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Pet-friendly rentals a rarity - Ray White

In this week's update, William Clark, Ray White's Economics Team looks at the state-of-play in pet-friendly listings, where a landlord explicitly states intent to grant permission for a potential tenant.

National

The Economy

Falling values spread to 40% of Australia’s house and unit markets - CoreLogic

CoreLogic’s interactive Mapping the Market tool, updated today, shows 41.9% of house and unit markets analysed in the June quarter declined in value, a significant increase on Q1, when 23.6% of markets recorded a fall in values.

National

The Economy

John McGrath – Rental shortage & rising rents: What it means for investors & tenants

According to John McGrath, Chief Executive Officer of McGrath Estate Agents, it’s a good time for investors to get into the market.

National New South Wales (NSW)Sydney

People

Knight Frank appoints Luke Hayes Director of Residential Project Sales Knight Frank

Knight Frank Interim Head of Residential Erin van Tuil said Knight Frank was expanding its residential team with a growing focus on Residential Project Sales.

Queensland (Qld)Brisbane

Featured Property

Admiralty Towers Penthouse for sale with stunning Brisbane views - Place

192 / 501 Queen Street Brisbane City for sale by Drew Davies and Olivia Charlton of Place Ascot delivers space and style one of Brisbane's in most exclusive addresses.

New South Wales (NSW)Sydney

Featured Property

Hunters Hill waterfront for sale on 1,385sqm - The Agency

24 Martin Street Hunters Hill for sale by Lee Dowdall and Stephanie O’Sullivan of The Agency offers inspiring views and incredible potential in a prestigious location.

Victoria (Vic.)Melbourne

Featured Property

Renovated period Surrey Hills home for sale - The Agency

38 Wandsworth Road Surrey Hills for sale by Mitchal Towns and Elkie Zhou of The Agency offers an idyllic blend of old and new.

Queensland (Qld)Brisbane

Featured Property

Contemporary Clayfield home for sale - Place

3A Sefton Road Clayfield for sale by Drew Davies and Carter Lagana of Place Ascot boasts a coveted north-east facing orientation in an esteemed Clayfield enclave.

New South Wales (NSW)

Featured Property

Southern Highlands Burradoo home for sale – The Agency

37a Sunninghill Avenue Burradoo for sale by Ben Olofsen and Stephanie Blatch of The Agency delivers superb liveability in a luxurious lifestyle location.

National Queensland (Qld)Brisbane Gold Coast Sunshine Coast

The Economy

REIA creates new role to focus on Queensland

The Real Estate Institute of Australia (REIA) has created a new role focusing on the Queensland real estate industry.

Pages

News Roundup

https://www.thehotelconversation.com.au/news/2018/08/08/150m-four-points-sheraton-hotel-sydney-central-park-officially-opens/1533681456

$150m Four Points by Sheraton hotel Sydney Central Park officially opens

Four Points by Sheraton Sydney, Central Park is the latest addition to the multi-stage A$2 billion Central Park development, a joint venture between Frasers Property Australia and Sekisui House Australia.

The Hotel Conversation

https://www.thebusinessconversation.com.au/news/2018/08/07/another-trifecta-activepipe-australian-business-awards-2018/1533594244

Another trifecta for ActivePipe at the Australian Business Awards 2018

The annual Australian Business Awards are an all-encompassing awards program which recognises organisations that demonstrate the core values of business innovation, product innovation, technological achievement and employee engagement.

The Business Conversation

https://www.mingalarrealestateconversation.com/news/2018/08/07/myanmar-grants-visa-free-entry-japan-and-south-korea/1533596438

Myanmar grants Visa-free entry for Japan and South Korea

Japanese and South Korean tourists will be granted visa-free entry into Myanmar in a move to attract more visitors to Asia, however, tourists from China, Hong Kong and Macau will still have to pay USD50 to receive visas on arrival.

Mingalar Real Estate Conversation

https://www.thehotelconversation.com.au/news/2018/08/06/auckland-cbd-holiday-inn-and-even-hotel-site-sold-pro-invest-31m/1533531054

Auckland CBD Holiday Inn and EVEN Hotel site sold to Pro-Invest for $31m

Part of an Auckland CBD site which was previously home to the New Zealand Herald for over 150 years has sold for $31 million to Pro-Invest, who is planning a 490-room dual branded hotel development of around 37 levels on the site.

The Hotel Conversation

https://www.thehotelconversation.com.au/news/2018/08/06/savoy-hotel-little-collins-street-melbourne-open-october/1533528234

The Savoy Hotel Little Collins Street Melbourne to open in October

The existing Vibe Savoy Hotel Melbourne on the corner of Spencer and Little Collins Street will undergo a multi-million-dollar refurbishment and re-open as The Savoy Hotel on Little Collins in October this year.

The Hotel Conversation

https://www.thebusinessconversation.com.au/2018/08/06/entrepreneurs-need-look-after-their-personal-wellbeing-kpmg-australia/1533507302

Entrepreneurs need to look after their personal wellbeing: KPMG Australia

Long hours, high stress and low pay could be holding back Australia’s startup economy according to new research.

The Business Conversation

https://www.thehotelconversation.com.au/news/2018/08/05/howard-smith-wharves-fit-out-begins-week/1533467546

Howard Smith Wharves fit-out begins this week

A year since construction started, the new $200 million Howard Smith Wharf Project is one step closer to reality as builders prepare restaurants and bars for fit-out this week.

The Hotel Conversation

https://www.retalkasia.com/news/2018/08/06/strong-price-momentum-and-increases-launches-and-sales-q2-singapore/1533510070

Strong price momentum and increases in launches and sales for Q2, Singapore

Ong Teck Hui National Director for Research and Consultancy of JLL Singapore comments on the recent Urban Redevelop Authority statistics release for Singapore's residential property market.

RE Talk Asia