Cbus Property has secured a $1 billion-plus development opportunity in the heart of the Melbourne CBD, buying out neighbouring properties after their Singaporean owners put aside a lengthy property dispute.
Today, Thursday March 1st 2018, Cbus Property held the official Sod Turning Ceremony to mark the commencement of construction for it master-plan development, Newmarket Randwick.
Cbus Property has appointed Sydney-based Ganellen as the builder of the first stage of its masterplanned Newmarket Randwick, a redevelopment of the historic former Inglis Newmarket Stables site.
One of Australia’s most awarded and trusted national developers, Cbus Property, has appointed Ganellen as the builder of the first stage of its brand new master-planned neighbourhood – Newmarket Randwick – set to reinvigorate the popular Sydney suburb.
FALLING prices are expected to push an avalanche of homes onto the market in the first half of the year turning Sydney from an extreme seller’s market to a buyer’s one, housing experts claim.
The success of stage one at Newmarket Randwick has encouraged developer Cbus Property to fast-track the next release of apartments at the popular Eastern Suburbs masterplanned community.
Restaurateur Ronnie Di Stasio, who is heralded with contributing to the city's cafe laneway culture when he co-established the popular Rosati's in 1985, is returning to the Melbourne CBD after a hiatus of more than two decades.
Brookfield and its joint-venture partner Cbus Property have sold out a $162 million upmarket residential project in East Melbourne as local downsizers amalgamated some of the apartments into larger units.
Super fund property developer Cbus Property has posted an outsized 24.3 per cent total return in the past year after completing major office and residential projects in Melbourne and Brisbane.
The Green Building Council of Australia partnered with New York-based WELL Building Institute earlier this year on providing WELL certification in Australia.