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Joint taskforce as REIA and REINZ work on historic auctioneering review

The Australasian Auctioneering Championships (AUSTROS) are marking their 21st competition cycle with a significant new initiative.

Queensland (Qld)Brisbane

Featured Property

Place sells ‘Griffith on Griffith’ full-floor New Farm riverfront for $6.15m

2/9 Griffith Street New Farm sold by Sarah Hackett and Charmaine McDonald of Place New Farm is one of just six apartments within the boutique complex.

Queensland (Qld)Sunshine Coast

Featured Property

Secluded Sunshine Coast Forest Glen acreage for sale - The Agency

27 Dunkeld Court Forest Glen for sale by Dan Smith and Dale Woodhams of The Agency offers garden vistas from every room.

Queensland (Qld)Brisbane

Featured Property

Bespoke Owen Architecture Petrie Terrace for sale - Place

100 Princess Street Petrie Terrace for sale by Andrew Cumming of Place Kangaroo Point is a newly built home designed for effortless indoor-outdoor living.

Western Australia (WA)

The Economy

South-West markets led the way in the June 2024 quarter - REIWA

The South-West regional centres outpaced all other regional property markets in the June 2024 quarter, according to new data from REIWA.

Queensland (Qld)Gold Coast

The Economy

Gold Coast real estate now second most expensive in Australia

Gold Coast real estate no longer the daggy cousin of Sydney or Melbourne, the region now boasts the second most expensive median price in Australia – $1.17 million, says Nerida Conisbee, Chief Economist with Ray White.

National

The Economy

John McGrath – Why are apartment values rising faster than houses?

Over the past three months, apartments have recorded higher price growth than houses in every capital city except Darwin and Canberra, which both have higher levels of supply at the moment says John McGrath, McGrath Estate Agents CEO.

International

The Economy

Sydney again records the highest prime annual rental growth out of 15 global cities - Knight Frank

Knight Frank has released its Prime Global Rental Index (PGRI) Q2 2024; the research provides a quarterly snapshot of trends in luxury lettings markets across 15 key world city markets.

National

The Economy

Preliminary clearance rate nudges higher week-on-week - CoreLogic

By Caitlin Fono, Research Analyst, CoreLogic Australia.

New South Wales (NSW)Sydney

People

Ray White announces major Inner West expansion

The newly formed Ray White Elevate Group will call Ashfield, Summer Hill, Haberfield and Enfield home. Legends of the Inner West real estate landscape Alfio Musumeci, Carl Mirabella, and Taskin Satici will be directors of Ray White Elevate Group.

Pages

News Roundup

https://www.theindustrialist.com.au/news/2020/07/27/melbourne-infrastructure-projects-sparking-increased-industrial-leasing-activity

Melbourne infrastructure projects sparking increased industrial leasing activity - CBRE

A strong pipeline of infrastructure projects in Melbourne is fueling appetite for industrial properties, resulting in a spate of leasing transactions in the city’s west over the past month, according to CBRE's Fergus Pragnell and Ricardo Cappelletti.

The Industrialist

https://www.commo.com.au/news/2020/07/27/brisbane-airport-link-sold-105-million-cbre/1595811123

Brisbane Airport Link sold for $10.5 million - CBRE

APN Convenience Retail REIT has snapped up the newly built Brisbane Airport Link for $10.5 million in a deal negotiated by CBRE’s Michael Hedger and Darren Collins.

Commo.

https://www.theaseandeveloper.com/news/2020/07/23/ralton-group-128m-success-story-selling-development-sites/1595473350

Ralton Group: A $128m success story selling development sites

In the past 3 months Ralton Property Group has achieved $128 million in sales of development sites sold within NSW.

The ASEAN Developer

https://www.retalkasia.com/news/2020/07/24/asia-pacific-property-markets-demonstrate-resilience-q2-set-gradual-rebound

Asia Pacific property markets demonstrate resilience in Q2, set for 'gradual' rebound as investors return - Colliers International

Colliers International has released a new report showing activity and investor interest in Asia Pacific property markets remained robust in the second quarter.

Retalk Asia

https://www.thehotelconversation.com.au/news/2020/07/27/new-research-shows-travel-searches-hardest-hit-any-sector-during-covid-19-period

New research shows travel searches hardest hit of any sector during COVID-19 period

Research released by Yellow of consumer social media habits during COVID-19 has shown the travel industry was the hardest hit of any sector across the past six months.

The Hotel Conversation

https://www.thebusinessconversation.com.au/news/2020/07/22/coronavirus-sme-loan-guarantee-scheme-phase-2-announced/1595395133

Coronavirus SME Loan Guarantee Scheme: Phase 2 announced

“The extended terms of the scheme provide small businesses more affordable credit over a longer period so they can invest in their future.”

The Business Conversation

https://www.commo.com.au/news/2020/07/23/brisbanes-best-foyers/1595490440

Brisbane's best foyers

CBRE has conducted a tour of freshly completed foyers across Brisbane as part of a new national report series.

Commo.

https://www.theindustrialist.com.au/2020/07/23/charter-hall-secures-10-year-pre-lease-online-grocery-retailer-marley-spoon/1595461270

Charter Hall secures 10 Year pre-lease to online grocery retailer Marley Spoon

Charter Hall secures 10 Year pre-lease to online grocery retailer Marley Spoon and commits to construct a major warehouse and distribution facility at Wetherill Park, Sydney

The Industrialist