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AFR Property

@AFRproperty

Breaking news from the Australian Financial Review's property team.

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Joined July 2014
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Photo by AFR Property (@AFRproperty)Photo by AFR Property (@AFRproperty)Photo by AFR Property (@AFRproperty)Photo by AFR Property (@AFRproperty)Photo by AFR Property (@AFRproperty)Photo by AFR Property (@AFRproperty)Photo by AFR Property (@AFRproperty)Photo by AFR Property (@AFRproperty)Photo by AFR Property (@AFRproperty)Photo by AFR Property (@AFRproperty)
Breaking: Home builder Porter Davis goes under #construction afr.com/property/commercial/…
1700 aspiring owners stranded as Porter Davis goes under

1700 aspiring owners stranded as Porter Davis goes under

The collapse of the Melbourne-based builder adds to a wave of home builder collapses that have left 4500 projects across the country in the lurch since late 2021.

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Cancer claims Jonathan Hallinan: Rich Lister #ausproperty developer dead at 47. #vale afr.com/property/residential…
Rich Lister property developer dead at 47

Rich Lister property developer dead at 47

Jonathan Hallinan, the developer behind Melbourne’s distinctive Shadow Play skyscraper, has died at 47 after a battle with cancer.

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A seasonal boost - for now at least: Auctions start 2023 with a bang but it could be very short-lived. #ausproperty afr.com/property/residential…
Auctions start 2023 with a bang but it could be very short-lived

Auctions start 2023 with a bang but it could be very short-lived

The auction market has started strongly but the seasonal lift may not last, especially not when rates rise further.

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Print journo steps in front of mike. And lives to tell the tale. #podcastrookie
Financial Review (@FinancialReview) profile pictureFinancial Review
@FinancialReview22 Dec 2022
This week in The Fin podcast, deputy property editor @MichaelBleby explains the housing market’s wild ride in 2022, why prices are still falling, and what might happen next year. bit.ly/3jokDrT
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It's commissions drawn in prestige property land: Prestige agents duke it out over $23m sale. #RearWindow #ausproperty afr.com/rear-window/prestige…

Prestige agents duke it out over commission on $23.5m property sale

The sale of Radek Sali’s hobby vineyard on Victoria’s Mornington Peninsula to a Czech coal miner was not a straightforward matter.

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'They now have insurance protection for 10 years after they take possession that the building will be structurally sound': Insurers come back to NSW apartment #construction. afr.com/property/commercial/…
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Vicinity has a number of substantial office towers proposed as part of a $2.9 billion development pipeline that will diversify its retail holdings with mixed use real estate, including apartments. bit.ly/3SDnk5K

Chadstone shopping mall expands, again

Vicinity has a number of substantial office towers proposed as part of a $2.9 billion development pipeline that will diversify its retail holdings with mixed use real estate, including apartments.

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'Canberra is a Petri dish reflecting what pure office work looks like': Nation's capital shows the changing world for office workers. #workplace #ausproperty afr.com/property/commercial/…
Image from Michael Bleby (@MichaelBleby)
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'We’re going to continue to see growing insolvency numbers, particularly of construction companies': Cash flow a looming risk for builders as insolvencies rise. afr.com/property/commercial/…
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'We continue to see very solid demand': @Mirvac boosts apartments pipeline as migration picks up again. #ausproperty #ausecon afr.com/property/commercial/…
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'I can’t speak to what goes on in the mind of ministers': On Friday, NSW Property Services Commissioner left the job - the minister terminated his role after 8 months. (On Sunday that minister Eleni Petinos was herself terminated from cabinet). afr.com/property/residential…

NSW terminates real estate regulator after 8 months

The latest ruction in governance of real estate, a sector of the economy that supports 37,000 jobs, sets back reform moves underway.

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Melbourne developer Caydon collapses @larryschles afr.com/property/residential…
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'It's a two-speed market': Prestige property going gangbusters but clearance rates glum elsewhere. #ausproperty afr.com/property/residential…

Prestige property going gangbusters but clearance rates glum elsewhere

Potential buyers expecting higher borrowing costs are sitting on their hands. There are no such constraints at the top end, however.

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Less risky business: #Multiplex wants to expand into defence. #construction afr.com/property/commercial/…
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'We will provide the flexibility to our workforce, regardless of the client’s interests': #Multiplex pushes back against a Monday-Friday site week. #construction afr.com/property/commercial/…
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‘We’ve seen a more significant softening in NSW’: new @PEXA_AUSTRALIA data shows the suburbs with quickest slowdown in housing settlements. #ausproperty afr.com/property/residential…
Image from Michael Bleby (@MichaelBleby)
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After doubling its QLD starts in one year: @MetriconHomes surge shows the perils for home builders. #construction #ausproperty afr.com/property/commercial/…
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Breaking: @MetriconHomes founder, CEO Mario Biasin dies suddenly. #construction #vale afr.com/property/commercial/…
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Breaking: 'I get people and projects that are instantly operational': Roberts seals deal on five @ProbuildAust projects. #construction afr.com/property/commercial/…
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And pays $245k over expectations: After 10-year wait, grandmother buys across road from daughter. #HowitSold afr.com/property/residential…
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