Developer Time& Place has doubled down in Northcote,buying a site down the road from its $500 million Northcote Plaza project.
The bright-green Windsor Castle Hotel,famous for its rooftop pink elephants,has a new owner after its operator went bust just before Christmas.
Jerry Schwartz is purchasing a majority share in the business from former owners Aaron Shaw and Ken Gaunt.
We all want the housing crisis to be solved,but as a society,we’ve painted ourselves into a corner. The truth is,there are no easy solutions.
Policymakers often talk about “social and affordable housing”,and ways to boost supply of it. These terms are sometimes used interchangeably but they are,in fact,quite different.
In Switzerland,a lifetime of renting is not considered a personal failure or a shortcoming of the system.
Rents are likely to keep rising for the rest of this year with little chance of relief as strong population growth outstrips the supply of new dwellings.
The economics of build-to-rent development barely stacks up in Sydney compared to Melbourne,which has 10 times the number of such units under construction.
The country’s biggest developer of home estates will cut back the size and price of its projects by an average of 20 per cent,seeking to woo first home buyers.
Property giant Lendlease will develop a large-scale build-to-rent tower in the heart of Melbourne with one of Japan’s largest property developers.