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Dentons and Colliers achieve landmark NSW sale

Dentons advised on all aspects of the collective sales process and handled the Land and Environment Court proceedings, while Colliers International agents Gus Moors and Karen Wales marketed 252 Sussex Street through an International Expressions of Interest campaign.

National

The Economy

Housing finance figures show slight growth

Real Estate Institute of Australia President Adrian Kelly said overall the figures for June 2019 show, in seasonally adjusted terms, that the number of owner-occupied finance commitments excluding refinancing increased by 0.4 per cent.

Victoria (Vic.)

People

Better Homes and Gardens Real Estate opens Richmond office

The footprint for Better Homes and Gardens Real Estate continues to grow with the opening of the first Victorian office in Richmond.

Queensland (Qld)

People

Ray White members descent onto Queensland for Ignite 2019

Queensland's Ignite 2019 program brought together over 700 Ray White Group members for a day of training and advice on how to navigate current market conditions.

New South Wales (NSW)Sydney

Featured Property

Found: ‘Poirot’s’ art deco penthouse

Positioned within Darlinghurst’s iconic 'Mont Clair' building, this 6th floor apartment takes in breathtaking views of the CBD, Harbour Bridge, Opera House and Sydney Harbour. For sale by Anthony Birdsall of Laing Real Estate Potts Point.

National

The Economy

Lending to households continues to fall - HIA

Overall lending to home buyers (excluding refinancing) posted a modest lift in June but remains considerably below earlier levels, according to Housing Industry Association of Australia (HIA).

Queensland (Qld)

Construction

Bargara residential development heading to auction through Ray White Special Projects

A 5.935 hectare land development site, designated as Low-Density Residential and directly adjoining the Palm Lakes Bargara lifestyle resort, is being marketed by Ray White Special Projects Queensland Executive Directors Mark Creevey and Tony Williams.

National

People

Laing+Simmons celebrates at annual awards

Laing+Simmons Managing Director Leanne Pilkington said the awards night is an important way to recognise the efforts of the network’s best operators in a challenging market.

Victoria (Vic.)

Featured Property

‘Tyneside’: Country lifestyle property

On the market for the first time in 22 years, this grand estate is one of Emerald's hidden treasures, featuring a main residence, two additional accommodation options, and equestrian facilities. For sale by Corinne Sukroo and Aaron Day of Bell Real Estate Olinda.

National

The Economy

Property listings lowest since 2010, CoreLogic

All states experienced a decline in fresh property sales listings, with Sydney -32.5% lower than a year ago, Melbourne is down -29.3%, and Brisbane has decreased by -19.8%.

Pages

News Roundup

http://www.afr.com/real-estate/merivale-buys-the-alexandria-hotel-for-10-million-20160811-gqq9rj

Merivale buys the Alexandria Hotel for $10m

Justin Hemmes hospitality group has acquired the Alexandria Hotel in Sydney's Redfern for $10m with plans to update.

The Australian Financial Review

http://www.afr.com/real-estate/residential/qld/brisbanes-surprising-milliondollar-suburbs-20160811-gqpwqs

Brisbane's surprising million-dollar suburbs

Bulimba has been named Brisbane's top suburbs for million-dollar-plus sales.

The Australian Financial Review

http://www.afr.com/opinion/columnists/reserve-banks-glenn-stevens-argues-against-an-overreliance-on-low-rates-20160810-gqpfd5

Glenn Stevens argues against an over-reliance on low rates

Glenn Stevens has highlighted the limitations of relying on ultra-low interest rates to boost growth.

The Australian Financial Review

http://www.afr.com/business/banking-and-finance/financial-services/five-cba-charts-that-tell-us-about-the-health-of-the-economy-20160810-gqozpq

Five CBA charts that tell us about the health of the economy

Chart 5 shows property supply is ahead of demand, largely as a result of slower population growth.

The Australian Financial Review

http://www.dezeen.com/2016/08/05/new-york-supertall-towers-damage-city-fabric-elizabeth-diller-interview/?utm_medium=email&utm_campaign=Daily%20Dezeen%20Digest&utm_content=Daily%20Dezeen%20Digest%20CID_8177ce8cfe38ffd9d5fc21c7e9632d45&utm_source=Dezeen%20Mail&utm_term=Elizabeth%20Dillers%20warning%20that%20supertall%20towers%20are%20damaging%20the%20city

New York's supertall towers 'damage the city fabric' says Elizabeth Diller

Diller Scofidio + Renfro co-founder Elizabeth Diller has hit out at New York's spate of luxury skyscrapers, saying the city is being developed piecemeal with no overarching plan.

Dezeen

http://www.afr.com/real-estate/private-lenders-lining-up-1b-for-developers-and-residential-buyers-20160809-gqog8p

Private lenders lining up $1b for developers and residential buyers

Private lenders are about to pour another $1 billion into Australian real estate, filling the gap left by the withdrawal of major Australian banks.

The Australian Financial Review

http://www.afr.com/lifestyle/the-garden-path-to-architect-lucy-clemengers-home-20160731-gqhve8

Why architect Lucy Clemenger chose this Melbourne home

Melbourne architect Lucy Clemenger bought a Victorian home in Prahran, Melbourne, because it backed onto Victoria Gardens, which was designed by eminent landscape designer Edna Walling in the late 1940s.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/barangaroo-sales-to-help-charity-housing/news-story/06d31f35db5b627bd6cb783efe5f76ca

Barangaroo sales to help charity housing

Luxury apartments at Sydney’s Barangaroo have been earmarked to boost NSW’s affordable housing supply under a plan compelling buyers to set aside a portion of the proceeds for charity.

The Australian Financial Review