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Featured Property

64.75ha Lamington eco retreat Manderley sold by Queensland Sotheby’s

3275 Christmas Creek Road Lamington sold by Michael Vettoretto of Queensland Sotheby’s International Realty offers tranquil surrounds, fringed by Christmas Creek, ridges and rugged mountains.

Featured Property

Iconic Malibu Tri-level Penthouse Gold Coast for sale - Sotheby’s

Malibu Penthouse 55/3 Tedder Avenue Main Beach for sale by Michael Vettoretto and Kim Sharpe of Queensland Sotheby’s International Realty offers a world-class executive residence with dazzling skyline and coastal views.

Western Australia (WA)Perth

Featured Property

French inspired trophy home Mosman Park Swan River for sale - Ray White

48 Bay View Terrace Mosman Park for sale by Jody Fewster of Ray White Cottesloe Mosman Park is on the market for the first time with price guide of $14m.

Victoria (Vic.)Melbourne

Featured Property

Stonehaven family estate Scotch Hill for sale - RT Edgar

4 Hollingsworth Avenue Hawthorn for sale by Annabelle Feng and Ted Jao of RT Edgar features an additional 3-bedroom cottage for generational living.

Queensland (Qld)Brisbane

Featured Property

Elegant Bulimba family home for sale - Place

27 Henderson Street Bulimba for sale by Sarah Hackett of Place New Farm is meticulously crafted with brilliant attention-to-detail.

National

People

A financial review of The Financial Review’s 24th fastest growing company

Being named in the AFR Fast Starters list was confirmation that the real estate market was ready for a new way of doing things. And things aren’t slowing down for UrbanX.

National New South Wales (NSW)Sydney

People

Colliers appoint market leader Diana Sarcasmo as Managing Director, Residential Australia

The development and market expert Diana Sarcasmo is set to accelerate the growth of Colliers’ residential asset class offering nationally.

National New South Wales (NSW)Sydney

The Economy

Sydney ranked 9th for the number of super-prime sales (US$10m+) over the past year - Knight Frank

Sydney is ranked ninth out of 12 key markets tracked globally for the number of super-prime sales – of over US$10 million – that have taken place in the city over the past 12 months, according to Knight Frank’s latest research.

National

The Economy

Housing recovery accelerates: CoreLogic Home Value Index surges with strongest monthly growth since November 2021

CoreLogic’s national Home Value Index (HVI) has recorded a third consecutive monthly rise, with the pace of growth accelerating sharply to 1.2% in May.

New South Wales (NSW)Sydney

Featured Property

Resort-style Randwick opposite Centennial Park for sale - BresicWhitney

107 Darley Road Randwick for sale by Maclay Longhurst and Zakir Abdallaoui of BresicWhitney is a newly renovated entertainer that emanates liveable luxury.

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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