The Real Estate Conversation

Contact

State Budget bad news for Victorian renters, says REIV

The Real Estate Institute of Victoria (REIV) has today criticised the land tax increases announced in the State Budget, saying they will only worsen the current rental crisis facing Victorians.

Queensland (Qld)Brisbane

Featured Property

Hugo Grozdanovic designed Bulimba riverfront for sale - Place

31 Waterline Crescent Bulimba for sale by Sarah Hackett of Place New Farm celebrates modern elegance with water and Brisbane city outlooks.

New South Wales (NSW)Sydney

Featured Property

U.S.A Inspired Middle Dural Hills District acreage for sale - LJ Hooker

1 Mcleod Road Middle Dural for sale by William Brush and Peter Colusso of LJ Hooker Dural delivers a brand new family haven on 2.02ha.

New South Wales (NSW)Sydney

The Economy

Featured Property

Paddington Terrace sold in 6 days for almost $9 Million - BresicWhitney

It’s no longer just about buyer work, it’s about buyer intelligence: Maclay Longhurst.

Queensland (Qld)Brisbane

Featured Property

Hamptons style Hendra family home for sale - Place

9 Flemington Street Hendra for sale by Patrick McKinnon and Jill Wright-Wotton of Place Ascot offers a standout property in a superb location.

Queensland (Qld)Gold Coast

Featured Property

Sustainable creekfront Tallebudgera acreage for sale - Sotheby’s

52 Coorabin Court Tallebudgera for sale by Scott Keatley and Morgan Keatley of Queensland Sotheby’s International Realty offers a secluded and serene residence within a natural wonderland.

Victoria (Vic.)

Politics

REIV reacts to commercial stamp duty removal in State Budget

Real Estate Institute of Victoria (REIV) CEO, Quentin Kilian, has reacted to the announced removal of commercial stamp duty taxing as part of this year’s State Budget, in relation to its impact on both commercial and residential property owners in the longer term.

National

The Economy

Where homes are selling quicker - Ray White

There are fewer properties coming to market but the ones that are have been taking longer to sell. Days on market hit a historical low in June last year, hitting an average of 22 days. Since then, this has risen to 31 days. Nerida Conisbee Ray White Chief Economist, says there are many suburbs that have homes already selling a lot quicker than last year.

Victoria (Vic.)Melbourne

Featured Property

Robert Hamilton 1933 Toorak Tudor for sale - Abercrombys

1/692 Orrong Road Toorak for sale by Hamish Palmer-Hill and Jock Langley of Abercrombys is impressive in its dimensions and inviting in its details.

National

The Economy

Will home buyers be spoilt for choice in 2023? The outlook for Australia’s housing supply - CoreLogic

What will the impact of rising demand have on listings, given we anticipate advertised supply to remain relatively low compared to historic averages?

Pages

News Roundup

https://www.commo.com.au/news/2019/05/07/dexus-puts-brisbanes-beenleigh-marketplace-market/1557197744

Dexus puts Brisbane's Beenleigh Marketplace to market

JLL’s Head of Retail Investments, Simon Rooney, has been appointed on behalf of the Dexus Wholesale Property Fund (DWPF) to sell a 100 per cent freehold interest in Beenleigh Marketplace in Brisbane

Commo

https://www.thehotelconversation.com.au/news/2019/05/08/are-boutique-hotels-becoming-mainstream-cbre-hotels-report/1557294881

Are Boutique Hotels Becoming Mainstream? - CBRE Hotels report

Lifestyle branded hotels are becoming more mainstream and increasingly accounting for a larger share of the hotel universe, with several big hotel operators launching or purchasing their own boutique hotel brands over the past five years.

The Hotel Conversation

https://www.theaseandeveloper.com/news/2019/05/07/leadingre-launches-new-international-project-marketing-program-developers-and-master

LeadingRE launches new International Project Marketing Program for developers and master agents

Recognizing the demand for off-plan projects in key global cities from overseas clients, Leading Real Estate Companies of the World®, or LeadingRE, designed the International Project Marketing Program (IPMP) to leverage its vast network of independent agencies.

Asean Developer

https://www.commo.com.au/news/2019/05/06/chippendale-asset-sells-48-million-auction/1557124755

Chippendale asset sells for $4.8 million at auction

Savills Australia has negotiated the sale of a Sydney mixed-use warehouse building to Chinese company Seatech Industrial for $4.8 million at auction.

COMMO

https://www.thehotelconversation.com.au/news/2019/05/06/tim-gurner-partners-veriu-hotels-120m-collingwood-mixed-use-project/1557126530

Tim Gurner partners with Veriu hotels for $120m Collingwood mixed-use project

Luxury property developer, GURNER™ has announced its foray into hotel developments with a strategic partnership with fast-growing boutique hotel brand, Veriu, as the developer eyes more opportunities to retain and invest in assets long term.

The Hotel Conversation

https://www.rethinktokyo.com/multi-party-real-estate-investments-japan

Tips for multi-party real estate investments in Japan

Real estate joint ventures are a way to realise projects or acquire properties by pooling the resources of multiple parties. While this approach to real estate deals is popular in North America, it is less so in Japan — however, the legal structure does exist.

REthink Tokyo

https://www.commo.com.au/news/2019/05/03/investment-continues-forest-hill-4585m-office-sale/1556862761

Investment continues in Forest Hill with $45.85m office sale

Colliers International has negotiated its largest metro office investment to date in 2019 with a $45.85 million office sale in Forest Hill.

Commo

https://www.retalkasia.com/news/2019/05/03/vietnam-asia%E2%80%99s-next-tiger/1556856721

Vietnam: Asia’s next tiger?

"Since Liberation Day Vietnam has had plenty of reasons to cheer. In the last four decades, the country has gone from Asian backwater to investment hotspot," says JLL

REtalk Asia