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John McGrath – Capital growth now stronger for cheaper homes

Australian home values continue to trend higher this year, and despite an increase in the number of homes going to auction before the Easter holidays, the national preliminary clearance rate is holding up well at about 70%.

National New South Wales (NSW)Sydney

People

Raine & Horne supercharges rebrand with an expanded Corporate Marketing team

Real estate group Raine & Horne reinforces its network event offerings and digital marketing strategy by recruiting experienced industry professionals Rodney Fitzgerald and Emma Woods.

New South Wales (NSW)Sydney

People

First National announces NSW 2024 General Excellence and Marketing Awards Winners

First National Real Estate’s NSW agents were presented with their 2024 General Excellence and Marketing Awards at the Hyatt Regency, Sydney on Saturday night.

International

Design

Introducing Mandarin Oriental Exclusive Homes

Mandarin Oriental Exclusive Homes a branded collection of the world’s finest private vacation homes, chalets and mansions has welcomed the breathtaking Château de la Croix des Gardes into the growing portfolio for 2024.

Queensland (Qld)Brisbane Gold Coast Sunshine Coast

Politics

Mandatory CPD for real estate professionals is ‘momentous’ says REIQ

The Real Estate Institute of Queensland (REIQ) is welcoming today’s announcement from the Attorney General that mandatory continuing professional development (CPD) will be imposed on real estate practitioners in Queensland.

National

People

What the real estate industry can learn from the US Army’s people-first approach

Industries worldwide innovate to foster thriving workplace environments. Jacqui Barnes, Head of People & Growth at Laing+Simmons, draws inspiration from the US Army.

National

The Economy

Exploring diverse investment opportunities in real estate

With the Australian residential real estate market valued at $10.3 trillion and commercial real estate at $1.3 trillion in 2024, it remains a resilient and lucrative investment opportunity, offering diverse income streams and long-term growth potential says BMT.

New South Wales (NSW)

Featured Property

Four-title Seascape Red Head for sale - Real Estate of Distinction

72 Cottesloe Circuit Red Head for sale by Peter Stone of Real Estate of Distinction and Luke Crane of LJ Hooker Forster Tuncurry sets a new benchmark for coastal living footsteps from Diamond and Red Head’s beaches.

Queensland (Qld)Brisbane

Featured Property

Bayden Goddard-designed 1,422sqm Tennyson riverfront for sale - Place

27 King Arthur Terrace Tennyson for sale by Heath Williams of Place New Farm offers a tightly held estate in prestigious enclave.

International

Featured Property

Queenstown New Zealand record sale in Lakeview Te Taumata apartments - Sotheby's

Two top floors of Lakeview Te Taumata Roto Collection Queenstown New Zealand sold by Dave Fea of New Zealand Sotheby’s International Realty for over $33 million.

Pages

News Roundup

https://www.theaseandeveloper.com/news/2020/03/26/design-unveiled-shimao-shenkong-international-centre-shenzhen-china/1585197381

Design unveiled for Shimao ShenKong International Centre in Shenzhen, China

Global architecture practice MVRDV has won a competition to design the mixed-use Shimao ShenKong International Centre with its Shenzhen Terraces submission.

The ASEAN Developer

https://www.thebusinessconversation.com.au/news/2020/03/27/cosboa-calls-supermarket-taskforce-include-input-smaller-suburban-outlets/1585273926

COSBOA calls for Supermarket Taskforce to include input from smaller suburban outlets

As more people congregate in a smaller number of retail premises, COSBOA is asking for businesses such as smaller supermarkets, convenience stores, and service stations to be consulted for their input on solutions.

The Business Conversation

https://www.thebusinessconversation.com.au/news/2020/03/26/my-business-health-offers-support-small-business-pandemic-distress/1585195229

My Business Health offers support for small business in pandemic distress

The Ombudsman’s platform collates the latest information on COVID-19 government support measures as well as assistance with employer obligations, finances, available government payments, loans and tax.

The Business Conversation

https://www.commo.com.au/news/2020/03/27/scca-members-agree-no-lease-terminations-non-payment-rent/1585261096

SCCA members agree to no lease terminations for non-payment of rent

Members of the Shopping Centre Council of Australia agreed on Thursday to no lease terminations for non-payment of rent for small to medium-sized businesses as the industry works through this period of disruption in the sector.

Commo.

https://www.commo.com.au/news/2020/03/25/online-auction-bidding-delivers-record-breaking-yield-sydney-retail-food-properties

Online auction bidding delivers record breaking yield as Sydney retail food properties are sold for $7.25 million

A KFC restaurant in Dulwich Hill and a Chambers Coffee shop in Rhodes have been sold Cushman & Wakefield using online bidding.

Commo.

https://www.thebusinessconversation.com.au/news/2020/03/25/event-organisers-reveal-how-australian-events-can-bounce-back-covid-19/1585115325

Event organisers reveal how Australian events can bounce back from COVID-19

A survey of regional event organisers reveals the financial impact of the ban on public gatherings, with one event manager estimating up to $13 million will be lost by Outback communities.

The Business Conversation

https://www.thehotelconversation.com.au/news/2020/03/25/activation-canberra-cbd-drive-visitation-going-forward-cbre-report/1585098777

Activation of Canberra CBD to drive visitation going forward - CBRE report

Canberra's development of a light rail and new mixed-use precincts is expected to drive visitation to the nation's capital going forward following a disrupted 2019 for city's hotel market, CBRE says.

The Hotel Conversation

https://www.thebusinessconversation.com.au/news/2020/03/24/food-sa-seeks-feedback-food-and-beverage-businesses-covid-19-impacts/1585018636

Food SA seeks feedback from food and beverage businesses on COVID-19 impacts

SA’s peak food and beverage industry association commits to keeping Government informed as COVID-19 impacts evolve.

The Business Conversation