Nicola McDougall is our guest on Property News Update this week! She joins Kevin Turner as they discuss interesting property stories around the world.

Our first story discusses how Australian property group Mirvac acquired its first Build-To-Rent deal: a 490-unit apartment tower in Melbourne’s CBD for A$333.5M.

Mirvac believes that renting has become a lifestyle choice for a lot of people who want to be closer to work and other amenities. “Build-to-rent can revolutionise the rental experience with improved choice, quality, and security of tenure,” they said.

In our second story, around 100 retirees got caught up in a complex retirement scheme and now they fear to lose their homes.

On a lighter note, our third story tackles the house that Grease built. First introduced to the world in the 1970s with a string of #1 hit songs and blockbuster movies, super-star actress, Olivia Newton-John, is selling her Australia farm for over $5.5 million AU.

Our fourth story discusses what is it about Queenstown, NZ that causes such interest from Aussies. Four words as it turns out: snowy mountains and short flights.

Our last story talks about the tallest building ever to be demolished, 270 Park Avenue in New York City. It is also the first building over 200 meters in height to be peacefully razed.

Watch more in the interview.