Commercial real estate
Wealthy family takes $20m haircut on Collingwood office
Melbourne’s wealthy Liberman family has sold its city fringe office building at a sizeable discount.
- Nicole Lindsay
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Sydney barrister Brian Dooley calls last drinks at Courthouse. It’s yours for around $20m
Another four other venues in Tamworth have changed hands for $160 million.
- Carolyn Cummins
From Paris to Brunswick: These high fashion designers have a new home
Under-the-radar fashion house Strateas Carlucci has opened a new hybrid studio-shop in Brunswick.
- Stephen Crafti
Heady times for hotels as Perisher’s Sundeck sells and Oaks fetches $140m
The Sundeck Hotel in Perisher Valley, said to be the country’s highest-altitude hotel, has been bought by hospitality investor Peter Dean.
- Carolyn Cummins
Filipinos’ Flinders Street plan: Melbourne’s largest hotel with 766 rooms
A Philippines-based hotel developer has quietly snapped up a Flinders Street development site for more than $25 million and is planning to build a 766-room hotel.
- Nicole Lindsay
VicRoads surplus land sale to boost state coffers by $50m
The state government is looking at a much needed $50 million-plus windfall from land next to the EastLink tollroad.
- Nicole Lindsay
Camilla’s upmarket Mosman store to close as GWS chair gets $10m windfall
Kaftan queen Camilla will close a high-profile store as GWS deputy chair Adrian Fonseca sells a $9.85 million childcare centre.
- Carolyn Cummins
The Sydney council that sold its offices to spend the next decade renting them back
Blacktown City Council’s new offices were originally costed at $144 million. Now the project will cost $605 million and the council is running out of cash.
- Ellie Busby and Anthony Segaert
Why this Bondi building is likely to get potential buyers salivating
A building once owned by the Hemmes family is on the market with a price tag of more than $25 million.
- Carolyn Cummins
Give peace a chance and buy a non-conforming church for $20m
Melbourne’s Unitarian Church is selling its Peace Memorial Church in East Melbourne and looking at a windfall.
- Nicole Lindsay