iProsperity Group, an Australian-based advisory firm, has partnered with the China-based Bridge Capital, to buy the 333 Kent Street office tower for the symbolic price of $88,888,888 from Maville Bay Pty Ltd.
Angus Nicholson The Australian market looks set to open flat after Wall Street gained following the first of three televised US presidential debates.
Carolyn Cummins Amazon, the online retail giant, is looking for its first warehouse in Australia, with suggestions one site of interest is the Goodman Group's $50 million industrial estate at Oakdale, in Sydney's west.
John Collett It's the time of year when super funds send annual statements for the year to June 30 to fund members. It provides the perfect opportunity to check if your fund is a dud.
Laneways are still sought-after locations. A developer faced stiff competition at an auction for 22-24 Bennetts Lane before buying it for $2.3 million at a land rate of $15,333 per square metre.
Carolyn Cummins Charter Hall has launched its Long WALE REIT which will focus on high grade offices, valued at $1.12 billion and a forecast 2017 financial year annualised earnings and distribution yields of 5.3 per cent per security.
Simon Johanson China-based developer Hengyi has defied talk of a slowdown in Melbourne's apartment market, appointing builder Multiplex after pre-selling 95 per cent of its next 70-level tower.
Noel Towell "You will .. convince these people to pay back the money they owe."
Nicole Lindsay A joint venture between listed developer Folkestone and Wilmac Properties has launched a $40 million business park in Nunawading just six months after buying the site.
Simon Johanson The internet age and rising property values have caught up with Melbourne's last city-based adult cinema.