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Outer Melbourne joins regional Victoria in record breaking prices - REIV

The flee from city living has intensified for Victorians, according to the Real Estate Institute of Victoria (REIV), with new data showing outer Melbourne has joined regional Victoria in the latest round of record-breaking house prices.

National

The Economy

Pet-friendly rentals a rarity - Ray White

In this week's update, William Clark, Ray White's Economics Team looks at the state-of-play in pet-friendly listings, where a landlord explicitly states intent to grant permission for a potential tenant.

National

The Economy

Falling values spread to 40% of Australia’s house and unit markets - CoreLogic

CoreLogic’s interactive Mapping the Market tool, updated today, shows 41.9% of house and unit markets analysed in the June quarter declined in value, a significant increase on Q1, when 23.6% of markets recorded a fall in values.

National

The Economy

John McGrath – Rental shortage & rising rents: What it means for investors & tenants

According to John McGrath, Chief Executive Officer of McGrath Estate Agents, it’s a good time for investors to get into the market.

National New South Wales (NSW)Sydney

People

Knight Frank appoints Luke Hayes Director of Residential Project Sales Knight Frank

Knight Frank Interim Head of Residential Erin van Tuil said Knight Frank was expanding its residential team with a growing focus on Residential Project Sales.

Queensland (Qld)Brisbane

Featured Property

Admiralty Towers Penthouse for sale with stunning Brisbane views - Place

192 / 501 Queen Street Brisbane City for sale by Drew Davies and Olivia Charlton of Place Ascot delivers space and style one of Brisbane's in most exclusive addresses.

New South Wales (NSW)Sydney

Featured Property

Hunters Hill waterfront for sale on 1,385sqm - The Agency

24 Martin Street Hunters Hill for sale by Lee Dowdall and Stephanie O’Sullivan of The Agency offers inspiring views and incredible potential in a prestigious location.

Victoria (Vic.)Melbourne

Featured Property

Renovated period Surrey Hills home for sale - The Agency

38 Wandsworth Road Surrey Hills for sale by Mitchal Towns and Elkie Zhou of The Agency offers an idyllic blend of old and new.

Queensland (Qld)Brisbane

Featured Property

Contemporary Clayfield home for sale - Place

3A Sefton Road Clayfield for sale by Drew Davies and Carter Lagana of Place Ascot boasts a coveted north-east facing orientation in an esteemed Clayfield enclave.

New South Wales (NSW)

Featured Property

Southern Highlands Burradoo home for sale – The Agency

37a Sunninghill Avenue Burradoo for sale by Ben Olofsen and Stephanie Blatch of The Agency delivers superb liveability in a luxurious lifestyle location.

Pages

News Roundup

https://www.thebusinessconversation.com.au/property//telstra%E2%80%99s-2018-nt-business-year-purple-house-effecting-real-social-change

Telstra’s 2018 NT business of the year Purple House is effecting real social change

The Aboriginal Community Controlled organisation provides life-saving treatment and education to remote Indigenous communities.

The Business Conversation

https://www.retalkmena.com/news/2018/08/16/uae-revealed-most-competitive-economy-mena/1534367700

UAE revealed as most competitive economy in MENA

The World Economic Forum and World Bank have released The Arab World Competitiveness Report 2018, stating the UAE’s economy is resilient to shock.

RE Talk MENA

https://www.thehotelconversation.com.au/news/2018/08/16/intercontinental-hotel-auckland-anchor-1bn-one-queen-street-development-commercial

InterContinental Hotel Auckland to anchor $1bn One Queen Street development in Commercial Bay

Auckland will welcome a flagship 244-room InterContinental hotel in 2022 with IHG and Precinct Properties signing a management agreement, which will complete the $1 billion Commercial Bay mixed-use development.

The Hotel Conversation

https://www.retalkasia.com/news/2018/08/16/myanmar-allows-100-foreign-ownership-retail-sector/1534375034

Myanmar allows 100% foreign ownership in retail sector

Newly amended regulations issued by the Ministry of Commerce have opened Myanmar's retail and wholesale sector to allow foreigners 100% ownership in retail operations.

RE Talk Asia

https://gapurabali.com/profiles/2018/08/14/get-know-gus-rai-inspiration-behind-balis-most-award-winning-homegrown-business

Get to know Gus Rai, the inspiration behind Bali's most award winning homegrown business

Ida Bagus Rai Budarsa, more commonly known as Gus Rai, is the Balinese entrepreneur and visionary behind the island's first and most internationally awarded winemakers, Hatten Wines.

Gapura Bali

https://www.thehotelconversation.com.au/news/2018/08/14/quest-opens-penrith-region-transitions-third-major-city-sydney/1534252325

Quest opens in Penrith as the region transitions to third major city in Sydney

The doors have opened at Quest Penrith, 83 Lord Sheffield Circuit, increasing the brand’s offering in New South Wales by 115 rooms.

The Hotel Conversation

https://www.rethinktokyo.com/2018/08/15/tokyo-popular-buildings-landmarks

The architects of success: Behind Tokyo's famous landmarks

Tokyo's skyline is a striking silhouette of styles and shapes, and with plenty of leading names behind many of the most recognisable examples, it may be a surprise how many are homegrown talents.

REthink Tokyo

https://www.thebusinessconversation.com.au/property//telstra%E2%80%99s-2018-nt-business-year-purple-house-effecting-real-social-change

Telstra’s 2018 NT business of the year Purple House is effecting real social change

The Aboriginal Community Controlled organisation provides life-saving treatment and education to remote Indigenous communities.

The Business Conversation