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Cedar Pacific and Sumitomo Forestry to partner on $1.2b build-to-rent portfolio

Cedar Pacific and Sumitomo Forestry will join forces on a $1.2 billion portfolio of build-to-rent towers that will use plenty of timber in their construction. ....

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AFR Reader Poll: 'Goyder is spread too thin': AFR readers want Qantas chairman gone

Almost 80 per cent of surveyed readers say that Qantas chairman Richard Goyder should resign and that former chief executive Alan Joyce should be stripped of his bonuses. ....

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Commercial property: Office vacancies pain won't peak for at least 18 months

Office vacancy rates are not expected to reach their peak until mid-2025 despite already reaching near three-decade highs. ....

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Australian commercial real estate: office to hotel conversions a 'huge opportunity'

Veriu will convert a mostly vacant office building into a 76-key apartment hotel and is in talks with other landlords to undertake similar projects. ....

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Twelve Apostles spa project worth $200 million has been 'de-risked' to sell

Conceived seven years ago by three prominent Melbourne developers, the project is now being offered for sale to an investor with deep pockets. ....

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