Stockland Ltd has cut 80 jobs as part of its renewed focus on cust-cutting, The Australian Financial Review reports. The newspaper reports the group is aiming cut gross overheads by 10 per cent in 2014 – half in staffing costs and the remainder in better processes and a national approach to procurement. Last week, Stockland said it [...]
Mirvac assets to lure investment in new club funds
Diversified real estate investment trust Mirvac will focus on creating new club funds with its key office assets, higher-density apartments in inner cities and improving returns from its retail assets. The office assets to go into a fund include a 50 per cent stake in its flagship Westpac Place building in Kent Street, Sydney, and [...]
Stockland cuts 80 jobs: report
Stockland Ltd has cut 80 jobs as part of its renewed focus on cust-cutting, The Australian Financial Review reports. The newspaper reports the group is aiming cut gross overheads by 10 per cent in 2014 – half in staffing costs and the remainder in better processes and a national approach to procurement. Last week, Stockland said it [...]
Westfield in talks with Starwood to offload US malls for $US1bn-plus
STARWOOD Capital Group is in talks to buy seven US shopping malls from Westfield for more than $US1 billion, a deal that would mark the latest in a flurry of big-ticket acquisitions of retail property. Starwood’s talks with Westfield aren’t yet in the final stages and still could collapse, according to people familiar with the [...]
BIRKENHEAD POINT LEADING THE WAY IN PREMIUM OUTLET SHOPPING AND DINING!
MEDIA RELEASE May 2013 Your favourite Outlet Centre, Birkenhead Point, home to over 120 fabulous brands on sale every day is set to continue its multi-million dollar redevelopment with significant improvement to the overall shopping experience by creating easier access throughout the centre, more retail space and maximising the waterfrontage. This exciting phase of works [...]
