Daily Blockbrief – 25 February 2013

24/02/2013 8:04 pm



BLOCKBRIEF - 25 February, 2013

 

Auction Season Kicks Off On A High Note

Top Stories

Home auction clearance rates topped 70 per cent and best sales exceeded $5 million for both Melbourne and Sydney at the weekend, a big improvement on this time last year and a reflection of the better mood in the market more

Becton Property Group is teetering on the brink of collapse as its new lending consortium, led by Goldman Sachs, holds out on granting vital debt waivers more

London's Nine Elms, future site of the U.S. Embassy, begins to shake off rust; penthouses at the power plant more

According to a new article in Vanity Fair, Google is planning to launch a second campus neighboring its current Googleplex in Mountain View, California more

 

Outlets Lead Real Estate Stories

AFR - Hot Property Deals Can Quickly Go Cold

WSJ - A Diplomatic Breakthrough

The Age Domain - The Fix Is In

The Australian - Fears For Becton Property's Future As It Holds Debt Talks With Banker

Blockbrief Blog - Sydney's Highest Apartment Tower Development Site For Sale