As climate change causes an increase in frequency and severity of natural disasters such as bushfires and floods, forward-thinking Australian businesses will put climate-related risk management at the top of their agendas. CoreLogic’s Dr Pierre Wiart writes that the businesses with a sophisticated way of...

Leveraging its strategic partnership with global reinsurer Munich Re, CoreLogic Asia Pacific has analysed Victoria’s residential property climate hazard and risk exposure, revealing very high risk of climate hazard to almost 9% of Victorian properties.

Auction volumes are expected to rise across the combined capital cities this week with CoreLogic currently tracking 2,495 auctions, up from last week’s 2,128 auctions held, although lower than the 3,026 auctions one year ago.

While neighbourhood and smaller shopping centres continue to trade well in the pandemic times, CBRE has sold the Entrada Centre at 20 Victoria Road, Parramatta for about $41 million. The vendor is the Cook Property Group, founded by and controlled by Ben Cook of Auckland.

Being put to market by CBRE Hotels is the Novotel South Wharf at 7 Convention Centre Place, Southbank.