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Novus on Victoria will offer studios as well as 1-, 2- and 3-bedroom apartments to improve housing diversity in the Willoughby area and cater for a range of households.

Build-to-rent player Novus has hit the pavement to raise $1 billion plus for three projects across Sydney and Melbourne, tapping into inbound interest from Asian and North American institutional investors.

Novus has revealed plans for a $200m, 34-storey build-to-rent tower in Epping, featuring 204 apartments with a strong emphasis on sustainability and hybrid living.

General Motors Holden will consolidate its Australian and New Zealand operations into a newly completed 26,900 sqm warehouse in Dandenong South, returning to a site where it once manufactured vehicles decades ago.

The 2024 GRESB results reaffirm Oceania’s global leadership in sustainable real estate, with Australia driving top scores in both standing investments and development benchmarks, and 94% of participants adopting net zero policies.

The Australian property industry has retained its global sustainability leadership in the 2024 GRESB results, with Oceania topping both investment and development benchmarks and Australian companies recognised for driving innovation and progress toward net zero targets.