Daily Blockbrief – 8 February 2013

07/02/2013 9:04 pm

BLOCKBRIEF - 8 February, 2013

Mirvac To Ditch Under-Performing Development Projects

Top Stories

Listed developer and investor Mirvac Group has made a $273.2 million write-down, as new chief executive Susan Lloyd-Hurwitz takes the knife to the group’s underperforming residential developments more

In its latest effort to increase transparency and efficiency in the construction process, the NY Department of Buildings today announced the debut of a smartphone app, which will allow users to search DOB databases for the histories of 975,000 city buildings. The app, which comes free of charge, operates on iPhone and Android platforms more

WORTH an estimated $4.4 billion, developer Harry Triguboff, is poised to spend $100 million buying a large site at an undisclosed location and has confirmed his interest in acquiring the Canterbury Park Racecourse, should Sydney's powerful metropolitan race clubs, the Australian Jockey Club and the Sydney Turf Club, put it on the market more

The market for initial public offerings by real estate companies was hot in 2012. Companies like the real estate website Trulia, the private equity firm the Carlyle Group and Realogy — the largest residential brokerage franchiser in the world and the owner of the Corcoran Group and Citi Habitats — all made headlines by issuing blockbuster IPOs more

With the release of the RP Data-Rismark Home Value Index results earlier this month, updated information on median selling prices of homes over the three months to January 2013 was also released.  This data revealed that the gap between selling prices of houses and units reached a record high over the first month of year more



Lend Lease Feels Heat From Barangaroo

Mega Project Fever Revisits QLD

Cloud Over Stockland Guidance

Best Home Renovation Projects For 2013

Land Sales In China's 10 Big Cities Almost Triple In January



2013 Houses Awards Entires Now Open

Design Professionals Offered Opportunity To Be Involved In Future Of Bondi

Two JAGs Heightens Confusion & Tempers

Airbnb Advocates For Dwelling Law Amendments

Mayor Of Strathfield Moves To Resist State Government's Amalgamation Push

Hurstville Development Determinations In January


Outlets Lead Real Estate Stories

AFR - A Property Recovery Is Happening - Well, At Least For Some

SMH Domain - Smart Buys

Daily Telegraph Real Estate - Sydney World's 3rd Most Expensive City

Property Observer - How To Use Social Media To Market Your Residential Development

Inman - Closing Delays Costly When Buying New Home

The Real Deal - NYC Remains Bargain Among Top World Cities