Asia Pacific real estate investment news and information
Lendlease reported a loss of A$1.5 billion ($1 billion) for the fiscal year to June, ballooning from a year-earlier deficit of A$232 million, as the Australian real estate group booked write-downs related to an ongoing business overhaul.
ASX-listed Lendlease recognised… Read More>>
Australia’s largest owner and operator of student housing Scape has closed on A$3 billion ($2 billion) in fresh debt financing, with part of the offering nearly three times oversubscribed amid growing appetite for purpose-built student accommodation (PBSA) in the country.
Mitsubishi Estate is marketing its 30 percent stake in Sydney’s tallest office building, with the Japanese property giant saying it plans to reinvest the proceeds in other projects across Australia.
The Tokyo-based investor owns Salesforce Tower in a joint venture… Read More>>
Brookfield Asset Management has acquired a 50 percent stake in Journal Student Living, the student accommodation operating unit of Australian developer and investor Citiplan, as it seeks to capitalise on an influx of international students into Australia’s already tight private… Read More>>
Industrial giant ESR has teamed up with Mitsubishi Estate on a joint venture that will see the Japanese builder invest in an Australian project with an end value of A$175 million ($113 million).
The project forms part of a 25.1… Read More>>
Gaw Capital Partners has established a A$500 million ($325 million) partnership with Sydney-based real estate investment manager Ray White Capital (RW Capital) to invest in and manage private credit opportunities across Australia and New Zealand, as the partners seek to… Read More>>
Hong Kong toy tycoon Francis Choi Chee-ming has put up for sale the central Sydney home of the Australian Securities Exchange (ASX), as the bourse operator prepares to relocate to a newer building ahead of its lease expiry.
Choi, who… Read More>>
The alternatives platform of Goldman Sachs Asset Management has acquired seven last-mile logistics properties in Australia, as strong e-commerce trends continue to support warehouse leasing demand Down Under.
The portfolio’s properties are located near high-capacity urban highways in key population… Read More>>
A consortium led by Singapore-listed First Sponsor has completed the acquisition of Sydney’s City Tattersalls Club in a deal valued at A$24.7 million ($16.7 million), paving the way for the downtown property’s redevelopment into a 50-storey residential and hotel project.
PGIM Real Estate and Elanor Investors Group have agreed to buy a last-mile logistics site in a southeastern suburb of Melbourne, launching the first-ever joint venture between the US and Australian fund managers.
ASX-listed Elanor has exchanged contracts to acquire… Read More>>
