Roberts Co has entered a new phase of growth following its acquisition by Arada, one of the world’s fastest-growing property developers in Australia.

The acquisition is supported by a $50 million capital injection into Roberts Co’s Australian balance sheet, consisting of the previously announced $25 million recapitalisation and an additional $25 million in new funding from Arada.

This investment strengthens Roberts Co’s financial position, stabilises operations, and provides the foundation for strategic expansion beyond its New South Wales base, with a focus on new opportunities in Queensland, including the Brisbane and Gold Coast regions.

With Arada’s international resources and financial backing, Roberts Co will broaden its portfolio across residential, commercial, and infrastructure sectors, reinforcing its strong market position in New South Wales and setting itself to capture growth in one of Australia’s most dynamic construction markets.

Ahmed Alkhoshaibi, Group CEO of Arada, said Roberts Co has a proud Australian heritage, an outstanding delivery record, and a strong reputation for collaboration with clients and partners.

"By combining this expertise with Arada’s global scale and financial capacity, we are creating a platform for sustained growth in the Australian market,"&nbsp;Alkhoshaibi said.

“Our $50 million capital injection, including new funds from Arada, underlines our commitment to both stabilise and expand Roberts Co’s operations, particularly into the fast-growing Queensland market. We see significant potential in South-East Queensland’s pipeline and are confident Roberts Co is well placed to deliver lasting value for clients and communities.”

George Kostas, CEO of Roberts Co, said Queensland, and particularly South-East Queensland, is one of the most active and opportunity-rich regions in Australia right now.

"The lead-up to the Brisbane 2032 Olympic Games will bring unprecedented investment across housing, transport, and infrastructure. Roberts Co is eager to play a major role in that transformation and secure a meaningful share of this fast-growing market.”

Joel Robinson

Arada pours more funds into Roberts Co, flags expansion into South East Queensland construction market

<a href="https://www.apartments.com.au/developments/hurstville-nsw-2220">Hurstville</a> has quietly become one of Sydney’s most resilient property markets. Supported by strong transport links, infrastructure investment and a growing multicultural community, the St George hub continues to outperform much of the metropolitan market for both capital and rental returns.

According to Positus Property Investment, Hurstville now ranks among Sydney’s top performers for yield consistency, underpinned by population growth of nearly five per cent since 2021 and persistently low vacancy rates.&nbsp;

Limited new supply is tightening the market further - new dwelling approvals have fallen from close to 600 to under 200 in FY25, a structural shortfall that’s placing upward pressure on rents and resale values.

[smartcode_project:default project_id=149850 project_image_fid=278]

As one of the final residential stages in the Kempt Field precinct anchored by Woolworths, <a href="https://www.apartments.com.au/developers/the-one-collection">The One Collection</a>'s <a href="https://www.apartments.com.au/new-apartments/horizon-hurstville-6-jack-brabham-drive-hurstville-nsw-2220">Horizon</a> represents a rare opportunity to buy into a location experiencing both infrastructure-led growth and constrained supply&nbsp;- now made even more compelling with a limited-time five per cent deposit and matching rebate incentive.

Positus notes that the suburb’s combination of “relative affordability, low vacancy, and rising population” is creating a recipe for continued rental growth and capital appreciation. Weekly rents are increasing faster than strata and outgoings, with two-bedroom apartments seeing the deepest tenant demand - supporting healthy yield margins even after costs.

[smartcode_project:default project_id=149850 project_image_fid=281]

Horizon prices begin from $668,000, with one, two, and three-bedroom apartments offering flexible entry points for investors.&nbsp;

The project’s location, a short walk to Hurstville Station, Westfield, and an upcoming dining laneway, St Clair Lane, underscores its liquidity and day-to-day convenience.&nbsp;

A 19-minute express train connects residents to the Sydney CBD, while arterial upgrades such as the M6 and WestConnex further enhance connectivity.

[smartcode_project:default project_id=149850 project_image_fid=275]

Designed by <a href="https://www.apartments.com.au/architects/dko-architecture">DKO Architecture</a>, Horizon’s soft, organic façade mirrors the parkland of Kempt Field, while interiors prioritise light, durability, and smart functionality.&nbsp;

Each home features Smeg appliances, smart home automation, and generous balconies overlooking the bay and skyline.&nbsp;

Amenities include a gym, sauna, games room, meditation deck, and landscaped courtyards, with wellness and social spaces designed to foster community.

[smartcode_project:default project_id=149850 project_image_fid=279]

From an investment perspective, Horizon offers what Positus describes as a “value and income sweet spot.” At an average entry price around $745,000 and yields near five per cent, Hurstville units remain roughly $200,000 below comparable inner-west suburbs, allowing investors to capture metro proximity without inner-city risk exposure.

Horizon will deliver 179 one, two, and three-bedroom apartments above St Clair Lane.&nbsp;<a href="https://www.apartments.com.au/builders/masscon">Masscon</a> is on site moving its way up the building, which is scheduled for completion in late 2026, with move-in expected shortly after.

One Collection is currently offering a five per cent deposit incentive for a limited time.

[smartcode_project_cta:default project_id=149850]

Staff Writer

The One Collection opens new investment window at Horizon Hurstville with limited-time incentives

The Gold Coast has cemented its position as one of Australia's hottest construction markets, with crane numbers reaching a record 67 in Q3 2025, the highest count since tracking began.

The latest Rider Levett Bucknall (RLB) Crane Index shows the region at 447 points, also a record, with activity surging 110 per cent over the past three years as population growth and investor confidence drive unprecedented development activity.

Residential construction dominates the skyline almost entirely, accounting for 95.5 per cent of all cranes across the Gold Coast. Of the 67 cranes currently operating, 64 are dedicated to residential and mixed-use apartment projects. 21 new cranes were added in Q3 2025 alone, with major developments spanning Surfers Paradise, Main Beach, Broadbeach, Mermaid Beach and Southport reflecting sustained confidence across the coastal corridor.

[smartcode_project:default project_id=108747 project_image_fid=318625]

The construction boom aligns with exceptional apartment market performance. Gold Coast unit prices reached $950,000 in September 2025 according to the latest Ray White Now Monthly, delivering robust 8.6 per cent annual growth and 0.6 per cent monthly appreciation.

This significantly outperforms the national apartment market average of 6.9 per cent and positions the Gold Coast as Australia's most expensive apartment market, trending ahead of Sydney. This highlights the premium investors and owner-occupiers place on the region's lifestyle amenity.

The scale of residential development reflects both build-to-sell apartment projects targeting owner-occupiers and investors, alongside emerging build-to-rent developments as institutional capital increasingly targets the Gold Coast. Population growth continues driving demand, with the region attracting interstate migrants seeking lifestyle amenity and professionals relocating from southern capitals to embrace coastal living while maintaining career opportunities.

[smartcode_project:default project_id=112941 project_image_fid=216014]

Project activity spans multiple price points and buyer demographics. Premium waterfront developments in Main Beach and Broadbeach command the highest values and attract downsizers alongside investors, while projects in Varsity Lakes and growth suburbs target first home buyers seeking more affordable entry points into the Gold Coast market. The concentration of cranes along established precincts with beach access reflects where buyer demand remains strongest.

Notably absent from the Gold Coast's construction pipeline is commercial office development, with zero commercial cranes currently operating. The only non-residential activity comprises aged care and education. This underscores the Gold Coast's evolution as a residential growth market rather than a CBD destination, with the regional economy built around tourism, construction, lifestyle services and residential property rather than traditional office demand.

The sustained construction pipeline through Q3 2025 suggests apartment completions will remain elevated through 2026, providing necessary supply for the growing population. With development activity at record levels and strong price growth supporting feasibility, the Gold Coast apartment market continues delivering solid returns for developers and investors navigating Australia's shifting property landscape.

Gold Coast construction hits record high as apartment market delivers strong returns

<a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Group</a> is has officially launched its next residential project, the $240 million Symphony in South Brisbane. It marks&nbsp;the group’s entry into the Brisbane market as it expands the Flourish brand to deliver design-forward, fairly priced homes in an undersupplied market.&nbsp;

With 25 out of 138 apartments priced under $1 million, <a href="https://www.apartments.com.au/new-apartments/symphony-south-brisbane-21-23-cordelia-street-south-brisbane-qld-4101">Symphony</a> is expected to attract first home buyers, with Sherpa reserving all one-bedroom and two-bedroom, one-bathroom apartments under $1 million for owner-occupiers and first-home buyers.&nbsp;

Sherpa CEO Christie Leet, said the project is a strategic move to deliver attainable housing in connected, culturally vibrant neighbourhoods, with locals prioritised.&nbsp;

“Our aim with Flourish has always been to help the community,” said Leet.

“That’s why we have chosen to release Symphony to locals first, reserving a portion of apartments for owner-occupiers and first-home buyers to give them a genuine chance to get their foot in the door.”

[smartcode_project:default project_id=7574 project_image_fid=3770]

Located at 21-23 Cordelia Street, <a href="https://www.apartments.com.au/developments/south-brisbane-qld-4101">South Brisbane</a>, Symphony will feature a collection of 138 high-quality apartments, offering spacious one, two and three-bedroom layouts, with prices starting from $655,000.

“It’s no secret that affordability remains a huge issue in today’s market, and many people are simply being priced out,” Leet added.

“We at Sherpa see it as our responsibility to bring well-designed, fairly priced homes to market – that’s what we stand for.”

[smartcode_project:default project_id=7574 project_image_fid=353548]

Residents will have access to a resident rooftop with offers over 1,400 sqm of premium resort-style amenities across two levels. These include a wellness centre with a steam room, sauna, hot and cold plunge pools, a heated pool, as well as pool deck cabanas, private outdoor barbecues, a private dining room, a fully equipped gym, and a yoga room, all with views of the Brisbane skyline and Mt Coot-tha.

Sherpa has also hired a full-time concierge service to assist buyers with the off the plan process, from construction updates, hard hat tours, to showing and helping residents use their appliances once they have moved in.&nbsp;

[smartcode_project:default project_id=7574 project_image_fid=5155]

“Every amenity at Flourish has been designed to help foster a sense of community,” said Danial Clarke, Development and Financial Manager of Sherpa Group.&nbsp;

“The rooftop will be a sanctuary from the city, a place where residents can connect, relax, and ultimately flourish.”

Positioned at the junction of South Bank, West End, and Fish Lane, Symphony offers exceptional walkability to QPAC, galleries, riverside parklands, the CBD, major universities, hospitals, and transport hubs.

Sherpa has already appointed LPS Group to build Symphony. The duo are working together on Sherpa's Palm Beach portfolio.

[smartcode_project_cta:default project_id=7574]

Sherpa officially launches Symphony South Brisbane

Bronte Group has received planning approval for Miru, a new 46-townhouse development in Denman Prospect.

Occupying a prominent 6,869 sqm ridgeline site across Holborow Avenue and Goedecke Street, <a href="https://www.apartments.com.au/new-apartments/miru-holborow-avenue-denman-prospect-act-2611">Miru</a> will comprise four architecturally unified buildings ranging between two and three storeys. The townhouses are arranged to maximise views of the Molonglo Valley to the east and Stromlo’s bushland to the west, offering residents a rare dual outlook.

There will be 30 two-bedroom and 16 three-bedroom townhouses, with seven different floorplan layouts.

“The townhouses are carefully arranged to harmonize with the landscape, grouped into four subtly distinct yet cohesive blocks,” the Development Outcomes Report prepared by Planit Strategic notes.

"Each block of townhouses is designed to maximise views… while ensuring access to natural cross-ventilation and daylight”.

<img alt="Bisa secures approval for Miru, a 46-townhouse project atop Denman Prospect ridge" data-entity-type="file" data-entity-uuid="91d3f5b1-6fbf-4da1-be41-b5aa9596d233" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Miru%20front.png?VersionId=K5Dhr0.4iMvji9swNnBv1Exuj8PKCay7" />

A standout element of the design is the integration of landscaping and open space. All homes will have private courtyards, while residents and visitors will benefit from extensive communal landscaping and dedicated visitor parking. A key pedestrian corridor running east to west will link public open space and enhance site permeability.

&nbsp;

The site is zoned RZ5 and sits within the newly developed Denman Prospect estate. While currently vacant, the area forms part of a broader plan for high-quality residential infill in the Molonglo Valley. The project’s scale and low-rise format ensure a measured transition to the adjacent lower-density housing, with generous setbacks and minimal overshadowing.

&nbsp;

Miru will be the fifth development by <a href="https://www.apartments.com.au/developers/bronte-group">Bronte Group</a> in Denman Prospect in recent years. They completed&nbsp;Symmetry, 83 townhouses down the road in 2022, as well as Solai, and Aberconway Rise. They are currently selling Central Park, a mix of apartments and townhouses in the suburb around 15km west of the capital.

Bronte Group secures approval for Miru, Denman Prospect townhouse development

Ascot Green

Having sold out the first two residential stages of their Ascot Green development flanking the Eagle Park Racecourse in Brisbane, the ASX-listed developer Mirvac has lodged plans for its third stage.

The third, subtropical-inspired apartment block will rise 14 levels with 111 apartments and a rooftop with panoramic city and track views. That will also feature a private dining room and lounge areas.

It will home the community&#39;s first four-bedroom apartments, as well as four integrated terraces with direct access to green open space fronting the racecourse.

The ground level will feature a gym and resort-style pool overlooking the racecourse.

Mirvac Head of Residential Stuart Penklis said the developer was already taking registrations of interest, including from purchasers who missed out on securing their place in Tulloch House (pictured below.)

[smartcode_project:default project_id=27704 project_image_fid=152793]

It is anticipated the new release, the third at Ascot Green, would go to market in late 2021 or early 2022, pending approval from Brisbane City Council.

&nbsp;

&ldquo;The demand for apartments in Brisbane is extremely high, particularly at the top end,&rdquo;&nbsp;Penklis said.

&ldquo;We&rsquo;re seeing this being driven by a number of factors, including local owner-occupiers capitalising on the strong growth of their family home to secure a generous apartment, upgraders expanding their living space and location, and continued high interstate migration.&quot;

Nearly two-thirds of buyers in Ascot House and Tulloch House&nbsp;came from adjoining blue-chip suburbs like Ascot, Hamilton and Clayfield, a trend in which Penklis suggests will continue in the newest building.

&nbsp;

There&#39;s also the intergenerational buyer, where&nbsp;multiple purchasers from one family are seeking individual apartments in the community.

[smartcode_project:default project_id=27556 project_image_fid=71309]

Mirvac Design have described the new building design as an ode to its Ascot surrounds and a reimagination of the classic Queenslander.

Mirvac Design director Nicolas Thioulouse said the architecture of the planned building was guided by the &lsquo;Buildings that Breathe&rsquo; vision and design elements friendly to South East Queensland&#39;s climate.

&ldquo;We have focused on aligning the proposed building with Brisbane&rsquo;s beautiful sub-tropical climate and its truly unique location, surrounded by 50 hectares of green space,&rdquo; Thioulouse said.

&ldquo;In keeping with the peaceful and natural surrounds, residents will enjoy the authentically Queenslander experiences of shade and shelter, and screening and greenery, with the ability to open and close elements as they wish to maximise natural light and ventilation.

The sold-out Tulloch House features 84 one, two and three-bedroom apartments and luxury penthouses, which achieved from $450,000 to more than $2 million. The apartments are due to be completed in late 2021.

The first stage, Ascot House, sold-out all 90 apartments in 2020 and is completed.

It was announced earlier this week Tulloch House, featuring 84 apartments, had sold out, with completion expected by the end of the year.

The third, subtropical-inspired apartment block will rise 14 levels with 111 apartments and a rooftop with panoramic city and track views

Mirvac fast-track third apartment stage at Eagle Farm Racecourse development, Ascot Green

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The first stage release of Ascot Green, the $950 million residential masterplan at the historic Eagle Farm Racecourse in Brisbane developed by Mirvac is now on the market.
Stage One of Ascot Green will feature two towers, Ascot House and Tulloch House, with one, two, three and four bedroom apartments.
The nine storey Ascot House and 12 storey Tulloch House, both have expansive rooftop terraces with views.
Each apartment has large open plan living areas, bedrooms with extensive storage and very generous balconies overlooking the racetrack to the north or out towards Brisbane city to the south. 
Mirvac general manager of residential in Queensland Warwick Bible says Ascot Green was an Australian first, the first residential development to be built alongside a racecourse.
“Despite being surrounded by open space and greenery afforded by the Eagle Farm Racecourse, Ascot Green is unique in that it is just a few kilometers away from Brisbane city and very well connected to main transport routes and surrounded by established lifestyle amenity of Racecourse Road,” he noted.
Eagle Farm Racecourse is steeped in history, having been the centre of Ascot for some 150 years.
“To have this parcel of land become available is a truly unique opportunity as Ascot is renowned as one of Brisbane’s premier blue-chip suburbs and some of Brisbane’s best homes can be found in the 4007 post code. Ascot Green is an extension to this fantastic suburb.”
Ascot House is currently under construction, with the first residents scheduled to move in mid-2018.
For more information, <a href="https://ascotgreen.mirvac.com/?utm_source=Property+Observer+List&amp;utm_campaign=ddbce96d96-EMAIL_CAMPAIGN_2017_06_22&amp;utm_medium=email&amp;utm_term=0_a523fbfccb-ddbce96d96-245386345" target="_blank">click here</a>.
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Ascot Green

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