APARTMENTS – VICTORIA – DESIGN AND CONSTRUCTION

Grange raises property stake amid concerns

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Original article by Peter Ker
The Australian Financial Review – Page: 23 : 26-Apr-19

The decision by iron ore miner Grange Resources to diversify into property development continues to attract scrutiny. Grange is focusing on apartment developments in Melbourne suburbs such as Toorak and Prahran, where dwelling prices fell sharply in 2018. Some shareholders have expressed concern about the adequacy of Grange’s disclosures regarding its investment in the venture. CGI Glass Lewis has also urged investors to vote against Grange’s remuneration report at its upcoming AGM.

CORPORATES
GRANGE RESOURCES LIMITED – ASX GRR, CGI GLASS LEWIS PTY LTD, CORELOGIC AUSTRALIA PTY LTD

New rules for better apartments

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Original article by Nick Lenaghan
The Australian Financial Review – Page: 32 : 15-Aug-16

Victoria’s Planning Minister Richard Wynne has revealed new draft standards for apartments. The proposed rules include minimum standards for ventilation and access to natural daylight, with all habitable rooms in an apartment required to have at least one window. However, Wynne has ruled out imposing minimum sizes for apartments, which has been welcomed by Asher Judah of the Property Council of Australia.

CORPORATES
VICTORIA. DEPT OF ENVIRONMENT, LAND, WATER AND PLANNING, PROPERTY COUNCIL OF AUSTRALIA LIMITED, LEND LEASE GROUP LIMITED – ASX LLC, GROCON PTY LTD

Melbourne ‘not oversupplied’

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Original article by Su-Lin Tan
The Australian Financial Review – Page: 33 : 24-Jun-16

Asian Pacific Group CEO Will Deague claims that there is no oversupply of apartments in Melbourne, and in fact not enough apartments are being built in the Victorian capital. Asian Pacific Group’s Melbourne developments include the Whitehorse Towers apartment project in Box Hill and the Collins House project in the CBD. The latter is a joint project with another developer.

CORPORATES
ASIAN PACIFIC GROUP PTY LTD, FAR EAST CONSORTIUM HOLDINGS (AUSTRALIA) PTY LTD, PONTIAC LAND GROUP

Cbus, Brookfield team up in $150m apartment plan

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Original article by Nick Lenaghan
The Australian Financial Review – Page: 33 : 23-Nov-15

Cbus Property and Brookfield Property Partners will undertake two upmarket apartment projects in the inner-city suburb of East Melbourne. The projects comprise an 11-storey apartment building at 178 Wellington Parade and the conversion of Mosspennoch House at 22 Clarendon Street into six apartments. A seven-storey apartment building will also be developed on the latter site.

CORPORATES
CBUS PROPERTY PTY LTD, BROOKFIELD PROPERTY PARTNERS LP, ACCOR ASIA PACIFIC, PULLMAN ON THE PARK, BATES SMART ARCHITECTS PTY LTD, THAKRAL HOLDINGS GROUP, HILTON HOTELS CORPORATION