Housing recovery hinges on rates: Stockland + Inside Gurner's luxe health club

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NEWS

Housing market recovery hinges on interest rate outlook, Stockland says

Moves made by the Reserve Bank will influence how fast sales come back, and the country’s largest residential developer called out one state’s performance as lagging.

Property market buoyed by rates outlook as conditions stabilise

Property portal Domain’s profit growth narrowly missed expectations as it the market is stabilising for the first time in several years.

Patient Westfield considers options

Scentre Group, the owner of the shopping centre empire, has beefed up security and says that shoppers are spending in complexes despite the tough environment.

‘Ageing challenge’: navigating demographic shifts; economic impacts

The global ageing trend, fuelled by declining birthrates and increasing life expectancy, presents significant challenges and opportunities that demand urgent attention, writes Hari Hara Priya Kannan.

Lendlease falls to $1.5bn loss amid costly international exit

The embattled listed property developer is winning local jobs, but still faces a tough task getting capital back to Australia from its offshore unit.

Dexus falls to $1.58b loss as office towers weigh

The office group is making a move from being a landlord into more active businesses and will cut its distribution as it invests in new sectors.

MARKET MOVERS

Arada launches into Australia with $2.5bn housing foray

The Middle Eastern developer is looking to bring its smarts into the market Down Under – and one of its main advantages is a homegrown chief executive.

The quiet rise of a property billionaire

Nick DiMauro has emerged as one of Australia’s richest property magnates. This is his rags-to-riches story and why he wants other migrants to be given a chance.

Liquidator’s sale breathes life into riverfront site

A prime Brisbane riverfront mega site that had been earmarked for a four-apartment tower urban village has sold, with its new owners commenting on plans for the site.

Adelaide property giant targets shopping centres in new move

Adelaide property identity Ross Makris is looking to capitalise on the shopping centre sell off via a new fund backed by local and overseas investors.

Future Fund checks out of Perth mall as Vicinity makes big play

The deal shows the strength of demand for assets at the top end of the retail market but also locks in a big pricing reset.

Realestate.com.au takes on renovation market with AI tool

What would happen if you painted that room white or tiled your bathroom? Now you can find out with the help of artificial intelligence.

✣ PRESTIGE PROPERTY

Inside Saint Haven: the controversial club promising eternal youth

It’s dedicated to providing its members with the very best in wellness, ensuring that their investment in health yields extraordinary returns. But how much would you pay for access to this utopian wellness centre?

You could be king of this castle

Italianate “Burnham Castle”, built in 1887, casts a commanding presence on Sydney’s Lower North Shore. Price: $18 million.

Agents at odds over value of veteran banker’s penthouse

Former Macquarie banker Edward Jewell-Tait is caught in a polite war of words between estate agents after selling his Bellevue Hill penthouse on its second marketing campaign.

COMMERCIAL PROPERTY

Charter Hall surprises as cycle gets into gear

REA exits SE-Asian property portal in $US1.1bn deal

Aware targets next generation logistics

GPT turns to investment management despite hit from sliding offices

Hawaiian goes shopping for QIC’s Claremont Quarter stake

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