Asia Pacific real estate investment news and information
SC Capital Partners has purchased an office building in North Sydney from BlackRock for A$127 million ($83 million), as the Singapore-based private equity shop adds another Aussie asset to its portfolio.
Thai financier Suchad Chiaranussati’s firm said that it had… Read More>>
ARA Asset Management together with the property arm of British Columbia Investment Management today announced their acquisition of a Melbourne office development valued at A$330 million ($218 million), confirming a Mingtiandi report from earlier this month.
In a joint statement,… Read More>>
ESR Australia has put Brisbane’s State Law Building on the market with the sale expected to fetch upwards of A$275 million ($184 million), as the logistics specialist continues to offload non-core assets down under.
The Warburg Pincus-backed company, which has… Read More>>
Warburg Pincus has entered a bidding contest for Australia’s largest self-storage operator with an offer to buy National Storage REIT (NSR) for A$1.73 billion ($1.2 billion), according to a disclosure by the real estate investment trust.
The board of the… Read More>>
SC Capital Partners has sold an office tower in Sydney’s central business district for A$270 million ($182 million), flipping the property at a mark-up of almost 71 percent just over two and a half years after acquiring the asset.
The… Read More>>
ARA Asset Management is said to be close to completing the acquisition of a Melbourne office development which is projected to be worth in excess of A$300 million ($201 million) once completed.
A source close to the transaction confirmed to… Read More>>
Starwood Capital Group has recommitted to its A$485 million ($326 million) bid for Australian Unity Office Fund (AOF), despite a move late last week by the REIT’s sponsor and Keppel Capital that appeared to frustrate the hostile takeover attempt.
Investor… Read More>>
Keppel Capital has set up a partnership with the sponsor of an A$688 million ($464.8 million) Australian office REIT that will allow the Temasek-backed asset manager to dig deeper into Australia’s metropolitan office market, according to a disclosure to the… Read More>>
Closures lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that shares in a Singapore-listed REIT plunged ten percent after announcing it had closed all four of its retail malls in China.
In… Read More>>
Just one month after closing on $2.2 billion in fresh cash, Gaw Capital Partners is bidding to put some of that funding to work in a new asset class, according to an announcement late last week by Australia’s largest self-storage… Read More>>
