Dentons advised on all aspects of the collective sales process and handled the Land and Environment Court proceedings, while Colliers International agents Gus Moors and Karen Wales marketed 252 Sussex Street through an International Expressions of Interest campaign.
As a recruiter who is hyper-focused on the real estate and property market, I get to witness any groundswell in staffing requirements and therefore am often asked to comment on where I see growth areas emerging.
Overall, the latest housing finance data is mirroring other indicators such as auction clearance rates and the CoreLogic Home Value Index, which highlight early signs of improved housing market conditions.
Real Estate Institute of Australia President Adrian Kelly said overall the figures for June 2019 show, in seasonally adjusted terms, that the number of owner-occupied finance commitments excluding refinancing increased by 0.4 per cent.
Overall lending to home buyers (excluding refinancing) posted a modest lift in June but remains considerably below earlier levels, according to Housing Industry Association of Australia (HIA).
Laing+Simmons Managing Director Leanne Pilkington said the awards night is an important way to recognise the efforts of the network’s best operators in a challenging market.
All states experienced a decline in fresh property sales listings, with Sydney -32.5% lower than a year ago, Melbourne is down -29.3%, and Brisbane has decreased by -19.8%.
Far too many novice investors spend all their time looking for that rare jewel – that probably doesn’t exist, or they simply don’t have the networks or expertise to find it.
Value of property prices in Sydney are expected to rise by 2 per cent and in Melbourne, unit prices will grow from 0 to 2 per cent and house prices will increase from 1 to 3 per cent, according to Dream Design Property (DDP).
Chief Executive Officer and Managing Director of Mirvac Susan Lloyd-Hurwitz has taken on the role of Chair of the Green Building Council of Australia (GBCA).