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	<title>Real Estate Discussion Blog &#187; Melbourne Real Estate News</title>
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		<title>Four sold at auction</title>
		<link>http://www.discussre.com/aus-real-estate-news/</link>
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		<pubDate>Wed, 01 Nov 2006 10:25:25 +0000</pubDate>
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				<category><![CDATA[Aus Real Estate News]]></category>
		<category><![CDATA[Melbourne Real Estate News]]></category>
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		<description><![CDATA[A portfolio auction conducted by Burgess Rawson has seen four out of six properties offered at auction sell for a combined price of just under $5 million. The properties are located in metropolitan and regional NSW and include five retail premises, three of which sold, and a lone industrial property leased to Telstra. A St [...]]]></description>
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		<title>New home sales down 5 times in 6 months</title>
		<link>http://www.discussre.com/new-home-sales-down-5-times-in-6-months/</link>
		<comments>http://www.discussre.com/new-home-sales-down-5-times-in-6-months/#comments</comments>
		<pubDate>Tue, 31 Oct 2006 11:44:13 +0000</pubDate>
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				<category><![CDATA[Aus Real Estate News]]></category>
		<category><![CDATA[Melbourne Real Estate News]]></category>
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		<description><![CDATA[Higher interest rates continue to weigh down on new housing demand and supply, according to the Housing Industry Association. New Home Sales figures released today show the number of new homes sold in Australia has fallen for the fifth time in six months. HIA&#8217;s figures show that the sale of new homes and units among [...]]]></description>
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		<title>NLG boosts portfolio to the tune of $35 million</title>
		<link>http://www.discussre.com/nlg-boosts-portfolio-to-the-tune-of-35-million/</link>
		<comments>http://www.discussre.com/nlg-boosts-portfolio-to-the-tune-of-35-million/#comments</comments>
		<pubDate>Fri, 27 Oct 2006 14:01:17 +0000</pubDate>
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				<category><![CDATA[Aus Real Estate News]]></category>
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		<description><![CDATA[National Leisure &#038; Gaming (NLG) has splashed out $35 million to boost its hotel portfolio in New South Wales and Queensland to 12. The company has acquired the leasehold businesses of the Brewhouse portfolio of three suburban hotels in Sydney, as well as the Courthouse Hotel in Cairns and the Gladstone Reef Hotel Motel in [...]]]></description>
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		<title>Cromwell flags merger of syndicates</title>
		<link>http://www.discussre.com/cromwell-flags-merger-of-syndicates/</link>
		<comments>http://www.discussre.com/cromwell-flags-merger-of-syndicates/#comments</comments>
		<pubDate>Mon, 23 Oct 2006 11:16:00 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[Aus Real Estate News]]></category>
		<category><![CDATA[Melbourne Real Estate News]]></category>
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		<description><![CDATA[By Stephen Naylor Oct 23, 2006 e Cromwell Corporation Limited today announced proposals to create a new $1 billion stapled property group known simply as the Cromwell Group. The proposals involve merging the flagship Cromwell Diversified Property Trust with five other Cromwell managed syndicates and stapling the property trust to the management arm. Cromwell Chairman [...]]]></description>
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		<title>Retail properties sell on 7% yield</title>
		<link>http://www.discussre.com/retail-properties-sell-on-7-yield/</link>
		<comments>http://www.discussre.com/retail-properties-sell-on-7-yield/#comments</comments>
		<pubDate>Thu, 19 Oct 2006 04:37:33 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[Aus Real Estate News]]></category>
		<category><![CDATA[Melbourne Real Estate News]]></category>
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		<category><![CDATA[Queendsland Real Estate News]]></category>

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		<description><![CDATA[Three adjoining commercial properties at Taylors Lakes, in Melbourne&#8217;s northern residential growth corridor, have sold under the hammer for $2.91 million. The indicative yield to the investor was 7.1%. Located at 900 Old Calder Highway in Taylors Lakes, the retail properties are leased to Souvlaki Hut restaurant, Bamboo Asian Restaurant and the Commonwealth of Australia. [...]]]></description>
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		<title>Soul penthouse sets Australian record</title>
		<link>http://www.discussre.com/soul-penthouse-sets-australian-record/</link>
		<comments>http://www.discussre.com/soul-penthouse-sets-australian-record/#comments</comments>
		<pubDate>Sun, 15 Oct 2006 08:25:32 +0000</pubDate>
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		<category><![CDATA[Melbourne Real Estate News]]></category>
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		<category><![CDATA[Queendsland Real Estate News]]></category>

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		<description><![CDATA[A Queensland businessman has purchased the penthouse at the Juniper Group&#8217;s Soul Surfers Paradise development for almost $17 million, beating the Australian record price set only last month by the sale of Aussie Home Loans founder John Symond&#8217;s Sydney apartment. The sale catapults Queensland into the top end of property sales alongside Sydney, where a [...]]]></description>
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