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Armadale Supersite Sets New Record

A local developer accentuates the ongoing demand for luxury residential developments, acquiring three titles in one line in Armadale, in one of Melbourne's most hotly contested campaigns. 79 & 81-83 Wattletree Road, Armadale Sold by Gross Waddell ICR and Keck Cramer.

New South Wales (NSW)

Properties

33.12 ha Lithgow englobo residential subdivision sold by Knight Frank

A Lithgow residential land parcel sold to ASX-listed Maas Group Holdings (MGH). 33.12 ha property at 33 Magpie Hollow Road South Bowenfels sold for $8.4 m in a deal negotiated by Mark Litwin and Grant Bulpett of Knight Frank.

Queensland (Qld)

Properties

Gold Coast Chevron Island development site for sale CBRE

A significant residential development opportunity on the Gold Coast for sale within the emerging cultural precinct of Chevron Island. 25-29 Mawarra Street Chevron Island for sale by CBRE Gold Coast Managing Director Mark Witheriff.

News Roundup

https://www.therealestateconversation.com.au/news/2020/04/29/how-much-the-banks-generosity-costing-you/1588121720

How much is the Bank’s generosity costing you?

REINSW CEO Tim McKibbin questions who really is footing the bill when it comes to banks, landlords and tenants.

The Real Estate Conversation

https://www.thehotelconversation.com.au/news/2020/04/23/hotel-investors-still-lookout-amid-covid-19-cbre-survey/1587567615

Hotel investors still on the lookout amid COVID-19 - CBRE Survey

The Australian hotel industry remains cautiously optimistic about medium-term investor appetite amid the COVID-19 pandemic, according to CBRE Research’s latest Hotel Market Survey.

The Hotel Conversation

https://www.thehotelconversation.com.au/news/2020/04/29/strategies-protect-profit-through-covid-19/1588142204

Strategies to protect profit through COVID-19

IDeaS Revenue Solutions Asia Pacific Vice President Rachel Grier outlines the key levers that hoteliers need to consider in order to protect revenue and profits during the downturn.

The Hotel Conversation

https://www.retalkasia.com/news/2020/04/24/economic-impact-covid-19-weighing-heavily-singapore-cbre-survey/1587701778

Economic impact of COVID-19 'weighing heavily' on Singapore - CBRE Survey

CBRE has released the results of the Asia Pacific Occupier Flash Survey, showing the COVID-19 pandemic has had a significant impact on business sentiment in Singapore.

RETalk Asia

https://www.theaseandeveloper.com/news/2020/04/30/its-important-be-conscious-timelines-how-developers-are-adapting-covid-19/1588210194

'It's important to be conscious of timelines': How developers are adapting to Covid-19

Dan Holden, founder of commercial brokerage firm HoldenCAPITAL, outlines where the challenges lie for Australia's developers moving forward.

The ASEAN Developer

https://www.commo.com.au/news/2020/01/09/australian-commercial-market-will-continue-attract-foreign-capital-2020-says-savills

Australian commercial market will continue to attract foreign capital in 2020, says Savills

Savills Australia and New Zealand CEO Paul Craig has outlined the trends set to shape Australia's commercial sector this year.

COMMO