The man leading one of Perth’s most successful property development firms talks calculated risks,motorbikes,and helming Hesperia.
The Chinese-backed investor and developer has properties with a total value of $200 million on the market,including its prized Forest Hill project.
Developer-publisher Morry Schwartz has made his move back into the property market,striking a $16 million bargain for a B-grade office building in Melbourne’s CBD.
Chinese-backed developer APH has lost control over a $1 billion Forest Hill commercial development just weeks before it was due to go to market.
Beware commuters:the car park next to Glen Waverley station has been sold
Property company Virtical is hoping to flip the hotel in Flinders Lane for more than the $25 million it paid in May 2023 so it can to focus on its Sydney assets.
Property developer Lang Walker gave generously to Western Sydney University. His company stands to gain far more.
The Poulakis family,owners of luxury clothes retailer Harrolds,are selling the old Victoria University CBD campus.
“I’m no guru property guy. I just love old buildings and love to create restaurants in them,” says culinary king Chris Lucas.
When times get tough,cashed up investors with deep pockets start looking for distressed property.
Global property giant Lendlease has announced that chairman Michael Ullmer will retire at its annual general meeting in November,following concerns about the company’s underperformance.