Whopper of a deal, and Coast's Landmark on its way | Melbourne 'big concern for property confidence'

Email A wealthy investor pays top dollar for a Hungry Jack’s; a 2bn Gold Coast project is on its way; and a local hospitality group acquires a motel in Tweed Heads. These are the hottest commercial property deals this week.

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RETAIL Hot property: Whopper of a deal; and Coast’s Landmark on its way A wealthy investor pays top dollar for a Hungry Jack’s; a 2bn Gold Coast project is on its way; and a local hospitality group acquires a motel in Tweed Heads. These are the hottest commercial property deals this week. CHRIS HERDE SURVEY Melbourne the ‘big concern’ for property confidence High taxes on Victoria’s property sector and the state’s fiscal position have acted as a drag on otherwise strong levels of confidence within the property sector, a survey shows. By MACKENZIE SCOTT CITYBEAT Private island retreat to sell for bargain price The owner of the property near the Great Barrier Reef wants to sell the property for a price well below the average inner city home in a deal that features plenty of ‘boy’s toys’. By CHRIS HERDE COMMERCIAL PROPERTY Centennial unites with Parkstone for retail play Property funds house Centennial has teamed up with boutique manager Parkstone to set up a venture which has ambitions to buy $1bn worth of shopping centres. By BEN WILMOT PROPERTY Public touts ‘debt reset’ talks Jon Adgemis’ Public Hospitality Group has confirmed it’s working on a new debt deal with lenders in a bid to right its operations. By DAVID ROSS WEALTH Property investors return to the big city hotspots Despite better recent price action in regional Australia, property investors are sticking to the same big city suburbs they always have. By JAMES KIRBY PROPERTY More grim news in housing crisis With the construction sector battered by soaring cost, elevated interest rates and labour shortages, new home building starts plunged in 2023. By JACK QUAIL PROPERTY Sydney to get new mall amid population explosion The project will break the long drought of major new shopping centres in the city. By BEN WILMOT CONSTRUCTION Delays to cause data centre upset: CBRE Heavy delays are set to disrupt the growth of new data centres as construction times blow out and available land tightens. By JOSEPH LAM PROPERTY Rental crisis: developers demand policy push The build-to-rent industry is on track for dramatic growth but must surmount significant hurdles as it still faces policy blockages and the capital constraints that have struck the broader real estate. By BEN WILMOT, MACKENZIE SCOTT   Travel & Luxury NEWSLETTER EVERY THURSDAY A weekly dose of inspiration from travel news and adventure curated by Susan Kurosawa, Associate Editor. Sign up ➔   NEWSLETTERS TODAY'S PAPER MIND GAMES THE AUSTRALIAN PLUS   Want to change how you receive these emails? Manage your newsletter preferences or unsubscribe from this newsletter. Sent by The Australian, GPO Box 4245, Sydney, NSW, 2001 Australia.