The Real Estate Conversation

Contact

Realmark Empowers Leading Women in the Property Industry

Elodie Allegret and Michelle Flanagan are leading Realmark Commercial’s Asset Management Team continuing Realmark’s proud tradition of promoting women in leadership.

National

People

EG lifts the Proptech game: launches $100m incubator EGX, three startups already backed

EGX is raising a further $100m in the next two years to build the future of Australia’s property technology sector, with plans to expand into Fintech. The incubator is already supporting three high profile start-ups from Australia and New Zealand: Willow, Reveal and FLNT.

South Australia (SA)

The Economy

SA metro market update – 2022 March quarter - REISA

The South Australian property market has once again demonstrated its strength and resilience in recording another strong year of growth with record median prices across South Australia and metropolitan Adelaide according to the Valuer-General’s price data for the 2022 March quarter.

National New South Wales (NSW)Sydney

People

Proptech Association Australia announces finalists in 2022 Proptech Awards

“It’s super exciting to celebrate these success stories in Australia’s proptech ecosystem and highlight the incredible innovation across the entire real estate value chain,” said Kylie Davis, Founder & President of Proptech Association Australia.

New South Wales (NSW)

People

Regional vacancy rates on the rise, as Sydney remains stable - REINSW

The REINSW Vacancy Rate survey results for April 2022 show residential vacancies for Sydney remain relatively stable.

Queensland (Qld)Sunshine Coast

People

Dreams become a reality as George Real Estate launches in the Noosa Hinterland

A husband-and-wife team of Sunshine Coast agents have launched their own business, George Real Estate, powered by UrbanX in the Noosa Hinterland.

Queensland (Qld)Brisbane

People

Flagstone Welcomes Presence of Local Team – Leading Global Brand

RE/MAX Property Professionals now at Flagstone Central and Augustine Heights in Greater Springfield.

New South Wales (NSW)

The Economy

Ray White Macdonald Partners expands into East Gosford

After more than 40 years in operation servicing the region’s real estate requirements, the Macdonald family have expanded their leading Point Clare agency into East Gosford on the Central Coast of New South Wales.

Western Australia (WA)Perth

The Economy

REIA signs three-year partnership with fintech innovator Realty Assist

WA -based fintech innovator, Realty Assist, has signed an exclusive three-year partnership agreement with the Real Estate Institute of Australia (REIA)

Queensland (Qld)Gold Coast

Featured Property

Designer feel Coolangatta retreat close to Kirra Beach for sale - REAL Specialists

45 Binya Avenue Coolangatta, for sale by Brent Hodge of REAL Specialists delivers a seamless indoor/outdoor living with a designer feel.

Pages

News Roundup

https://www.thehotelconversation.com.au/news/2018/06/21/event-hospitality-re-brand-watermark-hotel-brisbane-park-hotel-brisbane/1529555166

Event Hospitality to re-brand Watermark Hotel Brisbane to The Park Hotel Brisbane

Event Hospitality today announced it has entered into an agreement to manage The Watermark Hotel, Brisbane, which will be re-branded as of 1 July 2018 to an independent, local brand – The Park Hotel Brisbane.

The Hotel Conversation

https://www.thehotelconversation.com.au/news/2018/06/21/great-barrier-reef-resort-owners-can-apply-25m-government-infrastructure-fund

Great Barrier Reef resort owners can apply for $25m Government infrastructure fund

As of 1 August 2018, Island resort owners and operators within the Great Barrier Reef region will be able to apply for the Queensland Government’s $25 million infrastructure investment fund aimed at upgrading and rejuvenating existing or DA approved resorts.

The Hotel Conversation

https://www.retalkasia.com/properties/2018/06/21/new-zealands-largest-and-most-expensive-penthouse-pacifica/1529539007

New Zealand's "largest and most expensive" penthouse - The Pacifica

With construction set to be completed in 2020, The Pacifica is slated to be "New Zealand's tallest building" - Gavin Lloyd, CBRE New Zealand.

RETalk Asia

https://www.afr.com/business/construction/fletcher-building-ceo-sees-weaker-australian-residential-in-2019-and-2020-20180620-h11mrn

Fletcher Building CEO sees weaker Australian residential in 2019 and 2020

Fletcher Building chief executive Ross Taylor expects the broader residential construction market to shrink marginally in 2019 and 2020 because of falling demand for apartments as he unveiled ambitious plans to double profit margins from Fletcher's Australian building products operations by 2023.

The Australian Financial Review

https://www.canberratimes.com.au/politics/act/land-agency-board-concerned-about-criticism-of-rural-land-banking-20180601-p4zitm.html

Land agency board concerned about criticism of rural land banking

The board of the now-defunct Land Development Agency raised concerns with senior executives about the potential for "unfounded criticism" of the agency "land-banking" by buying up rural land across the territory last year.

Canberra Times

https://www.thebusinessconversation.com.au/news/2018/06/20/sydney-restaurant-chain-changing-lives-through-true-inclusion/1529446178

The Sydney restaurant chain changing lives through true inclusion

“Our aim is to be the most inclusive restaurant in Australia,” said Rashays Punchbowl store owner Bashar Krayem.

The Business Conversation

https://www.thehotelconversation.com.au/properties/2018/06/20/westin-perth-and-aloft-perth-hotel-sale-mark-durran-jll-hotels/1529479718

Westin Perth and Aloft Perth hotel for sale Mark Durran JLL Hotels

One of Australia’s newest 5-star hotels, The Westin Perth, and the Aloft Perth hotel & adjoining office building are being offered for sale at a time when approximately $8.5 billion worth of world-class infrastructure projects are underway in the city.

The Hotel Conversation

https://www.afr.com/real-estate/broke-real-estate-agents-quitting-purplebricks-as-market-slows-20180618-h11ikb

'Broke' real estate agents quitting Purplebricks as market slows

"Broke" real estate agents are quitting British disrupter Purplebricks in droves as the fixed-fee agency's low-margin, high-turnover business struggles to achieve enough sales amid a slowing Australian housing market.

The Australian Financial Review