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National Australian Capital Territory (ACT)Canberra

REIA announces resignation of CEO

The Real Estate Institute of Australia (REIA) has today announced the resignation of Anna Neelagama after four years at the helm. Anna Neelagama to be new Chief Executive Officer Master Builders ACT.

National

The Economy

Fewer capital city homes set to go under the hammer - CoreLogic

By Caitlin Fono, Research Analyst, CoreLogic Australia.

Western Australia (WA)Perth

People

Realmark celebrates 35th anniversary in at annual Evoke conference

Realmark celebrates its 35th anniversary in style at its annual Evoke conference event, held at Crown Perth on Thursday with headline speakers Chris Helder and Amanda Stevens.

Western Australia (WA)Perth

Featured Property

Perth landmark Duncraig House for sale - Ray White

56 Duncraig Road Applecross for sale by Thomas Jefferson Wedge of Ray White Dalkeith Claremont is on the market with a guide of low-mid $30m.

Queensland (Qld)Brisbane

Featured Property

Four-level Norman Park auction with river and city views - Place

2a Wendell Street Norman Park for sale by Sarah Hackett and Lauren Marmotta of Place New Farm is truly in a class of its own.

Queensland (Qld)Brisbane

Featured Property

Toronto 1910 Morningside Queenslander sold by Place

28 Algoori Street Morningside sold by Sarah Hackett and Lauren Marmotta of Place New Farm amid strong demand from local buyers.

New South Wales (NSW)Sydney

People

Ex Macquarie Bank head Stuart Hobden joins Pendium Advisory

Stuart Hobden, the State Segment Head for Macquarie Bank, has joined Pendium Advisory, the nation’s leading rent roll brokers and valuers.

National

The Economy

Three capital cities record a fall in home values - Corelogic

While headline growth rate remains positive, three capitals recorded a decline in values over the past three months with Melbourne falling -0.9%, said Tim Lawless.

Queensland (Qld)Sunshine Coast

People

Leading Noosa Hinterland agents unveil their boutique agency

With the support of UrbanX, Kimberlea and Eliot Krause have successfully launched their boutique agency, Krause Property Group.

New South Wales (NSW)

People

James Hall appointed Head of Savills Luxury and Rural residential NSW

Savills Australia and New Zealand has appointed James Hall to the newly created role of State Head of Luxury and Rural Residential – NSW

Pages

News Roundup

https://www.theindustrialist.com.au/news/2020/07/07/east-coast-industrial-assets-sold-dexus-1735-million/1594082868

East coast industrial assets sold to Dexus for $173.5 million

Dexus has announced the acquisition of 37-39 Wentworth Street, Greenacre and the Ford Facility at Merrifield Business Park, Mickleham under the Dexus Australian Logistics Trust.

The Industrialist

https://www.thebusinessconversation.com.au/2020/07/07/energy-efficient-communities-program-opens-applications-9-million-grants/1594091710

Energy Efficient Communities Program opens applications for $9 million in grants

As the economy recovers from COVID-19, the grants will help small businesses to lower their power bills.

The Business Conversation

https://www.commo.com.au/news/2020/07/06/west-ryde-and-pemulwuy-shopping-centres-sold-primewest-part-1265-million-retail

West Ryde and Pemulwuy shopping centres sold to Primewest as part of $126.5 million retail trust - JLL

Primewest has added two new shopping centres to its recently launched Australian daily needs/neighbourhood retail property trust through deals negotiated by Sam Hatcher and Nick Willis of the JLL Retail Investments team.

Commo.

https://www.thehotelconversation.com.au/news/2020/07/07/staywell-holdings-announce-post-covid-hygiene-and-sanitation-standards/1594105343

StayWell Holdings announce post-COVID hygiene and sanitation standards

Asia Pacific hotel management group StayWell Holdings has announced updated brand standards for hygiene and sanitation post-Covid-19.

The Hotel Conversation

https://www.retalkasia.com/news/2020/07/03/office-and-logistics-assets-offer-best-combination-yield-and-income-growth-apac

Office and logistics assets offer best combination of yield and income growth in APAC markets- Colliers

Colliers International has released Part Two of the Asia Pacific Real Estate: Still Good Value in a Changed World report, highlighting prospects for rental growth as well as the most favourable assets for investors.

Retalk Asia

https://www.thehotelconversation.com.au/news/2020/07/06/vic-nsw-border-closure-highlights-seriousness-road-ahead-aaoa/1594015625

Vic-NSW border closure 'highlights seriousness' of road ahead - AAoA

The joint decision between Victorian Premier Daniel Andrews, NSW Premier Gladys Berejiklian and Prime Minister Scott Morrison to shut the border from midnight tomorrow is disappointing but understandable, Accommodation Association of Australia CEO Dean Long says.

The Hotel Conversation

https://www.thebusinessconversation.com.au/news/2020/07/06/selling-your-business-here%E2%80%99s-how-make-handover-breeze/1594005217

Selling Your Business? Here’s how to make the handover a breeze

Founder of Xcllusive Business Sales, Zoran Sarabaca details the simple process which could help you sell your business faster.

The Business Conversation

https://www.commo.com.au/news/2020/07/06/west-melbourne-office-asset-sold-complete-60-million-portfolio-cbre/1593988445

West Melbourne office asset sold to complete $60 million portfolio - CBRE

An office asset at 383 Spencer Street, West Melbourne has been sold by CBRE’s Josh Rutman, Scott Orchard, David Minty and Scott Hawthorne, signalling the last of three neighbouring properties to be transacted by the agency.

Commo.