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Dalian Wanda Group has officially shot down speculation that it has succumbed to regulator pressure and commencing the disposal of two high-value assets in Australia.  “Having made such enquiries internally as is reasonable in the circumstances, the company wishes to clarify that, as of the date of this announcement, the company does not have any plan to make the said disposals...
Read More About Is Wanda being forced to sell its Australian assets? »
Australian real estate is in for a shakeup with the quiet launch of proptech fund Esho Ventures , which will be announcing its first investments later in 2017. The investments promise to be an interesting range of start-ups, given the unconventional way Esho Ventures is vetting prospective entrepreneurs. Unlike comparable funds, Esho Ventures screens potential proptech companies for their...
Read More About Why this proptech fund is taking a Facebook-focused approach to investing »
The lack of student accommodation in Australia is a major paradox. Although the world’s third-largest education provider for overseas students, it has one of the lowest supplies of student housing. Currently, just 10 percent of the country’s 300,000-plus foreign students live in purpose-built student accommodation (PBSA) according to a 2015 report from law firm Colin Biggers & Paisley....
Read More About What to learn from accommodating Australia's overseas students »
Wisdom is no longer the monopoly of the wizened. At age 26, Stephanie Brennan has accrued enough financial savvy to be called “Australia’s youngest property tycoon.” The Belrose, Sydney-based investor currently has a global property portfolio valued at AUD3.085 million (USD2.3 million), including commercial spaces in New York City and a plot in Scotland. Brennan insists she is still like...
Read More About How to invest in property like a boss millennial »
Around 11 percent or one in every 10 of homes in New South Wales went to a foreign buyer from July to September, according to the NSW Office of State Revenue. A freedom-of-information investigation by the Australian Financial Review , however, found less daunting figures. The statistic apparently includes residential property purchases by dual citizens as well as joint transactions by...
Read More About Foreign share in Australian homes not as big as it seems »
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