A business park in one of Melbourne’s south-eastern suburbs has changed hands for more than $300-million as owner Dexus continues to divest assets. The 19.6ha Axxess Corporate Park in Victoria’s Mount Waverley is 16km from the Melbourne CBD on the corner of Ferntree Gully Road and Gilby Street in the second biggest employment zone outside … [Read more…]
A billionaire and his son have put their foot on reportedly Queensland’s largest residential development site sold in 20 years, paying $177 million. Property developer Bob Ell (pictured below) and son Robert’s Leda Holdings are planning around 4000 homes for the 161ha Coomera Quarter parcel at 49 Cunningham Drive; 51 and 70 George Alexander Way, … [Read more…]
Published: May 17, 2023 at 4:33 a.m. ET By Joe Hoppe Shares in Purplebricks fell Wednesday after the company said it has conditionally agreed to sell substantially all of its business and assets to Strike for a nominal consideration of one pound ($1.25) and the assumption of its liabilities. Shares at 0830 GMT were down … [Read more…]