Real Commercial
Australia's top source for news on commercial real estate, featuring insights on purchasing, leasing, investing, small businesses, as well as inspiration and style trends. Supported by the country’s top news organizations.
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Articles
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2 days ago |
realcommercial.com.au | Viva Hyde
The founder of a famed eco resort, co-owned by Hollywood actor Hugh Jackman, has listed his newest venture for sale before the first guests even arrive. Three years in the making, EcoView Retreat was developed over a 28.06ha rainforest parcel next to Gwinganna Lifestyle Retreat in Tallebudgera Valley.
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3 days ago |
realcommercial.com.au | Lisa Allen |Ben Wilmot
Super fund Cbus, Neil Werrett’s Galileo Group and Justin Brown’s Abadeen have abandoned their long-held plans to develop a $700m apartment tower near the Sydney Harbour Bridge, quietly unloading the site to private residential developer ALAND. Sources estimated the sale of the East Walker Street site would have netted the $100bn Cbus super fund and its joint venture partners about $240m, having outlaid $180m for the site four years ago.
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3 days ago |
realcommercial.com.au | Caroline Riches
A charming estate in the heart of Victoria’s premier wine region offers both an appealing lifestyle and an impressive income. Lisa Chapman and her best friend Suzanne Theodor had no plans to go into business or buy a property together when in late 2020, they purchased a closed and rundown bed and breakfast in the Yarra Valley. “Suzanne just said, ‘Hey, why don’t we look at this?’. It was such an amazing property and garden. We knew we could turn it into something magical,” Ms Chapman said.
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3 days ago |
realcommercial.com.au | Ben Wilmot
Hong Kong private equity and real estate company PAG is again looking to snap up a Melbourne office tower at a time when many rival companies are steering clear of the city. The company is circling the Flinders Gate complex that adjoins Melbourne’s renowned Adelphi Hotel, with listed property group Dexus looking to sell it around the $260m mark after redeveloping the office complex five years ago.
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3 days ago |
realcommercial.com.au | Ben Wilmot
Tycoon Andrew Roberts will propose a deed of company arrangement for his collapsed building empire covering both the holding company and the Victorian arm whose heavy losses forced him to exit the industry. The holding company, which , disclosed at a Sydney meeting that it was facing claims from more than 265 creditors that amounted to more than $100m.
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