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R&F Breaks Ground on $570M Melbourne Project and More Asia Real Estate Headlines

2018/04/24 by Greg Isaacson Leave a Comment

Leading today’s roundup, Guangzhou-based developer R&F Property has started work on the first phase of a large-scale regeneration project in suburban Melbourne that could bring up to 1,450 homes to the market. Also in the news, China has unveiled the… Read More>>

John Lim ara

ARA Pays $317M to Add Australia’s Cromwell Property to Global Footprint

2018/03/09 by Shawna Kwan Leave a Comment

Singapore-based real estate fund manager ARA Asset Management is continuing a global growth strategy by acquiring a 19.5 percent stake in an Aussie real estate investment manager, just a week after announcing a new platform for investments in Europe.

The… Read More>>

Colliers Hires Joe Lin from CBRE To Head Asia Markets Business in Australia

2018/03/07 by Greg Isaacson Leave a Comment

A former managing director in CBRE’s Taiwan office has headed south to Sydney, as the distance between Asia and Australia continues to shrink for the region’s real estate investors.

Joe Lin has taken the newly created role of National Director… Read More>>

SC Capital Proposes $252M, 55-Storey Hotel Tower in Sydney

2018/02/08 by Greg Isaacson Leave a Comment

Singapore’s SC Capital Partners has filed a proposal to redevelop a commercial building in downtown Sydney that it bought in 2015 into a 55-storey hotel and office skyscraper. The real estate private equity firm is angling to redevelop the site… Read More>>

Jacqui Esdaile Gravity

naked Hub Picks Up Gravity for Aussie Co-Working Foray

2018/01/31 by Greg Isaacson Leave a Comment

Chinese co-working operator Naked Hub is going intercontinental by scooping up Australian flexible office platform Gravity. The Shanghai-based startup has signed a deal to take a 70 percent stake in Gravity, which operates three co-working venues in Sydney, Melbourne and… Read More>>

Huang XIangmo

Wanda Selling Sydney, Gold Coast Projects to Star of Aussie Political Scandal

2018/01/29 by Michael Cole Leave a Comment

Dalian Wanda Group has reached the next milestone in its global retreat as the Chinese investment conglomerate today confirmed the sale of its two Australian properties for the equivalent of A$1.13 billion ($913 million), including A$315 million ($255 million) in… Read More>>

HNA Chen Feng

HNA Said Selling Sydney Tower to Blackstone for $161M

2018/01/26 by Greg Isaacson Leave a Comment

Earlier this month Stephen Schwarzman presented an award to HNA in New York, but the Blackstone boss took home the real prize this past week when his investment firm reportedly agreed to buy a downtown Sydney office tower from the… Read More>>

Wang Jianlin

Wanda To Bail on $1.5B in Australia Projects Amid Global Retreat

2018/01/24 by Greg Isaacson Leave a Comment

Dalian Wanda Group is walking away from its flagship property projects in Australia, in a deal that could exceed $1.5 billion, as the Chinese mall builder downsizes its overseas portfolio.

In an announcement last night, the group’s Hong Kong-listed unit… Read More>>

Lee Kok Sun GIC

Singapore’s GIC Puts Brisbane Back on Map with $281M Office Tower Deal

2017/12/05 by Greg Isaacson Leave a Comment

Singaporean sovereign wealth fund GIC has taken on Brisbane’s biggest office deal of the year by purchasing a downtown office tower for A$370 million ($281 million) in the northern Australian city.

GIC, which has an estimated $359 billion in assets… Read More>>

CHIA NAM TOON

Ascendas REIT Picks Up Brisbane Office Tower for $67M

2017/09/26 by Greg Isaacson Leave a Comment

Singapore-listed Ascendas REIT (A-REIT) has bought a 14-storey office tower on the outskirts of Brisbane for A$83.83 million ($66.6 million), marking the trust’s second acquisition of an office property in Australia.

The office deal in Brisbane, capital of the state… Read More>>

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