built in the 1980s with additional refurbishments undertaken in the early 2000s.
Melbourne’s Town Hall Station Revamp Unveiled
Renders show a station entrance featuring a glass canopy above five escalators leading to a two-tiered concourse. Transport infrastructure minister Danny Pearson said that City Square “has been one of Melbourne’s favourite meeting places for decades and we’re delighted that this revamped landmark location will return to the people when the Metro Tunnel opens in 2025”.
Merivale Lifts Cover on Sydney CBD Masterplan
Under the plans there would be a boutique hotel, hospitality venues, and wellness facilities as well as office spaces within the precinct. The heritage buildings all neighbour each other and the project would retain the current heights and footprints of the buildings.
Decade-Long Berry Lane Masterplan Greenlit | The Urban Developer
Lot sizes range from 360sq m to more than 1000 square metres. The site, previously part of the Graham Park complex used by the University of Wollongong as an educational facility, is largely cleared and maintained as pasture.
Builder Walks Off Gold Coast Tower Project After Pay Dispute
A case was lodged with the Supreme Court of Brisbane last week by the Heran Group-owned York Property Holdings, the proponent of the development, against Tomkins, although a directions hearing scheduled for September 12 had not been assigned so the status of the court case remains unclear.