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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.

National

People

Ray White learns from the best

Ray White yesterday hosted its eighth Leadership Academy in a bid to provide a world-class education for its members by offering a global perspective on leadership skills and best practice.

New South Wales (NSW)

People

The right timing and the right drive: Top Penrith agent launches his own agency

After a fulfilling 15-year career as a real estate agent, Cameron Faico is making the move to create something meaningful for himself and his family, he has launched Faico & Co. with the support of UrbanX.

People

Amanda Freeman joins BresicWhitney

Sydney’s leading property group has built on its momentum in the Lower North Shore with the appointment of Amanda Freeman an established professional in Property Management.

New South Wales (NSW)Sydney

Featured Property

North Shore apartment record for Wirra by Podia and Centennial

Wirra 96-98 Ben Boyd Road Neutral Bay sold by Michelle Dong of Australia Property Group for circa $13 million a record off-the-plan apartment sale for the area.

Tasmania (Tas.)Hobart

Featured Property

Bonnie Doon retreat Hobart region Tasmania for sale - Knight Frank

3747 Channel Highway Birchs Bay for sale by Anne Boman of Knight Frank Tasmania is an impressive Brian Wyatt-designed home on almost eight acres of pasture overlooking the waterfront.

National

People

First National Real Estate announces appointment of David Edwards as Chief Executive Officer.

First National Real Estate Chair, Rob Westwood, says Mr David Edwards is an experienced CEO and Board Director.

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