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Nick Lenaghan

Nick Lenaghan

Property Editor at Australian Financial Review

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Location
Australia
Languages
    Covering topics
    • Real Estate

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    Recent Articles

    afr.com

    David Di Pilla flags $4b data centre float

    Di Pilla’s group, HMC Capital, now has $2.5 billion of digital infrastructure assets in its control. It plans to spin off the portfolio and list it on the ASX.
    afr.com

    ‘Be careful what you wish for’ in property tax reform

    Any benefit from falling house prices by curbing investor concessions may be short-lived. And there would be a price to pay, say property experts.
    afr.com

    Office mandates on the rise as jobs market softens: experts

    The trend back to the office has further to run in the short term as power swings back toward employers. But there may be limits to that shift.
    afr.com

    House price growth to slow to 5pc nationally: experts

    The pace of house price growth is slowing as affordability constraints and high borrowing costs take the edge off strong underlying demand.
    afr.com

    Property: Weak auction markets point to falling house prices in Syd...

    Auction clearance rates have fallen to their lowest level this year, suggesting buyers are worried there is little relief in sight from high interest rates.
    afr.com

    Australia’s most powerful people in property for 2024

    Interest rates and construction costs are wreaking havoc and creating new winners and losers. Perhaps the biggest power shift is the fading influence of the CFMEU.
    afr.com

    Apartments taking two-and-a-half years longer to deliver: Urbis

    The forecast delay in supply comes as pressure is increasing on the federal government to navigate political opposition to key planks in its housing policy.
    afr.com

    Bleak outlook for commercial property: NAB

    Sentiment and confidence waned in all states bar Western Australia with Victoria the clear under-performer in all sectors, according to an industry survey.
    afr.com

    Sydney’s tallest tower to test battered office market

    The Japanese property giant is seeking around $600 million for its 30 per cent stake, which would value the entire Salesforce Tower at $2 billion.
    afr.com

    Melbourne ‘a proper basket case’ as office vacancy hits 20pc

    As tenants shift into new towers, older and emptier office blocks will be deemed functionally obsolete.
    afr.com

    Remote work crushes next wave of office towers: experts

    The next wave of CBD skyscrapers may not emerge for another decade as Sydney and Melbourne office markets recover from the rise of remote work and record high vacancy rates.
    afr.com

    High costs choke supply of new homes: property experts

    The cost of construction in capital cities has risen at a faster clip than house price growth, making it less economical to build new dwellings.
    afr.com

    House price growth to ease under 5pc as affordability bites - The A...

    Some of the heat is finally coming out of the market’s remarkable rebound as the burden of servicing mortgages weighs more heavily on prospective buyers.
    afr.com

    'Private AI' surge powers Equinix's $240m data centre expansion - T...

    The surge in AI use adds to existing drivers for data centre demand, including cloud computing and increasing consumption of streaming services and social media.
    afr.com

    Canberra real estate: Rich List Snow family aims for ACT's next lan...

    It is the first major project launched by Capital Property, the owner of Canberra Airport, since Terry Snow stepped down from active management last month.
    afr.com

    Lendlease moves on $1.8b Sydney timber tower, luxury Melbourne CBD ...

    The global developer is moving swiftly on its radical restructure. Chief Tony Lombardo has fronted investors with plans for the world’s tallest hybrid tower.
    afr.com

    LLC ASX: Lendlease sells US construction business days after strate...

    The development giant had on Monday outlined plans to progressively offload its international construction and property assets as investor unrest mounted.
    afr.com

    Property prices: Strong spring is in the RBA's says SQM Research fo...

    Auction clearance rates are holding steady even as the number of properties listed ticks up. Where the market goes from here depends on what the RBA does next.
    afr.com

    Press ‘go’ on the $20b boom in renewables development

    Renewables construction will hit $20 billion annually by 2026/27 as the country races towards ambitious carbon targets and coal-fired power stations close.
    afr.com

    Another 10pc fall tipped for office tower values before bottoming -...

    CBD office tower values have been battered by the shift to remote and flexible work, uncertain business conditions and high rates.
    afr.com

    Housing crisis: High costs strangle new supply – AFR survey - The A...

    It’s a case of simple economics choking off the desperately needed supply of new housing as building costs rise faster than house price growth.