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Vacancy rates stabilise in metro areas, but rental crisis far from over - REINSW

After taking a dive last month, the REINSW Vacancy Rate Survey results show that residential vacancies in Sydney stabilised in August.

New South Wales (NSW)Sydney

Featured Property

Bespoke Bellevue Hill for sale - The Agency

6 Rupertswood Avenue Bellevue Hill for sale by Steven Chen of The Agency offers a multi-award winning home with exclusive Eastern Suburbs position.

National

People

Learn How Clinton Eastell grew his agency business

Clinton Eastell shares how going out on his own has been life changing, all with the help from UrbanX.

Victoria (Vic.)Melbourne

People

REIV members to REACH new insight levels via innovative proptech partnership

REIV CEO Quentin Kilian said the partnership will help REIV deliver on its vision to embrace and nurture the innovative technologies that contribute to a stronger and more sustainable property sector in the modern-world.

Queensland (Qld)

Featured Property

c.1910 Forest Gate homestead for sale - The Agency

31 Forest Gate Lane Silver Ridge for sale by Denise Upton and David Benham of The Agency on 125Ha with views across Tabletop Mountain, Picnic Point, and Derrymore Valley.

National

The Economy

Decline in home ownership affordability outpaces rental: REIA

Real Estate Institute of Australia (REIA) President, Mr Hayden Groves said housing affordability for both home buyers and renters continued to worsen in the June quarter as lack of supply and surging interest rates impacted home ownership and tenancies.

Western Australia (WA)Perth

People

Top auctioneers battle for Gift of the Gavel

Prash Nayar from Perth Realty Group has been recognised as Western Australia’s best auctioneer, winning the senior category at REIWA’s annual Gift of the Gavel Auctioneering Championships.

New South Wales (NSW)Sydney

People

Patience, not practice, makes perfect

BresicWhitney’s Andrew Liddell reflects on why patience is necessary in the current market, and why it’s even more pertinent in the premium property space.

National

The Economy

John McGrath – How to choose an agent this Spring

According to John McGrath, Chief Executive Officer of McGrath Estate Agents, it’s really worth your time and effort to make sure you find the right agent for you.

New South Wales (NSW)

People

2022 REINSW Awards for Excellence winners announced

REINSW has recognised outstanding industry achievement, crowning the winners of its 2022 REINSW Awards for Excellence.

Pages

News Roundup

https://www.retalkmena.com/news/2018/09/27/meet-knight-frank-dubai-offices-new-recruit/1537999232

Meet the Knight Frank Dubai office's new recruit

Tom Swallow has joined Knight Frank as a Senior Surveyor in the Occupier Services and Commercial Agency team.

RETalk Mena

https://www.retalkasia.com/news/2018/09/28/manilas-office-rents-among-apacs-most-affordable-santos-knight-frank/1538088916

Manila's office rents among APAC's most affordable - Santos Knight Frank

Rick Santos of Santos Knight Frank says, “Manila has the second fastest year-on-year rental growth in Asia Pacific. It also remains as the second most affordable with one of the lowest gross effective rents."

RETalk Asia

https://www.thebusinessconversation.com.au/property/1-otho-st-inverell-2360/bridge-coffee-lounge-inverell-sale

The Bridge Coffee Lounge Inverell for sale

Located in the heart of Inverell, this restaurant and takeaway business in the Sapphire City has been in operation for more than 20 years, and includes multiple options to expand. Business only for sale by Wally Duff of Rex Daley Realty Inverell.

The Business Conversation

https://www.thehotelconversation.com.au/news/2018/09/27/so-auckland-hotel-announces-design-partner-november-2018-opening/1538005217

SO/ Auckland hotel announces design partner for November 2018 opening

International luxury lifestyle hotel brand SO/ will open its first hotel in Auckland on 1 November 2018, with renowned Kiwi fashion innovators WORLD announced as the signature design partner.

The Hotel Conversation

https://gapurabali.com/news/2018/09/26/foreign-investment-opportunities-indonesian-property-sector-continue-grow/1537927827

Foreign investment opportunities in Indonesian property sector continue to grow

To make the most of foreign investment opportunities BKPM and REI call for less red tape, greater clarity, better cooperation and professionalism from all government and private stakeholders.

Gapura Bali

https://www.retalkmena.com/news/2018/09/27/aldar-acquired-complete-control-khidmah/1537999503

Aldar acquired complete control of Khidmah

Aldar Properties now has full ownership of one of the UAE's top property services companies.

RETalk Mena

https://www.rethinktokyo.com/2018/09/26/tsukiji-real-estate

Future of Tsukiji: What will happen to the prime real estate freed up by the market move?

A quick overview of the facts and fiction surrounding the fish market move.

Rethink Tokyo

https://www.thehotelconversation.com.au/news/2018/09/26/novotel-twin-waters-resort-sold-100m-deal-shakespeare-property-group/1537913890

Novotel Twin Waters Resort sold in $100m deal to Shakespeare Property Group

The Shakespeare Property Group has completed the $100 million purchase of Novotel Twin Waters Resort on Queensland’s Sunshine Coast, who intent to improve the current facilities and reposition the resort as a leading business events venue and leisure resort in Queensland.

The Hotel Conversation