Asia Pacific real estate investment news and information
Invictus Developments has lodged plans to convert an office block it acquired in central Sydney last year into a 152-key hotel, moving a step closer to reaching its goal of a A$500-million ($326 million) hospitality portfolio Down Under.
In an… Read More>>
Mingtiandi’s APAC Residential Forum concludes Thursday with a panel discussion on Australia’s build-to-rent market, where acquisitions of income-earning properties nearly doubled last year to top $2 billion.
The one-hour programme on MTD TV will feature Dan McLennan, founder and co-CEO… Read More>>
Brookfield Asset Management is taking on its third student housing project in Australia after international student enrolment in the country last year surpassed pre-pandemic peaks by 4 percent.
Brookfield on 4 March lodged a development application with the City of… Read More>>
International students in Australia have surpassed their pre-COVID numbers, delivering a boost to purpose-built student housing and driving a reallocation of capital into the sector, according to JLL.
Last year saw the number of international students exceed the previous 2019… Read More>>
Hong Kong-listed ESR and Singapore’s Frasers Property are teaming up to develop an A$900 million ($595 million) industrial estate in suburban Melbourne as global investors look to Australia’s logistics market as a reliable source of returns in a challenging market.
Australia remains a prime target for investors from Japan, Singapore and other Asian hubs step up their commitments to the sector at the same time that many institutions from North America and Europe go into ‘wait-and-see’ mode.
With the country… Read More>>
Asia Pacific self-storage operator StorHub Group on Thursday announced its expansion into Australia, with the Warburg Pincus-backed company touting $300 million in equity commitments to support the Down Under business unit.
The Aussie platform is seeded with five assets in… Read More>>
Local Residential, the Australian build-to-rent platform backed by Macquarie Asset Management, has reached a final closing of its inaugural fund with investments in two Melbourne projects with an end value of A$650 million ($427.9 million).
The fully deployed fund, dubbed… Read More>>
Some 89 percent of global property investors intend to deploy capital into Australian industrial properties in 2024, according to a survey by Cushman & Wakefield.
The global commercial real estate services firm has identified A$45 billion ($29 billion) of institutional… Read More>>
Singapore investors continue to shop for office building bargains Down Under, with members of the city-state’s Ho clan acquiring an commercial tower in North Sydney from a fund managed by Dexus for A$95.5 million ($62 million), Mingtiandi has learned.
In… Read More>>
