There are many examples where a vision has turned into something substantial and in its 50th year Westfield Group is a fitting example. This month we a look at one icon Westfield and a young developer Mohan Du, Founder & Chief Executive Officer of Capital Alliance. Westfield Group History Scentre Group was established […]
eConveyancing now operating in NSW From 1 July 2018 you are required to electronically lodge all caveats and standalone transfers, along with mortgages, refinances and discharges of mortgage (including non-authorised deposit-taking institutions). What is e-Conveyancing? Electronic conveyancing (eConveyancing) is a more efficient, accurate and secure way of conducting the settlement and lodgement stages of […]
Housing Finance Numbers Continue Fall The June 2018 housing finance figures released recently by the Australian Bureau of Statistics show that the number of loans for housing continues to decline, according to the Real Estate Institute of Australia (REIA). “Overall the figures for June 2018 show, in trend terms that the number of owner-occupied finance […]
A real estate entrepreneur or a real estate investor to a lesser extent is someone who actively or passively invests in real estate. An active investor may buy a property, make repairs and/or improvements to the property, and sell it later for a profit. As with all investments, returns are a factor of costs and […]
Project management is the discipline of initiating, planning, executing, controlling, and closing the work of a team to achieve specific goals and meet specific success criteria. Property Development Management: Interested in property development, new premises for your business or simply investing in property. Here’s what professional consultants cover […]
Planning Approval Pathways There are nine different planning approval pathways in NSW. The size and scale of the development will determine which of the assessment pathways is appropriate. Many types of minor home renovations and small building projects such as the erection of a carport, balcony, deck or garden shed don’t need a planning or […]
Marketing & Sales is one of the most critical aspects of development. If not planned correctly and executed and development may fail to sell or achieve the prices needed to make a project a success. A comprehensive sale and marketing plan will include: Detailed knowledge of the residential market Comprehensive insight into current […]
High-tech apartments are winning over home-buyers in Sydney’s west. Leading Australian developers are future-proofing their residential projects with high-tech wizardry to meet a growing market demand for apartments equipped with the latest advances in digital technology. Projects that give residents instant access to services and unprecedented power over the way their apartment functions by simply tapping […]
Here is a selection of transactions we think are worthy of attention. The first this month is from Sydney developer Eduard Litver and his purchase of the Double Bay Retail Centre for $40m. If you know the centre you’ll be interested to read his plans however just as interesting is his progression over 25 years […]
One of the key considerations when developing a project is effective financing. Choosing an inappropriate or poorly structured finance arrangement can be costly. It can be the difference between a property development being funded and proceeding or being passed over by banks and other providers. And as interest rates moves and market conditions change the […]