Falls Festival site going for a song as Live Nation cuts asking price
The entertainment group wanted $4 million two years ago for the site near the Great Ocean Road. It’s less optimistic now on price.
- Michael Bleby
- Exclusive
- Hotels
Hunter Valley set for five-star resort after $25m winery deal
The wine region’s tourism scene will get an overdue shake-up following the deal involving industry veterans Brian McGuigan and Col Peterson.
- Bonnie Campbell
Listed property stocks: four things to watch in results season
Analysts and fund managers are hopeful the property sector is at a turning point, buoyed by imminent rate cuts. Here’s their checklist on what to monitor.
- Nick Lenaghan
- Opinion
- Opinion
‘Follow the Bunnings’: Top tips for SMSF property investors
Industrial and retail properties are paying rental yields of anywhere between 5 per cent and 8 per cent.
- Sam Tamblyn
ISPT earmarks asset sales as it revamps $18b fund
Super fund investor ISPT chalked up heavy losses ahead of its merger with IFM Investors. It is moving to fix that, with an overhaul of its $18b flagship fund.
- Nick Lenaghan
This fund manager wants to spend billions on outdoor storage
Global investment manager Realterm is betting on a niche logistics property type to grow in demand as e-commerce expands.
- Campbell Kwan
Outback Wagyu powerhouse to test appetite for top-end farms
The Taylors Plains property, which has come to the market with a $75 million guide, will be the first big test of appetite for trophy livestock properties in 2025.
- Larry Schlesinger
January
Lendlease sells Capella financing unit for $235m
The Australian company’s deal with Japan’s Sojitz Corporation is the latest in a slew of businesses the activist target is selling.
- Michael Bleby
- Exclusive
- Commercial property finance
Merricks’ flagship credit fund goes negative after Sydney CBD pain
Documents circulated to investors in the $1.2 billion vehicle noted there were four loans performing worse than expected amid a difficult office market.
- Primrose Riordan
Investors offered 9pc yield after discount DJs store deal
South Africa’s Woolworths has sold the last asset standing after its costly foray into upmarket Australian retailing. It’s also an opportunity for investors.
- Nick Lenaghan
Why this fund manager is ditching malls for private hospitals
RAM says private hospitals are good investments if you buy the right ones, and is selling malls and buying healthcare assets for its ASX-listed property fund.
- Larry Schlesinger
‘How I plan to make $300,000 in passive income by 50’
Even with an $8 million property portfolio, Simone Boer and her partner, Paul Kudilczak, can’t quit their day jobs – yet.
- Alexandra Cain and Lucy Dean
- Exclusive
- Victoria residential property
Luxury apartment in Gurner complex offered at $1.3m discount
The Saint Moritz development, popular with Melbourne’s elite, boasts a 25-metre pool and a bar. But it has also been the subject of complaints about defects.
- Primrose Riordan and Campbell Kwan
- Exclusive
- Commercial property finance
$300m private credit fund blocks investor redemptions to preserve cash
Gemi Investments’ safest vehicle has lent about $300 million to commercial real estate projects, and backers say their money is stuck.
- Primrose Riordan
Self-storage player StoreLocal seeks growth partner; mandates Highbury
The deal comes as self-storage businesses prepare to put record-high financing costs in the rearview mirror.
- Sarah Thompson, Kanika Sood and Emma Rapaport
