Local News » Business
A case study in international property expansion
Malaysian listed development group, UEM Sunrise Bhd (“UEMS”), one of Malaysia’s leading property developers has marked its first venture in Australia with the acquisition of two development sites in Melbourne’s central business district.
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The rise and rise of the residential towers
Headlining news within Melbourne’s CBD this month has been the approval of Aurora Melbourne Central.
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Council market buy tops the list
October has been a busy month for planning and development news in the CBD headlined by City of Melbourne’s purchase of the Munro site adjacent to Queen Victoria Market and the topping out ceremony for 567 Collins St.
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Council ups the ante on Victoria Market redevelopment
The City of Melbourne last month put its money where its mouth is by buying 6500sqm of land abutting the Queen Victoria Market.
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Trade-off on over-shadowing
The City of Melbourne last month sacrificed its formerly-consistent opposition to over-shadowing of the south bank of the Yarra in return for public open space at 447 Collins St.
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Demolition fears for historic drill hall
The Royal Historical Society of Victoria (RHSV) fears it could be evicted from its premises and the historical building demolished after the state election.
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Malaysians chose Melbourne for business mission
Melbourne’s CBD continued to out shine other Australian capital cities when we played host last month to 20 of Malaysia’s largest and most successful property developers.
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Developer levy unlikely
Melbourne City Council’s proposal to collect a ‘developer contribution’ amounting to $900 per dwelling for new CBD residential towers may not see the light of the day.
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Having a ball with the Melbourne City North Business Association
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