Around 400 additional homes could be built at Southwark Grounds on Port Road, lifting total site capacity from 1300 to around 1700 dwellings.

A recently approved code amendment would allow apartment towers of up to 14 storeys in some areas of Renewal SA’s redevelopment of the former West End Brewery.

Renewal SA Acting Chief Executive Shane Wingard said he welcomed the code amendment, with the increase in heights and homes making a positive impact on the supply of high-quality, well-connected housing close to the city.

“By going higher across some parts of Southwark Grounds, we are adding a substantial number of very well-located homes with little impact on project delivery time or planned open space,” Mr Wingard said.

Since the project officially launched in 2025, Mr Wingard said more than 12,000 enquiries had been received about living at Southwark Grounds.

“The very strong early interest we’ve seen since homes were first released in the precinct reinforces our plans to create more housing opportunities,” he said.

The Southwark Grounds code amendment was launched in December last year, with community engagement undertaken over five weeks from January.

It proposed increasing maximum building heights from eight to 14 storeys on the eastern section of Southwark Grounds, and to 12 storeys across the remainder of the site, with minimum building heights ranging from two to four storeys.

The code amendment was implemented through an Early Commencement policy in late January, allowing developers to quickly explore the viability of increased height and housing yield while other planning processes continue.

One of the first developers delivering apartment sites have already finalised redesigns to increase the number of apartments following the code amendment.

Samaras’ development adjacent to the future Colonel Light Park is now planning to deliver 125 apartments across 11 storeys, significantly greater than original plans of around 50 apartments across four storeys.

The developer is also exploring the potential for additional affordable housing outcomes.

Most of the apartments at Southwark Grounds will be delivered within a master-planned precinct on a large parcel of land on the eastern portion of the site, covering around two-thirds of its 8.4 hectares.

Wingard said detailed precinct planning over the coming months may identify further opportunities to increase yield further that could see total apartment numbers at Southwark Grounds, exceed this number.

Affordable homes at Southwark Grounds will also see a net increase, with Renewal SA maintaining its commitment to a minimum of 20 per cent affordable housing across the development.

&nbsp;

&nbsp;

Civil works have begun across the site, with construction under way on the first new roads surrounding a townhouse precinct in the south‑west corner of Southwark Grounds. This includes Renewal SA’s 17 Founder’s Row homes, which are on track for completion by Christmas.

“We expect to have people living at Southwark Grounds by the end of the year, so delivering roads and public spaces for those residents is among our highest priorities.”

Construction of 40 townhouses off Anderson Street, known as West Village and being delivered by Contour, is forecast to begin in mid‑2026. Kolabb’s Anderson Lane development will follow shortly after, delivering a further 26 townhouses.

Southwark Grounds is a state government‑led urban renewal project now set to deliver around 1,700 homes over the next decade.

Homes will be supported by a supermarket, a range of retail and hospitality offerings anchored by a revitalised Walkerville Brew Tower, a childcare centre, car parking and well‑connected public spaces.

Joel Robinson

400 new homes planned for Adelaide's former West End Brewery site

Brisbane developer&nbsp;<a href="https://www.apartments.com.au/developers/cavcorp">Cavcorp</a> has lodged plans for a new mixed-use residential development at <a href="https://www.apartments.com.au/new-apartments/55-wyandra-street-teneriffe-qld-4005">55 Wyandra Street</a>, Teneriffe, anchored by an 85-metre public laneway designed to reconnect the suburb’s riverfront with the Gasworks precinct.

The buildings, known as Teneriffe House and Teneriffe Lane, would replace the existing Queensland Cotton head office site with a 15-storey residential tower transitioning to eight storeys toward Helen Street. The project has been designed by Plazibat Architects and lodged as a code assessable development application for 93 apartments across a 3,401 sqm mixed-use site within the Newstead and Teneriffe Waterfront neighbourhood plan.

Central to the scheme is the transformation of an existing service easement into a publicly accessible cross-block connection linking Wyandra and Helen Streets. Cavcorp says the new laneway will act as both a pedestrian shortcut and a landscaped civic space between the Teneriffe Riverwalk, ferry terminal, and Gasworks precinct.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="26e7f058-b065-4de8-b13d-a2b8cb64dfcc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/bldg.png?VersionId=sELS0ZKYi361oYipUa1BIKfe_.DLZoFV" />

“The revised proposal delivers a legacy public-realm cross-block link, permanently secured for community use, transforming an existing private easement into a safe, high-quality pedestrian connection between the Teneriffe heritage riverwalk and the Gasworks–Long Island precinct,” the planning report states.

The laneway will sit beneath a large subtropical loggia integrated into the podium levels of the development. The design incorporates deep landscaping, water gardens, lobby spaces, business lounges, and ground-floor apartments to create what Cavcorp describes as a climate-responsive “urban verandah.”

The tower itself has been designed as a slender form with recessed floorplates and curved translucent corners inspired by contemporary Japanese architecture. The building height aligns with the Commercial Road precinct controls, which permit towers up to 15 storeys within proximity to Longland Street.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="a8a17d40-43b6-4718-b3fd-67676fcbb485" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pers%202_1.png?VersionId=i3VwDtp5AmL_8InW7w4qRbDFEpb744Jt" />

The project will comprise a mix of larger-format apartments aimed at owner-occupiers, downsizers, and families. The proposed apartment mix includes 11 loggia apartments across the lower levels, 50 four-bedroom Sky-Terrace apartments from levels three to seven, and 32 Sky-Pool Homes occupying the upper tower levels. The Sky-Pool Homes will feature private thermal plunge pools integrated into oversized balconies.

According to the application, the apartments are intended to reinterpret the scale and character of Teneriffe’s woolstore conversions and Queensland homes within a vertical residential format.

“The sky-pool homes build on Cavcorp’s previous projects and introduce a distinct apartment typology to Teneriffe, informed by both local and international precedent and responding to an identified market demand for enhanced safety, space and amenity,” the planning submission notes.

A major focus of the proposal is its five-level wellness and lifestyle offering, extending from the basement through to the rooftop.

Amenities proposed include a rooftop Swim &amp; Racquet Club with a 25-metre Olympic lap pool and tennis court, coworking spaces and libraries, golf simulators, wine storage, concierge facilities, business lounges, pet wash areas, and rooftop longevity-focused wellness spaces with spas, outdoor fitness zones, and landscaped terraces.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="944b352c-49b9-4247-a4c6-5967b4b69fda" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/amenity.png?VersionId=Ed_qKjAtMwFT.5gfl3jiA9QwdWxSMsaX" />

All parking will be concealed within basement levels accessed from Wyandra and Helen Streets. Cavcorp says the deep-basement engineering approach allows the entire ground plane to prioritise landscaping, pedestrian movement, and active frontage rather than vehicle infrastructure.

The development continues Cavcorp’s concentration in Newstead and Teneriffe, where the Brisbane developer has delivered a number of apartment projects including Lucent, Le Bain, and Luminare, as well as the Long Island Wellness Precinct nearby. Several of those projects have received national design and architecture awards, including recognition under Brisbane’s “Buildings that Breathe” program.

Cavcorp unveils wellness-focused Teneriffe House and Teneriffe Lane apartment buildings

Focus Group Investments has lodged plans for a new apartment development at <a href="https://www.apartments.com.au/new-apartments/64-70-hanover-street-fitzroy-vic-3065">64–70 Hanover Street</a> in Fitzroy, seeking to utilise the Victorian Government’s recently introduced Great Design Fast Track pathway to accelerate approvals for the project.

The proposal is among the latest developments to emerge through the state-led initiative, which was established to fast-track well-designed residential projects in activity centres and transport-connected inner-city locations. The pathway allows qualifying developments that meet elevated design and housing benchmarks to bypass traditional council planning timeframes and instead be assessed directly by the Department of Transport and Planning.

Designed by SJB, the development will comprise a mix of apartments above activated lower levels, with a strong focus on architectural articulation, landscaping, and communal amenity. The design response seeks to balance the industrial character of Richmond’s former warehouse precincts with a more contemporary residential form.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="abea51cc-d85b-479e-9aef-a589f3b37ca7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ground.png?VersionId=e1Kf8EyPWwyiVumtqQ4rM5S4GpOR3CCz" />

Proposed are 63 new dwellings, a wide ranging mix of studio, one-, two-, and three-bedroom apartments, and townhouses and duplexes. They will be spread across a part-three, part-eight storey building.

The Planning and Urban Context Report by Tract says the development is of an "exemplary architectural standard" and has been carefully crafted by SJB Architects.

"Dwellings&nbsp;will benefit from excellent access to natural light, cross-ventilation opportunities and extensive communal space," the report noted.

The architectural material highlights the project’s integration of landscaped elements and communal spaces throughout the building. The proposal also incorporates sustainability initiatives aligned with the Victorian Government’s push for higher-performing apartment developments under the fast-track program.

The Great Design Fast Track was unveiled by the Victorian Government in 2024 as part of a broader housing supply strategy aimed at accelerating the delivery of new homes. Projects assessed through the pathway must demonstrate high-quality architecture, sustainability outcomes, and housing diversity while being located close to public transport and existing infrastructure.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="afdbe834-8dc4-4a77-a943-ba07bc927348" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/site_11.png?VersionId=0J657j.TaChAZfp93wqJYBTqSsnREJx2" />

Focus Group, founder and led by Paul De Lutiis, is increasingly active across Melbourne’s inner suburbs, targeting well-connected urban renewal locations suited to medium and higher-density residential development. The Fitzroy proposal continues that strategy, leveraging the area’s strong transport links, established retail amenity, and proximity to the CBD.

Fitzroy has been one of the most popular spots for developers and buyers in recent years. The likes of PACE Development Group, SMA Projects, Crema Group and Chapter Group, currently selling projects in the suburb.

First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Fitzroy apartments

The Gold Coast Planning Committee has supported the preliminary approval for the Benowa Gardens Urban Village project following an extensive community consultation and assessment process.

The proposal will now proceed to a full council vote on June 2.

The application sought approval for a masterplanned urban village on the existing Benowa Gardens Shopping Centre site, combining new housing, retail, dining, health and lifestyle amenities within a walkable, integrated precinct.&nbsp;

The proposed redevelopment includes around 413 apartments integrated above a revitalised mixed-use centre featuring a full-line supermarket of 4,000 sqm, 6,000 sqm of specialty retail and dining space across around 30 retailers, a 7,000 sqm health and wellness precinct, and roughly 9,630 sqm of office and medical suites.&nbsp;

<img alt="$1b Benowa Gardens Urban Village moves to Full Council following Planning Committee support" data-entity-type="file" data-entity-uuid="fb36ae47-80bc-45f0-9914-31b0c7b6007d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/PR26576%20Ashmore%20Road%20C4%201121%20FI.jpg?VersionId=6mRKk2uU4r67TmTt39DKGUlvFRbTVqWa" />

The broader masterplan also includes very significant traffic and transport improvements, wide pedestrian walkways, upgraded pedestrian and cycle connections, and enhanced public areas designed to create a more connected and walkable community environment.&nbsp;

Centre owner Patrick Lu said the milestone reflected months of detailed planning, technical assessment and ongoing communication with local residents, businesses, schools and stakeholders.

“We appreciate the time, consideration and care Council officers and the Planning Committee have given this proposal throughout the assessment process,” Lu said.

“We also sincerely thank the local community for engaging with us, sharing feedback and participating in the consultation process over many months.

<img alt="$1b Benowa Gardens Urban Village moves to Full Council following Planning Committee support" data-entity-type="file" data-entity-uuid="32fd1fc3-d0e6-485f-ac57-9916c9bcb818" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/PR26576%20Ashmore%20Road%20C5%201121%20FI_2.jpg?VersionId=fz8qQKDBLQ7MyFRc856Zccfbh9nFwLOe" />

“We understand projects of this scale bring questions and concerns, which is why we have worked hard to listen carefully, provide information transparently and continue refining elements of the proposal where possible.

“Our vision has always been to create a well-designed, community-focused urban village that responds to the changing needs of the Gold Coast, while delivering improved amenity, housing diversity, healthcare access and local lifestyle benefits.

“This proposal is about creating a genuine live-work-play environment where residents can access everyday services, schools, healthcare, dining, shopping and green space within walking distance, while also supporting local jobs and economic activity.”

<img alt="$1b Benowa Gardens Urban Village moves to Full Council following Planning Committee support" data-entity-type="file" data-entity-uuid="50dfbd04-590e-4fc6-983b-766880947867" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Dining%20Day%20Time%20-%20High%20Resolution.jpg?VersionId=BP7ZoKJ0DdL_8iRkkC8VVx99moICV6kg" />

Lu said the proposal had evolved significantly through consultation and technical review, particularly around traffic, pedestrian and student safety and neighbourhood connectivity.&nbsp;

Melissa Griffin, Director at Urbis, said the recommendation recognised the strategic importance of delivering more housing and services within established urban areas already supported by infrastructure.

“This proposal represents the type of thoughtful, integrated growth that planning frameworks across South-East Queensland are encouraging,” Ms Griffin said.

“The project seeks to place housing, retail, healthcare and employment opportunities together in a highly accessible location close to schools, transport and existing services.

“Importantly, the process has involved significant technical assessment and community engagement to ensure local issues and feedback were properly considered throughout the planning pathway.”

$1 billion Benowa Gardens Urban Village heads to council vote following Planning Committee support

Surfers Paradise is officially set for its first new residential development with a 45-storey skybridge connecting the two towers.

John Camilleri’s Celestino Developments has been given the green light by the Gold Coast City Council to develop its major beachfront precinct across its huge 4,000 sqm oceanfront site at <a href="https://www.apartments.com.au/new-apartments/63-79-garfield-terrace-surfers-paradise-qld-4217">63–79 Garfield Terrace</a>, just five months after its <a href="https://www.apartments.com.au/news/qld/first-look-exclusive-billionaire-winx-breeder-s-bold-two-tower-surfers-paradise-play-with-45th-storey-skybridge">submission in late 2025</a>.

The approved scheme will deliver two towers rising 55 and 48 storeys, connected by a skybridge positioned on level 45 that will house a range of resident-only wellness and entertainment spaces.

In its notice of approval, the Gold Coast City Council said the&nbsp;proposed overall built form has been designed to complement the scale, intensity and protect the adjacent amenity and surrounding streets through the use of varied setbacks, site cover and architectural elements.

<img alt="First look exclusive: Billionaire Winx breeder’s bold two-tower Surfers Paradise play with 45th-storey skybridge" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-30%20at%209.53.48%E2%80%AFAM.png?VersionId=ADyPJ_TFbJvSU9wZFOiCBnlPtgF7VWqW" />

Designed by <a href="https://www.apartments.com.au/architects/dbi">DBI</a>, the development will comprise 275 apartments across the two towers, including a mix of two-, three-, and four-bedroom residences, as well as several penthouses. The apartments will sit above a landscaped podium featuring more than 90 metres of beachfront pool frontage, private resident lawns, lounges, and wellness spaces.

DBI said the design draws heavily from the movement and form of the coastal environment, with curving balcony lines and sculpted façades intended to soften the scale of the towers while maximising ocean outlooks and passive shading outcomes.

“The project occupies a rare, uninterrupted oceanfront site and has been shaped by a design philosophy that merges architectural elegance with environmental responsiveness and a carefully curated lifestyle experience,” DBI said in planning documents submitted to the Gold Coast City Council.

The most distinctive element of the approved project is the skybridge linking the two towers at level 45. The elevated communal space is planned to include executive lounges, formal dining areas, wellness facilities, and panoramic ocean-facing outlooks.

“The skybridge enhances the identity of the development, promotes social interaction, and delivers a lifestyle experience not found elsewhere on the Gold Coast,” DBI said.

At podium level, residents will have access to a suite of resort-style amenities, including resident lounges, private dining rooms, a yoga lawn, gymnasium, plunge pools, and treatment spaces. The beachfront pool has been designed with separate lap, lounge, and children’s areas extending across the width of the site.

The project will also introduce new food and beverage offerings along the Enderley Avenue and Oceanway frontages, contributing additional activation to the beachfront precinct.

First look: Winx billionaire’s beachfront Surfers Paradise apartment development greenlit

Prominent New Zealand apartment and hotel operator, <a href="/developers/safari-group">Safari Group</a>, is offering up a prime investment opportunity for Australians to purchase off the plan in one of the world’s most popular ski destinations.

They recently took to market Mountain Oak Queenstown Apartments, in the growing precinct of Remarkables Park in Frankton, near the airport and at the foot of The Remarkables - the mountain range the locals like to call “The Remarks”.&nbsp;

Sydney investors have shown interest in the one, two and three-bedroom apartments that secure high-season occupancy six months over the year, primarily over summer and winter months.

They average 90 per cent occupancy across their portfolio over January, February, March, August, November and December, while shoulder season months of April, July, September and October are still occupied 70 per cent of the time, with the growing appeal of Queenstown becoming not just a hotspot for the snow, but a lifestyle destination.

Even in the low seasons of May and June, occupancy levels reach around 40 per cent.

<img alt="Safari Group’s Mountain Oak Apartments brings new investment potential to Queenstown" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Ext_Cam15_Sunny.jpg?VersionId=SJAROUM_1s.Tr5ciMk4EEj5oAt_Vewmv" />

Safari’s Safari Hotels arm can also manage the holiday letting for an investor, from the listing on holiday accommodation websites such as Airbnb and Booking.com to the cleaning and maintenance of the investment. They’ve been in the short stay management business for 15 years and offer 24/7 support for investors, an important convenience benefit for any overseas investor

Another major drawcard for Australians is that New Zealand doesn’t have a stamp duty policy - so the entry price of NZ$639,000 (AU$586,000), is all that is payable on completion.

<img alt="Safari Group’s Mountain Oak Apartments brings new investment potential to Queenstown" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/313_Livingv2_WEB.jpg?VersionId=nV229fM0ZeYpoxOrX372HyGjfwY_LR8c" />

Safari is starting construction of the 141 apartments in Q2 this year, with a two-year build estimated to complete in mid-to-late 2027.<img alt="" data-entity-type="" data-entity-uuid="" height="15" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXczFpFAb7WuA6f4f9TtKWcqXyNwR8qqtakWv352ERkpqNlP3KwIo8YKxw67jZNHfpjEGIZGv5MQTbnvLZwNt8iu9IVdOrswOjCvBZ4zhSoOOLrpt6etVEZTN1gkBho0r_R72zdHNA?key=yq3daOanqHSb88QFd8jGYKdb" title="Click and drag to move" width="15" />​

The apartments will feature modern amenities and contemporary designs with expansive windows capturing sweeping views of The Remarkables mountain range.&nbsp;

Interiors are equipped with modern finishes, premium appliances, and secure electronic key-locked doors, ensuring a comfortable living experience for residents and guests alike.

With its strategic location near Coronet Peak and Cardrona Alpine Resort, as well as key retail and dining precincts such as Market Street, Five Mile Shopping Centre, and Remarkables Market, Mountain Oak offers a strong proposition for investors seeking high rental yields and capital appreciation in one of New Zealand’s most sought-after locations.&nbsp;

Queenstown’s sustained demand for visitor accommodation and rental properties is underpinned by a shortage of housing options, attracting both local and international buyers.

Safari Group offers low-touch investment proposition in Queenstown’s popular ski fields district

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The Bank of Queensland (BOQ), expects this month’s relocation of its national headquarters to 100 Skyring at Newstead’s Gasworks precinct will further support the organisation’s operational and cultural transformation.
BOQ has taken five floors at the $175 million, A-Grade, 12-storey building, which will be home to around 960 employees.
The bank has also secured the naming rights for100 Skyring.
The new headquarters at 100 Skyring has a five-floor atrium stair space.
Located within the new Gasworks precinct at Newstead which is home to Energex, Leighton Contractors, Bechtel, Virgin, AECOM, Macquarie Bank and Australian Agricultural Company, and will soon be home to the national headquarters of Tatts Group.
Charter Hall Regional Asset Manager, Belinda Kalinin said 100 Skyring offers improved amenity and campus-style opportunities on the Brisbane fringe which has major appeal for organisations looking to renew themselves in a contemporary and innovative business environment. 
“With easy access to the City Cat, City Glider, ferries, train stations and bike paths as well as retail, cafes, bars and shopping, the precinct offers a variety of quality choice in a vibrant location, only 1.7km from the CBD,” she added.
The building, which reached practical completion three months ahead of schedule in August  this year, has received a 5 Star Green Star – Office Design v3 rating, and is targeting a 4.5 Star NABERS Energy rating.
BOQ will be joined by fellow tenants including Redchip Lawyers and Konica Minolta, leaving over 35% or 8,000 square metres of contiguous office space available for lease on the top four levels of the building. 
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Five floor atrium stair space at BOQs new headquarters

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Susan Lloyd-Hurwitz, chief executive and managing director of ASX listed developer Mirvac, took out the Private &amp; Corporate Award at the Telstra Australian Business Women's Awards.
But she wasn't the only housing sector boss to win at the awards. The other was Andrea Galloway, the chief executive of Evolve Housing, a community housing provider which has provided accommodation for 9,500 people who have experienced homelessness or housing stress.
Galloway received a joint award for Business Innovation. The award recognized Evolve Housing's "Journey Home" program, which supports the progression from social housing to supported home ownership via affordable housing and private rentals.
The program aims to help provide stability for communities, improving health and employment outcomes through the provision of secure housing.
"In leading a community housing provider and operating within a sector of uncertainty, one of my key roles is to constantly seek to elevate the needs and issues around homelessness and housing stress and the obstacles faced by not-for-profits in addressing these needs," said Galloway.
In her acceptance speech, she noted that over 105,000 Australians, including 16,000 children do not have a home.
"I passionately believe that everyone has a right to a home," she said.
She told the audience at the awards she had left home at the age of 16 due to personal circumstances and raised the systemic failures contributing to homelessness.
"The current system does not do enough to change the lives of people it does serve. We need an innovative system that provides people with a safety net when they need it.
"We need to give them a pathway to independence in cases where that is a realistic goal.
"This cannot be delivered by government alone, and requires strong partnerships to deliver outcomes around housing affordability, across the entire spectrum, whether it's relating to disability, social, affordable, or even shared equity arrangements."
Lloyd-Hurwitz has been the chief executive of Mirvac, where she is spearheading a growth strategy, since 2012. This year, Mirvac expects to release 2,700 apartments onto the market.
In her acceptance speech, Lloyd-Hurwitz likened careers to spiders' webs, rather than ladders: "Everybody here's got a different journey. You can go up it, round it, through it – down and up again. And there's plenty of room from others on the spider web, as opposed to the ladder."
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jrichardson-uRX5hFdKfN

Two very different housing chiefs win at 2014 Telstra Australian Business Women's Awards

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Online Australian retailers are increasingly seeing the value of greeting their customers face-to-face, choosing to turn their hands to running bricks-and-mortar stores.
While bricks-and-mortar retailers are often urged to improve their online offerings, the likes of Groupon Australia and online <a href="https://www.smartcompany.com.au/smartcompany-awards-2014/827-smartcompany-awards-2014/43755-7-hard-to-find" target="_blank">homewares boutique HardToFind</a> are using the Christmas period to experiment with physical pop-up shops.
Daily deals site Groupon Australia quietly opened its first Australian pop-up three weeks ago, offering shoppers in Surry Hills 70% off 20 products, which they can either purchase in store, or order online and pick up in person.
Groupon Australia chief executive Alistair Venn said this morning the retailer wanted to ensure the pop-up shop was “running perfectly” before officially launching the concept this week.
“It’s really ramping up now that we are fully into the Christmas period,” Venn says.
So far the feedback has been positive, with Venn saying Groupon is seeing both existing and new customers venturing in store. A spinning prize wheel, and special “Sydney pick up deals” on the Groupon website, offer extra incentives.
Venn says, of the Groupon customers that have purchased one of the 20 stocked products online, 47% have opted to “click and collect” – one of the most popular items to date is a 3 metre-wide deck umbrella – which is a “much higher ratio than we expected”.
“We foresee it will get even higher as we get closer to Christmas,” he says.
“The key is to provide customers with whatever solutions they need at the time they need them.”
Catering to Groupon customers who want to “click and collect” is the primary motivation for opening a physical store, says Venn, but introducing Groupon to new customers is also part of the strategy.
Venn says the concept will appeal to new customers who want to purchase physical goods from Groupon, as well as those who are interested in Groupon’s “experience” vouchers for things like holidays and beauty treatments.
Sydney is home to the largest share of Groupon’s four million members so it was an obvious choice for the site’s first physical store, says Venn. But the company is open to launching pop-up outlets in other cities during the festive season, as well as having a “physical presence all year round”.
“The peak of the benefit will still be in the peak season in the run up to Christmas,” he says.
Another online retailer trialling a Christmas pop-up shop is online homewares boutique HardToFind. The HardtoFind bricks-and-mortar store popped up at The Rocks in Sydney’s CBD last Thursday.
Erica Stewart, co-founder of HardToFind, said the shop has so far been embraced by Sydney shoppers.
“We’ve been open for one weekend and we had a steady flow of people through,” Stewart says.
“We had a lot of great comments about the products, lots of people took home the catalogues or shopped from the iPad stations we set up.”
The HardToFind pop-up shop is open between Thursday and Sunday for the next two weeks, with Stewart and co-founder <a href="https://www.smartcompany.com.au/finance/44120-diary-of-an-entrepreneur-how-trudi-jenkins-found-fashionable-success-with-hard-to-find">Trudi Jenkins</a> hoping to “make the most of weekend traffic and the market activity in the area”.
“For us it’s a way to bring the brand to life,” Stewart says of the decision to venture into bricks-and-mortar retailing.
“It’s the idea of new retail or showrooming, customers can come in and browse and then order in store. We have iPads in store and we printed out 5000 glossy catalogues for the pop-up store. All the products in store are listed in the catalogue so people can order products they have seen from the comfort of their own home.”
This is the first time HardToFind has experimented with a physical store and Stewart says if the pop-up shop is successful, the retailer will consider a more permanent physical presence. At the very least, Stewart says she “would love to roll [the pop-up shop] out to other states”.
While Stewart admits the shop’s fitout was “costly” because the HardToFind team “wanted to do a good job”, she says there are “great rental deals” to be found in Sydney at this time of the year thanks to an abundance of vacant storefronts.
“There is also a bit of a pop-up movement at The Rocks,” she says.
Like Groupon, HardToFind is also running promotions in conjunction with the pop-up shop, including offering shoppers free frozen yoghurt.
“Omni-channel is still a big buzz word in the ecommerce space, customers want something a bit different or experiential,” Stewart says.
“It’s about offering that little bit extra, something a bit different.”
This article first appeared on <a href="https://www.smartcompany.com.au/" target="_blank">SmartCompany</a>.
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ekeating-PWvazjYE25

Online retailers turn to Christmas pop-up shops in bid to cash in on “new retail”

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Legal services firm CBP Lawyers has signed a new lease to occupy the entire 35th floor of Waterfront Place at 1 Eagle Street, Brisbane.
The firm will be relocating to the 1,867 square metres of riverfront property on an eight and a half year lease.
CBP Lawyers, a law firm with a 110 year history and well established offices in Melbourne and Sydney, recently merged with Brisbane firm Hemming + Hart. 
The deal was negotiated by Amanda Foggo and Mark McCann of office leasing at Colliers International, in conjunction with colleague Chris Orr, director of tenant representation.
CBP'S lease for the entire 35th floor was on a deal struck between $825 per square metre and $850 per square metre with market incentives.
The landmark 40 storey office tower Waterfront Place has also attracted St. George Bank which will relocate to an 1,800 square metre office in 2015. 
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Brisbane's Waterfront Place attracts CBP Lawyers tenancy

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The boutique Italian designer retailer Maliparmi, has committed to a new lease in Melbourne CBD‘s prime fashion precinct in a deal negotiated by Savills Australia.
The 146 Little Collins Street lease comprises a ground floor retail area of 50 square metres leased on a three year term at circa $2,200 a square metre per annum net. 
Savills Australia retail director, Michael Di Carlo said the tenant had expanded its business to take on a CBD location following the success of its existing store in Malvern.
"Little Collins Street is now regarded as prime real estate for fashion and innovative creations which appeal to those looking for somewhat distinctive and diverse fashion products," Di Carlo said.
A private offshore investor paid $2.48 million for a 34 square-metre strata titled shop on Little Collins Street recently on a net yield of 3.9%. 
The shop was leased to British clothing brand Fred Perry till 2017.
It sold through Oliver Hay and Daniel Wolman of Colliers International.
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Maliparmi takes on Little Collins Street retail lease

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Melbourne based private developer the Keo Group has sold a seven level office and retail building in Melbourne’s CBD to a local investor for around $13.7 million on a 6.76% yield in a sale brokered by Savills Australia.
It was one of 20 CBD buildings Savills have sold since March 2014, for a total of more than $250 million
The developer, Mark Keo undertook a refurbishment of the building in 2010 and added an additional level on the rooftop of the 1912 building, known as the Melbourne Steamship Company building.
It is one of a few remaining examples of the  Edwardian Baroque commercial style.
The building comprises 564 square metres of retail space over three - basement, ground and mezzanine levels plus five floors of office totalling 1,224 square metres.
The 1788 square metre building was sold 98% leased to 11 tenants, with a fully leased net income of $926,117 per annum.
The building occupies a 361 square metre site zoned Capital City 1.
Savills’ Divisional Director, Nick Peden, who brokered the deal with head of city sales and investments, Clinton Baxter, said the marketing campaign for the 27-31 King Street property generated more than 100 recorded enquiries.
Baxter said the rate per square metre of building area of $7,656 was a very strong result.
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Keo Group net $13.7 million in Savills Melbourne sale

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Lend Lease has announced Italian food and wine emporium Mercato e Cucina will open at its Barangaroo South development. 
The 700 square metre store will open in early 2016. The store will be run by the brother and sister team Vanessa and Robert Martin, who made their reputation at their Gladesville outlet.
It will be on the new harbourside eat street precinct which will include Gelato Messina and Bourke Street Bakery.
Their genuine Italian hospitality serves up home-style ‘Nonna-worthy’ meals prepared by the head chef Vanessa Martin.
The venue will be inclusive of a panini bar, a walk through cellar, a fresh produce section, delicatessen, bakery and patisserie.
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Mercato e Cucina to open at Barangaroo South

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NAME: Robert da Silva<img src="/images/2014/12/03/Robert-da-Silva-profile.png" alt="" style="float: right;">
POSITION: Head of research, fixed income and alternatives
COMPANY: SQM Research
OFFICE LOCATION: Level 1, 9 Castlereagh Street Sydney
<ul>
<li>How long have you been in the industry?</li>
</ul>
I have been in the funds management industry since 1984, so 30 years.
<ul>
<li>What's happening in the area you specialise in?</li>
</ul>
Fixed income is my current focus - the challenge in that area for funds is how to protect the downside from interest rate rises (when they eventually come) and maintaining income distributions at reasonable levels in a low interest rate environment.
<ul>
<li>Describe the most interesting commercial property you have worked on?</li>
</ul>
I haven't had a direct involvement in commercial property.
<ul>
<li>What are the ingredients to being successful in your job?</li>
</ul>
Extensive knowledge of the markets, keeping up to date on economic and market developments, attention to detail, an ability to communicate well and interact with clients/ fund managers.
<ul>
<li>What aspects of your role do you enjoy the most?</li>
</ul>
Meeting and interacting with the best fund managers in the business, across a wide range of markets, asset classes and investment styles.
<ul>
<li>Where would you invest a spare $750,000?</li>
</ul>
Mainly in defensive assets, cash, absolute return fixed income, defensive alternatives that have some downside mitigation and a smattering of the riskier elements small cap stocks and emerging markets equities. Would keep an eye on commodities as well.
<ul>
<li>Which football team do you support?</li>
</ul>
South Sydney Rabbitohs
<ul>
<li>What's your favourite app or techno gadget?</li>
</ul>
The usual suspects from Apple - iPhone, iPad, iPod.
<ul>
<li>How do you use social media?</li>
</ul>
<a href="https://www.propertyobserver.com.au/https://au.linkedin.com/pub/rob-da-silva/21/598/149" target="_blank">LinkedIn </a>for professional reasons, outside of that not really much of a user (yet).
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In profile: SQM Research's head of research, fixed income and alternatives, Robert da Silva

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Sydney pub patriarch Arthur Laundy has snapped up Noosa’s iconic Sheraton Spa and Resort on Hastings Street for around $110 million, partnering with the Sydney-based liquor king turned property investor Theo Karedis in acquiring the 176-suite resort.
Valad Property Group sold its ­Sheraton Noosa resort at one of the highest price per room rates achieved in Australia through McVay Real Estate.
Managing partner Sam McVay said the passing income of the property was about $6.6 million, putting the yield at about 6%, according to The Australian Financial Review. 
The reported price represents a rate of $615,000 per room. 
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The buying syndicate expects tourism on Queensland’s Sunshine Coast is set to grow.
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