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business / Real Estate

Challenger offshoots hit hard
THE James Packer-backed Challenger Financial Services is underwriting a $130 million equity raising for one of its two property operations that booked annual losses yesterday of more than $24m each.
The Australian Thursday, August 06, 2009

Centro loses its top two bosses
NEW Yorker Glenn Rufrano has announced he is stepping down as chief executive of Centro Properties Group.
The Australian Thursday, August 06, 2009

Local focus for GPT
GPT plans to sell its overseas investments, worth about $1billion, and focus solely on growing its Australian business.
The Australian Thursday, August 06, 2009

China's Olympic confidence
FROM ping-pong diplomacy to round-ball realpolitik.
The Australian Thursday, August 06, 2009

South Korea Opens City Built From Scratch
Songdo, a $35 billion city-within-a-city near Seoul that is one of the world's largest commercial developments, sees the official opening on Friday of its first phase, including a park, hotel, apartments and convention center.
Real Estate Journal Thursday, August 06, 2009


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