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REIV CEO, Quentin Kilian, awarded Order of Australia

The Medal of the Order of Australia has been awarded to Real Estate Institute of Victoria (REIV) CEO, Quentin Kilian, on the King’s birthday, in acknowledgement of his service to the real estate industry.

Queensland (Qld)Brisbane

People

Coronis Group expands with acquisition of rent roll in Queensland, bringing portfolio to over 9500 properties under management

Coronis Group, a leading real estate network, is pleased to announce its recent acquisition of Propper QLD with over 550 managements to add to their portfolio.

National

The Economy

Preliminary auction clearance rates hold above 70% in the face of higher interest rates and lower volume - CoreLogic

According to Kaytlin Ezzy, Economist, CoreLogic, it was the quietest auction week for the combined capitals since Easter, with six of the eight states and territories celebrating the Kings Birthday long weekend.

National

The Economy

Auction bidding now at its strongest level since February 2022

According to Nerida Conisbee, Ray White Chief Economist, there are a lot of ways you can look at demand for property.

National

The Economy

John McGrath – The rise of remote investing

According to John McGrath, Chief Executive Officer of McGrath Estate Agents, the pandemic highlighted the amazing lifestyle options that our regions offer, from beach hot spots and serene treechange areas to wine regions, mountain towns, and the snowfields.

Western Australia (WA)Perth

Featured Property

Suzanne Hunt Architect designed 20-ha Perth Hills for sale - William Porteous Properties

The multi award winning Bedfordale House for sale by Giovanni Notte of William Porteous Properties International is a Japanese inspired pavillion home with a price guide of $12-15m.

National

The Economy

Auction activity takes a long weekend break - CoreLogic

Capital city auction activity is set to take a long weekend break this week, with 1,088 homes expected to go under the hammer across the combined capitals.

Victoria (Vic.)Melbourne Brighton

Featured Property

Brand new 1,027sqm Brighton for sale - Fredman

31 Seymour Grove Brighton for sale by Joel Fredman of Fredman Property Group offers north-facing family living of the highest calibre.

Victoria (Vic.)Melbourne

Politics

State Budget bad news for Victorian renters, says REIV

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

National

The Economy

More than 40% of Australian house and unit markets record double-digit rent increase - CoreLogic

A surge in overseas migrants and international students coupled with a significant shortfall in rental listings has led to the strongest annual rental increase on record for Australia’s capital cities.

Pages

News Roundup

https://www.rethinktokyo.com/faq-secondhand-homes-renovation-japan

Why buy new if you can fix it? All you need to know about secondhand homes and apartment renovations in Tokyo

The second-hand apartment market in Tokyo is on the rise. We answer buyers’ most common questions on purchasing older units and renovating them.

REthink Tokyo

https://www.commo.com.au/news/2019/05/27/northern-sydney-office-building-sold-11-million/1558963899

Northern Sydney office building sold for $11 million

A Crows Nest commercial property has been sold to a Chinese-Australian investor for $11 million after being marketed for sale by CBRE.

COMMO

https://www.theaseandeveloper.com/news/2019/05/28/brisbanes-roma-street-station-get-underground-treatment-250-million-upgrade

Brisbane's Roma Street Station to get underground treatment in $250 million upgrade

Roma Street Station’s busway interchange will undergo a $250 million underground transformation to create a "seamless" connection to the government’s Cross River Rail Project.

The Asean Developer

https://www.thehotelconversation.com.au/news/2019/05/29/new-flights-seoul-gold-coast-worth-millions-economy/1559091482

New flights from Seoul to the Gold Coast worth millions to economy

New flights direct from Seoul to the Gold Coast will pump more than $176 million into the economy and create close to 2,000 jobs over the next three years.

The Hotel Conversation

https://www.thehotelconversation.com.au/news/2019/05/27/get-know-brisbane-marketing%E2%80%99s-new-chairman-paul-spiro/1558952701

Get to know Brisbane Marketing’s new Chairman, Paul Spiro

Brisbane Marketing’s new Chairman, Paul Spiro, has given a candid interview discussing the future of Brisbane and his future plans for the city.

The Hotel Conversation

https://www.mingalarrealestateconversation.com/news/2019/05/21/future-competition-poses-investor-opportunities-yangon-serviced-apartment-market

Future competition poses investor opportunities in the Yangon Serviced Apartment Market - Colliers

Colliers International release the Quarterly Yangon Serviced Apartment Report Q1 2019

Mingalar Real Estate Conversation

https://www.mingalarrealestateconversation.com/news/2019/05/21/future-competition-poses-investor-opportunities-yangon-serviced-apartment-market

Hall Street site sold for $6.5 million to Cadence Property Group

Developer and funds manager Cadence Property Group has acquired a Hall Street site for $6.5 million for its new headquarters in the Hawthorn East.