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Frasers Property Industrial has agreed to develop and lease a 30,823 square metre warehouse, print production, and office facility to IVE Group for $61 million. The facility's builder has been named C ... -
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Home, a build-to-rent developer, has received approval from the Future Melbourne Committee for two build-to-rent skyscrapers near to Marvel Stadium. The unlisted real estate firm, founded with Grocon' ... -
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The NSW Government is increasing its historic investment in new and upgraded schools, delivering funding for 44 new and upgraded school projects announced as part of the 2021/22 Budget. This includes ... -
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Funding of AU$50m (£27m) has been allocated for the start of work on the next stage of a light rail network serving the western suburbs of Sydney in Australia. The government of New South Wales (NSW) ... -
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Aon Ari Property intends to "resurrect" the Penrith Crane Enfields manufacturing site by constructing a $101 million industrial complex. SJB Architects designed the 12ha Penrith property, which would ... -
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Goldfields Group has received approval for its controversial 12-story, 198-room hotel complex on the site of the former Matt Blatt showroom in Richmond. After the Yarra City Council failed to make a d ... -
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Construction on Sydney's newest city centre will begin before the end of the year, with the NSW government releasing first images of how it will look. The government today announced $1.15 billion to k ... -
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The NSW Productivity Commission has released its productivity white paper, Rebooting the Economy, which makes recommendations for better infrastructure and natural resource management. According to th ... -
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Goodman, an ASX-listed property company, has disclosed plans for two commercial office buildings at Macquarie Park, north-west of Sydney's CBD. The DA, which is currently before Ryde City Council, cal ... -
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Mirvac, a diversified property investor, will begin construction on a new A-grade office building in central Melbourne after obtaining planning consent for the site it purchased for $122 million in la ... -
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A CIMIC Group (CIM) entity, CPB Contractors, has been confirmed as the builder of Sydney's first build-to-rent residential tower in the CBD. Pitt Street Developer South granted the design and construc ... -
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A new platform for build-to-rent, Novus, has recently announced a $2 billion development pipeline as the sector continues to draw institutional investment. Novus is a joint venture between ex-Mirvac w ... -
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According to the Australian Bureau of Statistics (ABS), the value of new residential construction increased by 5.1 percent in the March quarter, highlighting the tremendous demand for new homes in a h ... -
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Supermarket giant Woolworths has started construction on the first of two state-of-the-art distribution centres in Sydney’s south-west to strengthen its national supply chain to more than 1000 of its ... -
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The contract for the construction of the terminal at Western Sydney International (Nancy-Bird Walton) Airport has been awarded to Multiplex Construction Pty Ltd. Multiplex is an established global con ... -
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Winter Sports World is an Australian first world class $300 million indoor snow resort development planned for Western Sydney. A major demand generator for tourism and winter sports, helping put Weste ... -
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The NSW government will push ahead with a $2.5 billion motorway tunnel between Kogarah and Arncliffe but doubt remains over a future extension south towards the Sutherland shire. NSW Transport Ministe ... -
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There have been calls for half-empty office blocks, especially second- and third-tier assets in the Sydney CBD, to be turned into residential or mixed-use accommodation. But some experts have warned a ... -
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Creditors have determined collapsed construction group Grocon will not be placed in liquidation after voting in favour of a revised rescue deal. Administrators KordaMentha were appointed in November, ... -
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Locations of two further metro stations have been confirmed in the central business district (CBD) of Sydney, Australia. The stations will be for the Sydney Metro West project, which will connect Parr ... -
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The much anticipated 2021 Budget has seen a great deal of further investment in the Australian construction, infrastructure and jobs market. Outlined below are the key takeaways from the recent announ ... -
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The NSW Government is exploring the potential for a new 11km tunnel as a critical component of an upgraded Great Western Highway between Katoomba and Lithgow, which would be the longest road tunnel in ... -
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Australia is experiencing a critical timber shortage as a result of an increase in demand caused by the COVID-19 pandemic and destructive bushfires. Timber prices are skyrocketing as a result of the s ... -
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Australia’s Sydney Metro has shortlisted two companies for executing construction work on a new metro railway line under the Sydney Metro-Western Sydney Airport project. The new metro line will connec ...
Industry News
