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Articles from Moving & Building

Cabramatta site under the hammer

Image originally from Realcommercial.com.au

A razed and vacant residential development site in Cabramatta, New South Wales, has been sold at auction.

GHD win Adelaide competition

GHD has won the Community Ideas Competition for the redesign of Victoria Square in the heart of Adelaide.

Redevelopment slated for Kippa-Ring Village

Consolidated Properties has announced an $80 million redevelopment of Woolworths-based Kippa-Ring Village shopping centre in Queensland's Redcliffe Peninsula.

Expanding Empire in Brisbane

Expressions of interest have already been placed for 80% of the 104 residences, which are to offer residents a five-star lifestyle previously only offered at the world’s top hotels.

The development of Empire Square has taken another step forward with the official release of its luxury residential component, The Residences at The Westin Brisbane.

Bovis awarded redevelopment contract

Image taken from www.charlestownsquare.com.au

Bovis Lend Lease has been awarded a $344 million contract for the redevelopment and expansion of the GPT Group’s Charlestown Square in Charlestown, New South Wales.

VET reform to avoid skills crunch

Although trades availability were found by the report to have improved marginally over the quarter as high interest rates strangled building activity, all thirteen trades surveyed remained in short supply in all regions.

The latest HIA and Austral Bricks trades report confirms that labour shortages are persisting despite failing activity, suggesting urgent reform is required in the vocational education and training system.

Breakfast with 39 Hunter Street

The morning began with the GBCA welcoming attendees to the event, and praising the success of the Kador Group for the work that has gone into 39 Hunter Street, while also highlighting that the last Sydney Breakfast with the Stars showcased 88 George Street, a heritage building which achieved a 5 star rating.

The Green Building Council of Australian hosted an event focusing on 39 Hunter Street, the first heritage building in Australia to achieve a six green star rating, and what can be learnt from the project.

Pull down and build up

Davis Langdon’s Brisbane director, Malcolm Butcher, said the cost of demolition is an issue that many developers and building owners will have to consider as the city centre evolves over the coming decade.

National property and construction consultants, Davis Langdon, has stated that Brisbane is entering a period where there will be significant demolition activity in the inner city area to make way for new and larger buildings.

Bowen set to break records

Chinese aluminum company Chalco has signed a Memorandum of Understanding with the Queensland Government for a feasibility study into a $2.2 billion alumina refinery at Bowen’s Abbott Point, after previous consideration for the project to be located at Townsville or Gladstone.

Bowen Collinsville Enterprise has forecast continued growth for Bowen’s property market following a recent announcement naming the region as the leading candidate for Queensland’s largest single investment in history.

Queensland building approvals down

On a seasonally adjusted basis, total building approvals were given as falling by 6.5%, more than reversing a 5.4% rise the previous month, with the number of detached house approvals easing by 0.5%, while the more volatile multi-unit segment went down by 18.8%.

Building approvals fell in May, the third fall in the five months worth of updates for 2008 according to the Housing Industry Association.

New home sales fall further

HIA’s New Home Sales Report for the month of May showed a fall of 5% in the sale of houses and units among Australia’s largest builders and developers, with detached house sales falling by 5.3% following a 0.2% decline in April and multi-unit sales falling by 2.4%, the reverse of a 2.4% rise the previous month.

New home sales fell in May following a steady month in April, according to a new report that has been released by the Housing Industry Association.

Strong growth in rural Victoria

Helped by strong growth in the rural sector, Victoria’s building industry is continuing to record high levels of building permit activity, according to the Building Commission.

Double site sells in Plympton

The 3,753 sqm combined site, at Lot 21 Errington Street and 47 Mooringe Avenue, sold for $1.47 million to an investor.The 3,753 sqm combined site, at Lot 21 Errington Street and 47 Mooringe Avenue, sold for $1.47 million to an investor.

A large residential development site in Plympton, South Australia, has sold at an auction conducted by Knight Frank.

Waste an issue for construction industry

Davis Langdon managing director, Mark Beattie, said that the establishment in Australia of the Green Star environmental rating standards for building design had thrown an increased focus on waste minimisation and recycling of waste materials.

With countries such as Britain setting targets to halve the level of construction waste over the next four years, Australian construction firms are facing mounting pressure to follow suit.

Builder broking to shake market

According to Buildchoice, builder brokerage is an emerging concept within the construction industry, with the potential to impact finance broking produced for the property financing scene.