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This is what's moving in property this week.
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NEWS
1
Olympics venues to get private funding treatment
The Queensland government is moving to privatise infrastructure development for the 2032 Brisbane Olympics, including the $3.7bn-plus main stadium that has bedevilled Games planning to date.
2
Why Star’s Brisbane deal is in tatters
Tensions had been building for weeks and Hong Kong’s sudden exit goes to the casino’s ongoing credibility problem.
3
How much did your home price rise last financial year?
Savings goal posts have moved after continued property price rises forced homebuyers to put aside an extra $40,000 last financial year if they wanted to purchase a house or apartment. See how much your house is worth | INTERACTIVE
4
‘Dramatic change’ in property market sees Melbourne plummet
Melbourne’s property problems increasingly look permanent, while the Gold Coast has jumped up the property ladder, according to a new report.
5
Migrating millennials to ‘youthify’ regional Australia
Millennials are headed to regional Australia, leaving their baby boomer parents to age in middle suburbia, transforming both cities and regions.
MARKET MOVERS
Charter Hall goes on a mall shopping spree
Funds house Charter Hall has bought two malls in Sydney and Melbourne as it launches a new specialist wholesale trust.
‘A land crisis’: How GemLife is untangling the property puzzle
The real test of GemLife’s ‘seachanger’ communities comes on Thursday when the property play makes its closely watched $1.5bn stock market debut.
Andrew Roberts to pay staff, creditors after $20m bailout plan
The building company’s Victorian arm collapsed in March with debt of $272m, but staff and small creditors will get some money.
James Packer-backed developer buys landmark Kew supermarket site
Tycoon James Packer’s property empire is expanding and his latest acquisition comes as a popular gourmet supermarket in a swanky part of Melbourne shuts down.
✣ PRESTIGE PROPERTY
How the ultra-wealthy travel virtually rent-free
From castles to yachts and beyond, there’s a new hack giving well-off travellers luxe accommodation for next to nothing. Here’s the catch.
This Sydney entrepreneur rejected minimalism for a home brimming with character
The Dinner Ladies co-founder Katherine Westwood began her meal delivery service in her home garage. Then, she and her husband transformed the space into a must-see maximalist haven.
COMMERCIAL PROPERTY
Gateway on hunt for assets with new fund
Investors eye $300m slice of western suburbs retail gem
Keppel eyes university campus buy
Pro-invest strikes build-to-rent JV with Kajima as affordability fix flies
 
 
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