Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

[smartcode_project:default project_id=148957 project_image_fid=364102]

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Joel Robinson

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" 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%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" 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/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

&nbsp;

Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

Property developer One Living, backed by former Macquarie banker turned investment manager Chris Green’s investment firm, has unveiled plans to bring more institutional capital into housing to help address the national supply crisis.

The New York-based investor has focused his firm, GreenPoint Partners, on addressing the supply shortage hitting middle market housing in Australia.

It is backing the new One Living business to develop more than 1000 units along the eastern seaboard. The new firm is starting with a development on Mona Vale Road, on the border of Mona Vale and Pymble, in Sydney’s Northern Beaches, with around 140 apartments planned. They are eyeing off more sites across the city.

With cost pressures rising in the industry, One Living’s model is to be a vertically integrated developer-builder, so it can respond directly to the housing gap by removing the cost inefficiencies embedded in traditional residential delivery.

“We are building a platform designed to operate at scale and starting in a market where there’s a clear need for quality, attainable housing,” One Living joint managing director Joseph Scuderi said.

“It’s that missing middle – it’s that attainable end of housing… that’s what most Australians invest into and what Australians can actually afford.”

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="798dfa93-4941-4db6-a696-31e9dc18e81c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.31.50%E2%80%AFPM.png?VersionId=mKBqi5C_DmeiXS.AtJkcR8LQIxqCqmFi" />

GreenPoint Partners brings years of experience assembling and scaling real estate operating businesses across major markets. And Green sees a big opportunity in Australia.

“For its size, sophistication and importance to the community, Australia’s living sector has remained largely under-institutionalised, which represents significant opportunity,” Green said. “GreenPoint identified that gap, assembled the right team, and is backing One Living to build a platform that is aligned to market needs.”

Green said being a builder-developer would give the company the capacity and flexibility it required to deliver reasonably-priced homes.

“We want it to be at that attainable level; not super high end luxury but at that attainable level,” he said.

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="74a5344a-4b26-4d4a-ada3-056b1220be77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.32.15%E2%80%AFPM.png?VersionId=vY8hXHO4reBMdO8ZXMWCNtGZJofUPQ3j" />

&nbsp;

One Living will undertake a component of affordable housing in its schemes, which it will own and operate, and it could also run build-to-rent on some sites.

Green praised local policy settings.

“The NSW government is being very supportive, strategic and pragmatic in terms of how do we generate more supply of housing,” he said. “We think it’s actually positive for development and the bit that’s been lacking at that attainable level is that it’s lots of relatively small private developers, whereas we want to create an institutional platform.”

One Living is also&nbsp;looking at high-density projects and could take on more institutional funding in the future.

“The way we will be able to achieve economies of scale is through size,” Green added.

One Living enters Sydney's new apartment market with Northern Beaches site acquisition

It's been several years since there's been an opportunity to buy a brand new townhome in Melbourne's coastal suburb of Mordialloc. Even apartment developments in recent times have been few and far between in the area.

Local developer LDS Property identified the gap in new housing, securing a site on White Street, directly opposite&nbsp;Woodlands Golf Club Mordialloc. They've recently launched&nbsp;<a href="https://www.apartments.com.au/new-townhouses/wm-residences-mordialloc-102-white-street-mordialloc-vic-3195">WM Residences</a>, just 13 townhouses which they have already started building.

Projects by Buxton Director Heath Thompson, who is selling WM Residences, says the townhouses x that perfect middle ground be

"Mordialloc residents have had limited options to downsize within the suburb, often forcing them to look elsewhere despite long-standing ties to the area," Thompson says.

"With very little comparable new supply coming to market, projects like WM Residences are well placed, particularly as buyers look to capitalise on current conditions amid constrained supply."

[smartcode_project:default project_id=134646 project_image_fid=6109]

The development, designed by regarded architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a>,&nbsp;adopts a deliberately restrained architectural approach, focusing on simplicity, durability and liveability rather than overt design gestures.

The boutique scale is central to the offering. With only 13 three-bedroom residences, each home is configured to prioritise functional layouts and everyday use, supported by private terraces and secure two-car garages.

Ewert Leaf’s design response leans into a calm, neutral material palette. Interiors are defined by oak flooring, white walls and soft finishes, creating a consistent and understated backdrop. The approach avoids trend-driven detailing in favour of longevity, with an emphasis on natural light and spatial clarity.

[smartcode_project:default project_id=134646 project_image_fid=6110]

Beyond aesthetics, the homes are designed to meet contemporary performance expectations. Each residence targets a minimum 6-star energy rating, incorporating double glazing, comprehensive insulation and all-electric Bosch appliances.

The project’s location supports a walkable coastal lifestyle, sitting within close proximity to Mordialloc’s foreshore, Main Street retail strip and the train station. Local cafés and dining venues, including Suburbia Deli and Hendriks Café, are within a short walk, reinforcing the area’s established neighbourhood character.

[smartcode_project:default project_id=134646 project_image_fid=6116]

While <a href="https://www.apartments.com.au/developments/mordialloc-vic-3195">Mordialloc</a> is often defined by its beach and pier, the project taps into other areas of day to day living, offering easy access to local food, casual dining and transport, rather than positioning itself purely as a lifestyle retreat.

WM Residences reflects a continued trend across Melbourne’s coastal suburbs towards smaller-scale, design-led townhouse developments, particularly on infill sites where proximity to amenity is already established.

With construction commenced prior to its market entry, the project aligns with a growing preference among buyers for developments with visible progress and defined delivery timeframes.

[smartcode_project_cta:default project_id=134646]

WM Residences fills gap in Mordialloc townhouse market

Greaton

<html><body>
Greaton has announced its appointment of a new construction contractor at The Ribbon hotel project in Sydney’s Darling Harbour.

Probuild, will take over construction on the 25-storey project from its previous contractors Grocon.

Greaton advised it ensured “continuity of the build” towards its Q2 2022 completion date.

[smartcode_project:default project_id=7758]

The building will include a five-star W Hotel, including 450 guestrooms and 143 suites, and will reintroduce an IMAX Theatre.

<img alt="" height="666" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/darling_harbour_ribbon_hotel_2.jpg" width="1200">

With $2 billion worth of development projects in the pipeline, Greaton’s portfolio includes property landmarks spanning hotel, residential and commercial developments. 

The company’s flagship project in Sydney’s Darling Harbour, The Ribbon, will incorporate a 25-storey hotel development and new premises for Sydney’s IMAX theatre. 

Greaton’s projects elsewhere in Sydney include Oxford Central in the new Epping Town Centre, with the 251-apartment development, designed by Marchese Partners.

It is expected to be completed and fully settled in Q1 2020. 

Probuild’s national pipeline of projects worth $5 billion and an annual turnover of more than $2 billion is currently delivering Greenland Australia’s Greenland Centre in Sydney.
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Greaton advised it ensured “continuity of the build” towards its Q2 2022 completion date.

jchancellor

Probuild take over construction of The Ribbon hotel project in Sydney’s Darling Harbour from Grocon

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The City of Onkaparinga has officially given property developer Greaton the green light to commence construction on their new 10-building luxury resort in McLaren Vale, 38 kilometres south of Adelaide. The development is a partnership between Greaton and sustainable wine purveyors Wirra Wirra, with plans to build a 33-key resort, situated amongst the Wirra Wirra vineyards.

Recent data from the South Australian Tourism Commission found that there were only 3% of overnight visitors to the Fleurieu Peninsula between 2018 to 2019, many of which were intrastate visitors. Greaton decided to embark on this ambitious project to drive an uplift in international tourism within the Fleurieu Peninsula region. 

<blockquote>
"This year, expenditure is forecast to increase to $509M*, so while growth in this market is expected, we are confident this resort will go some way to further increasing international visitation once completed. In addition, to further increase the appeal to overseas visitors, we are currently negotiating with an international wellness-oriented resort operator that runs some of the most renowned resorts and hotels around the world – we hope to be in a position to announce this partnership soon."
</blockquote>

Nicho Teng, Greaton Managing Director

*from $476 million between 2018-2019.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/wirra_wirra_walkway_view.jpg" rel="gallery-all" title="Image supplied."><img alt="" class="image-article-full-width-580px" height="253" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/wirra_wirra_walkway_view.jpg?itok=LIjeo4iy" title="Image supplied." width="580"></a>

<figcaption>Image supplied.</figcaption></figure>Wirra Wirra Managing Director, Andrew Kay, explains that the winery staff often hear from inbound tourism operators about the lack of premium accommodation offerings in the Fleurieu Peninsula region. 

<blockquote>
"We presented our hotel concept to potential suppliers at the 2019 Australian Tourism Exchange in Adelaide, and the response was overwhelmingly positive. They would book tomorrow if they could."
</blockquote>

Kay believes that the 5-star development will add significant value to the Peninsula and drive international awareness of the area. 

Blink Design Group has designed the approved plans for the spa resort, which also includes an infinity pool, function hall and the restoration of a heritage building, which previously belonged to the winery founder Robert Wigley.

<blockquote>
"The building is quite derelict, and the development provides the opportunity to give it a purposeful role into the future." 
</blockquote>

Andrew Kay, Wirra Wirra Managing Director

The heritage building is set to become a bookable luxury bridal suite once restorative works are complete. 

Construction is slated to begin in November this year, with completion anticipated for 2022. 
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Olivia Round

Approval granted for a luxury 5-star resort project in Adelaide

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Greaton has acquired Queensland's Keswick Island, as the group continues to diversify its portfolio from apartments to hotel resorts.
It reported it was recently listed with adjusted $20 million hopes.
The transfer of the lease over Keswick Island from Edward Dawson-Damer to Sydney-based Chinese investors Greaton has received State Govenmemnt sign off.
In 2016 Keswick Island, a Great Barrier Reef island, was on the market with $30 million hopes.
Keswick Developments, owned by the Dawson-Damer family, was hopeful of attracting Chinese tourism interests. 
Keswick Developments is dieted by Edward Dawson-Damer, a former equerry to Queen Elizabeth.
Captain James Cook charted Keswick on his maiden voyage, but since the hilly island -- home to an extinct volcano -- has been sparsely occupier with only about 20 houses and permanent residents.
Cars are banned, with residents travelling by golf buggy on the island.
Keswick Developments obtained the head lease eight years ago after the previous owner, Peter Marshall, spent 20 years attempting to develop the island.
The new owner will have a 117-hectare development lease with the Queensland government until 2096.
The rest of the 517 hectare island is national park. 
The purchase will also give the buyer a 25-hectare seabed lease for a 180-berth marina and deep water jetty.
The mixed-use zoning on the sub-tropical island can accommodate 1000 dwellings and 3000 people. 
The island, 32 kilometres off the coast of Mackay, already has a sealed airstrip, 150 subdivided lots, and preliminary key infrastructure for ongoing development.
The local paper wrote Whitsunday MP Jason Costigan said he was aware of a number of ­issues on Keswick Island, and he hoped that the lease transfer would be “the start of an exciting new era”.
Costigan said it was a shame that many of the southern Whitsunday islands, including Keswick, St Bees and Brampton islands, had been underdeveloped in terms of their tourism potential.
Linc Energy founder Peter Bond has recently commenced a formal campaign to sell Dunk Island off Mission Beach on the Great Barrier Reef with expectations around $20 million.
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j.ballantyne1990-6AQqhLzZaK

Greaton buys Queensland's Keswick Island

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<a href="/buildings/oxford-central-30-42-oxford-street-epping">Oxford Central</a>, a multi-residential development in Sydney’s north-western suburb of Epping has officially ‘topped out’, reaching its maximum height on schedule and within the timeframe of 11 months.

Developers Greaton, Ceerose Construction and industry representatives celebrated the milestone at the summit of the 17-storey double tower complex yesterday while enjoying panoramic views of the CBD, greater Sydney and the Blue Mountains.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/oi7uvmzi.jpeg" rel="gallery-all" title="Topping out ceremony at Oxford Central. Credit: Greaton"><img alt="" class="image-article-full-width-580px" height="401" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/oi7uvmzi.jpeg?itok=JEQSBXwH" title="Topping out ceremony at Oxford Central. Credit: Greaton" width="580"></a>

<figcaption>Topping out ceremony at Oxford Central. Credit: Greaton</figcaption></figure>The 252 premium apartments sit atop a recycled brick podium, fusing modern design with the rich cultural heritage of the Epping neighbourhood.

<blockquote>
“Using high-quality design and sustainable construction, our goal is to create exceptional places, and it’s our belief that Oxford Central achieves this objective.”

- Nicho Teng, Greaton Managing Director
</blockquote>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/oxford-central_v02_herolookup-final-5000-1.jpg" rel="gallery-all" title="Oxford Central. Credit: Ceerose"><img alt="" class="image-article-full-width-580px" height="577" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/oxford-central_v02_herolookup-final-5000-1.jpg?itok=4fK3qD1U" title="Oxford Central. Credit: Ceerose" width="580"></a>

<figcaption>Oxford Central. Credit: Ceerose</figcaption></figure>Over the the course of the 11 month construction period, there were 250 construction workers on site each day, with 15,000 cubic metres of concrete and 1,500 tonnes of steel used to create the structural frame of the two towers – named Centrale and Vista.

<blockquote>
“Ceerose has been a strong partner throughout this project and they’ve shared our vision from the outset… their professionalism and high-quality building standards have ensured we’ve reached this milestone with a minimum of fuss and right on schedule.”

- Nicho Teng, Greaton Managing Director
</blockquote>

Designed by award-winning architectural firm Marchese Partners, the apartment complex features 292 car spaces, an open-air café, on-site BBQ and pet-friendly areas, a member only health and fitness track and lush outdoor zones designed by Taylor Brammer Landscape Architects. Indoor features include floor to ceiling sliding doors, large five burner cooktops, Caesarstone benchtops and Miele appliances.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/3_6.jpg" rel="gallery-all" title="Oxford Central kitchen. Credit: Ceerose"><img alt="" class="image-article-full-width-580px" height="410" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/3_6.jpg?itok=jLT3EhoX" title="Oxford Central kitchen. Credit: Ceerose" width="580"></a>

<figcaption>Oxford Central kitchen. Credit: Ceerose</figcaption></figure>Oxford Central's <a href="/new-apartments/sydney-nsw">Sydney apartments</a> will be completed ahead of the proposed Epping town centre redevelopment by the NSW government.

Currently, 245 of the development’s 251 apartments have already sold. Interested in securing one? <a href="/buildings/oxford-central-30-42-oxford-street-epping">Enquire here</a>.
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Greaton’s Oxford Central in Sydney reaches its peak

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Adelaide's General Post Office development scored a shot in the arm today with a hotel operator confirmed for project.

Marriott International Group will assume operating rights over the $200 million hotel development which is backed by developer Greaton. Overlooking Victoria Square, the Westin-branded outlet which is set to open during 2022 will include 285 rooms and in turn create 250 ongoing jobs upon its completion.

Westin's arrival follows on from Greaton's move to rework the development during April, applying for the right to deliver Adelaide's first five-star hotel. Approval was granted during May, subject to a number of conditions.

Hassell has undertaken design duties for the 16-level hotel which will see the existing General Post Office building refashioned to include retail spaces and associated hotel uses.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/image7_22.jpg" rel="gallery-all" title="Westin Adelaide. Images: Greaton"><img alt="" class="image-article-full-width-580px" height="239" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image7_22.jpg?itok=vZcr53hX" title="Westin Adelaide. Images: Greaton" width="580"></a>

<figcaption>Westin Adelaide. Images: Hassell</figcaption></figure><h2>What they say</h2>

<blockquote>
We are thrilled to partner with Marriott International to deliver a five-star wellness experience to the city of Adelaide. The ground floor will have a first class restaurant, a long bar and conference facilities.

This will be a true hotel and not mixed use. I am proud of South Australia and my contribution here and this will go ahead.
<cite>Greaton managing director Nicho Teng</cite>
</blockquote>

<blockquote>
We're delighted to collaborate with our longstanding partner Greaton to expand the Westin brand in South Australia. The brand is enjoying phenomenal growth across Australia, where it has developed a loyal following thanks to its unique positioning around wellness.
<cite>Richard Crawford, senior director development, Australia, New Zealand and Pacific at Marriott International</cite>
</blockquote>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/image1_12.jpg" rel="gallery-all" title="The General Post Office precinct. Image: Charter Hall"><img alt="" class="image-article-full-width-580px" height="892" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image1_12.jpg?itok=gPgY3_7X" title="The General Post Office precinct. Image: Charter Hall" width="580"></a>

<figcaption>The General Post Office precinct. Image: Charter Hall</figcaption></figure>Westin is not the first major signing for the wider General Post Office precinct.

BHP announced during April that it would relocate its Adelaide operations to a new $250 million office complex adjacent to the Westin site. Backed by Charter Hall, the GPO Exchange Building is another key plank in the development of the General Post Office precinct.

The mining company is slated to take 10,000 square metres, taking the tower's committed Net Lettable Area to beyond 90%. Contractor Built has the office tower's jump form above ground owing to its abbreviated delivery window, whilst the Westin hotel's 2022 targeted completion leaves it with additional breathing room in terms of a construction start.
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Westin signs into Adelaide's General Post Office precinct

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Property developer Greaton has won the Deal of the Year award in the over $100 million transaction category for The Ribbon in Sydney's Darling Harbour at Hotels World 2017.
Greaton beat Novotel Melbourne On Collins, Travelodge Docklands, Intercontinental Sydney Double Bay, Hilton Melbourne South Wharf, W Melbourne and a portfolio of 15 Ibis Hotels to take the award.
Nicho Teng, Greaton managing director said it is a significant honour for Greaton to be awarded this accolade for The Ribbon.
"We are a very new player in the Australian hotel market, but intend to build our presence with several significant acquisitions over the next few decades," he said.
"The Ribbon will set a new benchmark for luxury hotels in Sydney and become a destination of choice by both locals and international tourists.
“The IMAX theatre site in Darling Harbour is one of Sydney’s most famous tourist areas.
"It was only fitting that one of Australia’s best hotels is positioned on this site.” 
John Smith, HotelsWorld Australia CEO said Greaton was against a strong field of major deals but was a stand-out.
"The Ribbon is an amazing transaction due to its unique nature, location and scale, all within what promises to be a timeless modern architectural masterpiece," he said.
"It is an important addition to the hotel market in Sydney, which needs more luxury hotels to meet burgeoning demand from local and overseas markets.”
The Ribbon features a 25 storey luxury hotel and the return of the IMAX theatre. 
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Greaton wins Deal of the Year award for The Ribbon, Darling Harbour

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Developer Greaton has begun construction work on the $260 million Oxford Central residential and commercial development in Sydney's Epping.
Situated at 30 - 42 Oxford Street, Oxford Central comprises 252 luxurious apartments spread across two 17 storey towers, 292 car spaces and 625 sq m of retail on the ground level.
A two storey heritage building located on the site will also be retained and is part of the retail precinct.
An open air café area and public plaza will feature alongside the Heritage building which fronts the development and will be accessible to the public.
Greaton managing director Nicho Teng said this is a significant milestone for the business.
"Oxford Central is Greaton’s first major mixed use project in Sydney and marks the beginning of a very long journey to deliver community focused, quality lifestyle precincts," he said.
“We have hand-picked international award-winning builders and architects - Ceerose and Marchese Partners to ensure Oxford Central becomes an iconic structure on Epping’s skyline.
"Local purchasers have embraced the opportunity to be part of this landmark project.
“Sydney’s horizon is scattered with many cranes.
"We look forward to adding our cranes to the skyline as well as helping create hundreds of jobs for local contractors.
"The Sydney property market is very busy.
"We expect to announce new acquisitions in the near future which will further add to Sydney’s construction activity.”
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/06/30/_DSC4151.jpg" alt="">
Edward Doueihi, Managing Director of Ceerose said after six months of pre-planning, Ceerose’s site team are keen to commence site activities.
"The team looks forward to working with Greaton to deliver this landmark project,” he said.
Oxford Central is expected to be completed early 2019.
For further information visit <a href="https://www.oxfordcentral.com.au" target="_blank">www.oxfordcentral.com.au</a>
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Construction starts on Greaton's Oxford Central

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Major construction work has commenced on the first phase of West Franklin, an urban regeneration project located in the West End part of Adelaide’s CBD.
The work is being carried out by Built Environs, who were awarded the $90 million contract earlier this year by global property development company Greaton. Hundreds of construction jobs will be generated during stage one, with over seventy subcontracting firms employed.
Situated on the corner of Franklin, Elizabeth and Morphett Streets, the new West Franklin precinct comprises 560 apartments and penthouses spread across four towers.
Residential facilities include a 20 metre wet edge lap pool, gym, spa, sauna, resident dining and lounge rooms, sky park with BBQ facilities and landscaped gardens, resident cinema, golf simulator and roof top bar showcasing views of Adelaide CBD, the ocean and Adelaide Hills.
“Greaton is helping stimulate the Adelaide economy by bringing this landmark project to life and creating hundreds of local jobs. West Franklin is located in an area that has been dormant for many years. The sheer size of this project will help activate this entire precinct,” commented Nicho Teng, managing director of Greaton.
“We are creating a new affordable urban lifestyle in West End that has never been seen before. West Franklin is expected to become an iconic lifestyle destination that the West End community will be very proud to call home,” he said.
West Franklin apartments have been pitched at the affordable luxury market to appeal to a broad cross section of purchasers, with over 70 per cent of stage one already sold. Local Adelaide architects Brown Falconer were chosen to lead the exterior design and interior fit-out.
Due to be completed early 2019, the first stage of West Franklin features 272 residential apartments spread across two towers. They both share a common podium comprising 1,100 sqm of retail on the ground level, resident facilities and car parking.
“The commencement of work on site is an important milestone for both Greaton and Built Environs,” added Daryl Young, Built Environs managing director.
“After the design finalisation phase and procurement of our key sub contracts it is exciting to see action on site,” he said.
For more information, <a href="https://www.westfranklin.com.au" target="_blank">click here</a>.
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