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Outrigger to manage resorts in Airlie Beach, Australia

Byron Perry Property Report 17.11.2010

Australian auction reveals waning demand

OJFall Property Report 11.11.2010
Outrigger to manage resorts in Airlie Beach, Australia

Outrigger Hotels & Resorts has signed a memorandum of understanding with property developer Meridien to manage two new waterfront resorts at Arlie Beach in North Queensland, Australia. Arlie Beach is in Australia’s famous Whitsundays region and is generally regarded as the gateway to the Great Barrier Reef Marine Park.

Australian auction reveals waning demand

An Australian auction seen as a test of demand for a housing market the International Monetary Fund said may be overvalued by as much as 15 per cent, raised just AUD4.1 million.

Australia's luxury homes on auction at Sydney Opera House

Christine Jared-Perrin International Business Times 09.11.2010
Australia's luxury homes on auction at Sydney Opera House

Luxury homes will be auctioned tonight at the Sydney Opera House as 11 prime pieces of property including five in Sydney and one in Brisbane will be up for grabs and estimated to cost A$30 million.

Lower tax rate opens local property to foreign investors

CB Richard Ellis (CBRE ) and Echo Capital are targeting foreign investors with new property products in Australia after the May budget revised the national withholding tax rate to a more favourable 7.5 per cent.

Australia property prices stabilising

A Place in the Sun 21.10.2010
Australia property prices stabilising

There is mounting expectations that Australia property prices may not boom in 2011, as previously projected by some property experts.

Investors face headwinds in ING property deal

AFTER a year where commercial property deals have been thin on the ground, resolution of the management of ING Real Estate Investment Management's two largest property funds is inching closer.

Why bad news is good - for now - in this property market

Chalpat Sonti The Sydney Morning Herald 13.10.2010

Heritage Overlay Worries Property Owners

Sunil Kumar Top News 13.10.2010
Why bad news is good - for now - in this property market

If ever there was a case of apparently bad news being good, it has emanated from the housing industry in recent months.

Heritage Overlay Worries Property Owners

Property owners of units in a Caulfield South building have raised complaints that they would have not bought the property, if they would have known about the heritage laws related to the building. The property owners are feeling the pinch of the heritage laws that protect the building.

Global investors eye properties in Sydney

A Place in the Sun 09.10.2010

Australia's Property market turnaround soon

Christine Jared-Perrin International Business Times 09.10.2010
Global investors eye properties in Sydney

The Sydney property market is now ranked as the fourth most popular investment destination for global property investors, after London, Paris and New York, according to a survey by the property consultant CB Richard Ellis (CBRE).

Australia's Property market turnaround soon

Deputy Governor Ric Battelino of the Reserve Bank of Australia is optimistic that there would be turnaround in the property and real estate sectors as an encouraging shift of financing models will pave the way for future growth.


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