WeWork launches $2.9billion platform

WeWork launches $2.9billion platform After confidentially filing for an initial public offering in April, WeWork’s parent company has launched a US$2.9 billion platform to buy the buildings it rents in. WeWork, which rebranded as The We Company in early 2019, has launched “Ark” to manage and expand its real estate holdings. Raising an initial US$2.9…

How to navigate development opportunities in a testing market

How to navigate development opportunities in a testing market Brisbane’s property developers are strategically adapting to the current residential climate, controlling entire projects from end-to-end, retaining management rights and pushing for boutique projects they would be “proud to walk their families past in 20 years time”. While retreating foreign buyers, credit curbs, increased supply and…

First Home Buyers $500mil Scheme

First Home Buyers $500mil scheme The $500 million scheme, unveiled by the Coalition prior to their re-election, will underwrite 15 per cent of the home’s value — allowing first home buyers to more quickly, and easily, meet the 20 per cent deposit requirement. Modelled on a New Zealand policy, the scheme will be available next…