Archive for December 2023
‘Avoid the sh*t builder merry-go-round!’and other end-of-year insights
This month, fellow recruiter Jonathan (Jono) Conley rejoined me on “The Building Talks Podcast” (brought to you by Building Environs Recruitment). Our main topic of conversation? The ins and outs of construction recruiting in 2023. Amongst the colourful banter and good-natured ribbing, we uncovered 5 key takeaways – and their implications for the industry in…
Read MoreSignificant sale kickstarts $1 billion portfolio
News from the industrial sector: An estate containing Catch.com.au’s fulfilment centre has sold for $94.1 million to Barings. Its plans for the site? To use it to seed a $1 billion portfolio with superannuation fund Rest. The vendor, Charter Hall, originally purchased the 46,933 square metre Truganina site for $41.7 million in 2015. It will…
Read MoreGamuda wins approval for St Kilda Road office tower
VCAT has approved Gamuda Land’s application for an 18-storey residential tower on St Kilda Road, overriding a permit amendment from the City of Port Phillip to cut the tower’s height by two storeys. Originally purchased for $9.75 million, the site at 95 St Kilda Road will soon be home to a $35 million development housing…
Read MoreRMIT BTR gets approval – and a warning
Earlier this month, the City of Melbourne approved the demolition of the RMIT Village in North Melbourne to make way for a 19-storey, student build-to-rent development. But the approval came with a stern word from Deputy Lord Mayor Nicholas Reece, who wasn’t impressed that a 5-year-old building would be demolished. In his words, ‘Taking a…
Read MoreTime & Place secures approval for Hotel Lindrum redevelopment
In 2022, developer Time & Place bought the Hotel Lindrum for $50 million. It came with a planning permit for a 30-storey mixed-use project. Some 18 months later, the firm has received approval from the City of Melbourne to amend that permit – and construct a $200 million office tower above the existing 1920s building…
Read MoreNightingale Brunswick wins Premier’s Sustainability Award
Nightingale Village added another award to its pool room in November: Industry Leader in the Sustainable Places category at the 2023 Premier’s Sustainability Awards. The Brunswick development has now received over 20 awards and commendations in 2023 alone – a very impressive feat. So, what makes this development so special? To begin with, six different…
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