A surge in Australian industrial deals which has seen trades of workshops and warehouses jump by 38 percent in the opening months of this year has marked another milestone with Gateway Capital selling a logistics portfolio for a combined A$135… Read More>>
PGIM JV Buying Melbourne Mall From QIC for $286M as Aussie Bets Continue
PGIM Real Estate has partnered with Australia’s Assembly Funds Management to acquire a Melbourne mall from Queensland Investment Corporation for A$440 million ($286 million), the latest in a series of Down Under buys for the US property player.
Woodgrove Shopping… Read More>>
Nuveen Raises $421M for Australia Real Estate Debt Fund With Fresh Capital From CPPIB
Nuveen on Thursday announced the second closing of its Australia real estate debt strategy with A$650 million ($421 million) in committed capital, including a new investment of A$300 million from the Canada Pension Plan Investment Board.
Toronto-based CPPIB is investing… Read More>>
Panel: Logistics Investment in Australia 2025 MTD TV APAC Logistics Forum 2025
Australia’s logistics sector continues to attract global investors with trades of warehouse assets having surged 40 percent in 2024 to A$7.2 billion ($4.6 billion) as buyers from Australia and overseas are expected to expand that total by a further 38… Read More>>
PGIM Teams With Australia’s Cadence to Buy Sydney Freight Hub for $94M
PGIM Real Estate has partnered with Australia’s Cadence Property Group to acquire a logistics and infrastructure asset in western Sydney from rail freight operator Pacific National for A$145 million ($93.5 million), as the division of insurance giant Prudential Financial ups… Read More>>
Lendlease Sells UK Assets Into Crown Estate JV, Bags $770M Mandate From NPS
Lendlease on Monday announced the sale of six UK development assets into a joint venture between the Aussie builder and a property firm owned by the British monarch, as the ASX-listed group continues to pare back its global operations in… Read More>>
Scape Founder Unveils Plans for Expansion into Japan, Senior Living: MTD TV
Australia’s largest residential-for-rent owner and operator Scape aims to grow its portfolio to at least 100,000 housing units by 2030 through expansion into the Japanese market, diversification into senior housing, and growth of its build-to-rent apartment business. Watch the full… Read More>>
Scape Wins Commitment From CBRE IM for $3.8B Student Housing Fund
Australia’s biggest owner-operator of student housing, Scape, continues to scoop up commitments for its flagship core fund, with the group on Thursday announcing CBRE Investment Management as its latest capital partner.
The fund management arm of property services giant CBRE… Read More>>
Frasers REIT Nearing Sale of Melbourne Office Tower to Aussie Tycoon for $129M
Frasers Logistics and Commercial Trust is in late-stage talks to sell a central Melbourne office tower at a price close to A$200 ($129 million), according to market sources.
The prospective buyer of 357 Collins Street is in exclusive due diligence… Read More>>
Morgan Stanley Buys Half-Stake in $380M Frasers Aussie Shed Portfolio
The real estate investment arm of banking giant Morgan Stanley has formed a 50:50 joint venture with Frasers Property to invest in an Australia industrial portfolio developed by the Singapore-based firm and valued at A$600 million ($380 million).
The set… Read More>>
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