The Real Estate Conversation

Contact

Knight Frank and Bayleys complete acquisition of McGrath and announce new board of directors Australia

McGrath’s new board of directors will comprise McGrath founder and CEO John McGrath, Knight Frank Australia CEO James Patterson, Knight Frank Global Head of Residential Rupert Dawes, Bayleys Managing Director Mike Bayley and Bayleys Finance Director Ken MacRae. John McGrath will continue on at McGrath as Chief Executive and Managing Director and will retain his 23.3% shareholding in the company.

Queensland (Qld)Sunshine Coast

Featured Property

Paul Clout Design Doonan Noosa Hinterland for sale - Reed & Co.

108 Panorama Drive Doonan for sale by Adrian Reed and Taylor Clout of Reed & Co. has been designed to ensure every day feels like a lavish escape.

National

The Economy

Just under 2,100 homes set for auction across the combined capitals - CoreLogic

By Caitlin Fono, Research Analyst, CoreLogic Australia.

National

People

Cathie Crampton appointed Head of Property Management Growth and Performance - Belle Property

Belle Property welcomes Cathie Crampton back to the team as Head of Property Management Growth and Performance, leveraging her over 20 years of industry experience and success as a keynote speaker.

New South Wales (NSW)Sydney

People

Chantelle Collin becomes a partner in BresicWhitney

The appoinment reflects Chantelle Collin's contribution and position as a trusted leader, aswell as BresicWhitney's committment to diversity of thought, talent and expertise.

Queensland (Qld)

The Economy

Queensland property continues to rise and shine in 2024 - REIQ

With Queensland property prices continuing to climb over the March 2024 Quarter, the Real Estate Institute of Queensland (REIQ) is encouraging aspiring homeowners to think laterally to get onto the property ladder.

National

The Economy

Profitability reigns as property gains hit 14-year high

Australian property resales reached their highest rate of profitability since July 2010 in the first quarter of the year says CoreLogic’s Head of Research Eliza Owen.

National

People

SCA Appoints Stephen Phillips as Independent Chair of Complaints & Conduct Panel

SCA introduce Stephen Phillips as the new independent Chair of the Professional Standards and Membership Board Advisory Group (PSMBAG), the committee tasked with handling complaints against SCA members.

Western Australia (WA)Perth

People

Land Services WA takes strategic stake in Realtime Conveyancer

Realtime Conveyancer, the leading provider of innovative conveyancing solutions, has announced that Land Services WA has become a strategic investor in the company.

National

The Economy

Residential yields outperform compared to commercial assets

By Vanessa Rader, Head of Research, Ray White Group.

Pages

News Roundup

https://www.thebusinessconversation.com.au/news/2020/05/19/startups-%E2%80%98explode-post-covid-19/1589864317

Startups to ‘explode' post COVID-19

Darren Moffatt, host of the Nerds of Business podcast, said high unemployment could drive many people to start a business for the first time.

The Business Conversation

https://www.commo.com.au/news/2020/05/20/mandurah-service-station-investment-sold-72-million-through-lj-hooker/1589930559

Mandurah service station investment sold for $7.2 million through LJ Hooker

LJ Hooker Commercial Perth agents Richard Parry and Vincent Siciliano have overseen the off-market sale of a Caltex service station in Mandurah, WA.

Commo.

https://www.thehotelconversation.com.au/2020/05/20/moss-apartments-sydney-sale-htl-property/1589962801

Moss Apartments Sydney for sale by HTL Property

Sydney Moss Apartments has been exclusively listed for sale by HTL Property Director Nic Simarro.

The Hotel Conversation

https://www.theaseandeveloper.com/properties/2020/05/19/crown-group-breaks-record-selling-three-penthouses-and-63m-worth-apartments

Crown Group breaks record selling three penthouses and $63M worth of apartments

Leading Australian property developer Crown Group has sold $63 million worth of luxury apartments and broken its own record by selling three penthouses in three months.

The ASEAN Developer

https://www.commo.com.au/news/2020/05/20/frankston-office-sold-collective-capital-20-million-cbre/1589927034

Frankston office sold to Collective Capital for $20 million - CBRE

National property investment group, Collective Capital, has snapped up a landmark Frankston property for about $20 million in a deal negotiated by CBRE Director Investments, Mark Wizel, with Director Melbourne Middle Markets, Josh Rutman.

Commo.

https://www.thebusinessconversation.com.au/news/2020/05/19/small-business-confidence-crashes-coronavirus-hits-sensis/1589867936

Small business confidence crashes as Coronavirus hits: Sensis

It’s the fastest drop in the Sensis Business Index survey’s 25-year history.

The Business Conversation

https://www.thebusinessconversation.com.au/news/2020/05/18/27-billion-building-works-package-boost-local-victorian-business/1589780065

$2.7 billion Building Works package to boost local Victorian business

The package will greatly benefit Regional Victoria, with spending to flow to struggling regional businesses to modernise and build new infrastructure that supports both the local community and visiting tourists.

The Business Conversation

https://www.thehotelconversation.com.au/profiles/2020/05/18/resortbrokers-marks-35-year-milestone-recent-sales-hit-70m-march/1589783824

ResortBrokers marks 35 year milestone as recent sales hit $70m since March

From its humble beginnings operating out of an old Holden Commodore with a “brick phone” in the 1980s, ResortBrokers is marking its 35 year anniversary.

The Hotel Conversation