The Melbourne office market has been in the spotlight recently as population and commercial growth expands away from the CBD and into suburban areas. In the latest sign of the trend, Macau investors have bought out an office development at Ringwood in Melbourne’s east fully pre-committed to the government for $28.3 million.
The take-out-style transaction was struck on a tight yield of 5.3 per cent, an indicator … Read more »
Last week, well-known real estate investor GreenFort Capital has entered into a joint venture with private equity firm Gaw Capital Partners to acquire and develop a $600 million pipeline of retirement living projects.
Under the arrangement, GreenFort plans to grow its retirement living business, Reside Communities, to 1500 units across the east coast of Australia.
GreenFort partners Adam Vaggelas and Nick Singleton – both formerly of … Read more »
On behalf of the team at First Choice Business Brokers, I would like to wish you and your family a safe, relaxing and enjoyable festive season.
2018 has been a fantastic year for First Choice, as we approach our 14th year here in Box Hill! Over the past year we’ve become even savvier in finding new ways … Read more »
11 December 2018
The government-proposed fund for banks to inject equity into growing small businesses has received a boost, with the prudential regulator signalling it is willing to consider regulatory concessions to make the vehicle commercially viable.
At a roundtable hosted by Treasurer Josh Frydenberg in Canberra on Thursday, Reserve Bank of Australia governor Philip Lowe told commercial bankers and AustralianSuper that fixing a lack of funding to small and … Read more »
Small business would find it easier and cheaper to settle fights with the Australian Taxation Office through access to an independent appeal organisation to help quickly resolve disputes, under a policy unveiled by the Morrison government.
Prime Minister Scott Morrison announced the latest pitch to assist small and family businesses, as the Coalition government favours the small end of town over the big banks and energy companies … Read more »
3 December 2018
The G-20 meeting of world leaders over the weekend was undoubtedly the biggest event that business people all over the world watch closely. Amongst the key points to watch for was obviously what happens between China and the US on their trade disputes. As the weekend concluded, good news came out. Markets were cheered by US President Donald Trump and Chinese President Xi Jinping agreeing to … Read more »
