Asia Pacific real estate investment news and information
Already a major investor in AirTrunk, Canada’s largest pension fund manager has upped its bets on digital infrastructure in Australia through an A$76 million ($55 million) investment in Brisbane-based NextDC, according to documents filed with the ASX last week.
As… Read More>>
Taiwanese billionaire Lin Chen-hai has purchased the Paradise Centre and Novotel Surfers Paradise on Queensland’s Gold Coast from Abu Dhabi Investment Corp and Challenger Life for $346.5 million ($250 million), in what brokers describe as the largest purchase of a… Read More>>
Singapore’s Frasers Property has agreed to sell a nearly completed build-to-rent project in Brisbane to a vehicle set up by US investment manager Barings and Australia’s third-biggest superannuation fund for a reported A$285 million ($202 million), according to market sources,… Read More>>
Just over a month after closing on $532 million for its second Australia logistics fund series, Hale Capital Partners has purchased a Melbourne campus in what analysts describe as the city’s biggest industrial acquisition of this year.
Sydney-based Hale has… Read More>>
Australia’s competition regulator has opened a review of a proposed acquisition of Melbourne’s Moorabbin Airport by a consortium led by US asset manager Barings, as owner Goodman Group looks to continue recycling capital from stabilised assets.
The Australian Competition and… Read More>>
Microsoft is making its biggest investment yet in Australia, with the tech company saying on Thursday that it plans to spend A$25 billion ($18 billion) to build data centres and digital resources to support AI development in Australia, with the… Read More>>
Goodman Group’s move to focus on data centre opportunities may be creating openings for up and coming investment managers with the Australian industrial giant having sold a pair of Sydney logistics properties to Aliro Group for A$438 million ($310 million)… Read More>>
NextDC has launched a A$2.2 billion ($1.6 billion) capital plan, combining a A$1.5 billion equity raise with an expanded hybrid securities offer backed by Canada’s La Caisse, as the Australian data centre operator moves to fund a surge in contracted… Read More>>
Australian real estate fund manager Dexus group has put plans for a A$1.1 billion ($780 million) office tower in central Melbourne on the back burner as the war in the Gulf and interest rate hikes at home undermine the economics… Read More>>
Australia’s GPT Group has closed an equity raise for its wholesale retail fund at A$610 million ($438 million), exceeding its original A$500 million target as investor demand for income-focused property strategies gathers pace.
The capital raise for GPT Wholesale Shopping… Read More>>
