Asia Pacific real estate investment news and information
A joint venture of a Lendlease-managed private fund and South Korea’s National Pension Service has completed the sale of a suburban Australia mall to Melbourne-based investor Fawkner Property for a record-setting A$895 million ($604 million).
The transaction for Erina Fair… Read More>>
Australian data centre operator NextDC has secured development approval from the state of Victoria for a 150-megawatt digital infrastructure campus in Melbourne at an investment of A$2 billion ($1.3 billion).
The M4 campus will anchor the Fishermans Bend Innovation Precinct… Read More>>
OUE REIT is in exclusive talks to acquire a stake in Sydney’s Salesforce Tower, according to an announcement by the manager of the Singapore-listed trust on Thursday, with local news reports citing a value of A$1.8 billion ($1.2 billion) for… Read More>>
Global investment managers continue to find gold in self-storage units, with StoreLocal, a mini-shed platform controlled by BlackRock, announcing on Wednesday that it has agreed to acquire a set of properties in Perth, Australia from entities controlled by Blackstone.
StoreLocal… Read More>>
Transit operator Sydney Metro has appointed Australian property groups Lendlease, Mirvac and Coombes to develop a pair of commercial towers above the future Hunter Street station in the Harbour City’s central business district.
Lendlease and Sydney Metro will deliver the… Read More>>
US fund management titan Blackstone announced on Tuesday that it has agreed to buy an island resort in the Great Barrier Reef, for a price reported by local media to be approximately A$1.2 billion ($804 million), in its latest bet… Read More>>
Sydney-based fund manager Mirvac has a new partner in its build-to-rent strategy with superannuation fund Australian Retirement Trust having agreed to buy a 48.5 percent in its A$1.7 billion ($1.1 billion) Liv Mirvac Fund, according to statements by the two… Read More>>
Australian property giant Dexus Group on Friday announced the launch of a new fund series, with the inaugural vehicle to hold a quarter-stake in a Brisbane mall to be acquired for A$683 million ($455.5 million).
Dexus has exchanged contracts with… Read More>>
Far East Consortium has agreed to sell a 50 percent interest in the Ritz-Carlton Perth to an affiliate of fellow Hong Kong player AMTD Idea for A$100 million ($66.4 million).
FEC will sell half-stakes in the holding and operating companies… Read More>>
Asset management giant Brookfield and Singapore sovereign fund GIC have agreed to buy Australia’s National Storage in a deal valuing the ASX-listed REIT at about A$4 billion ($2.6 billion).
Under the terms of the agreement, the Brookfield-GIC consortium will acquire… Read More>>
