The manager of Singapore-listed Mapletree Logistics Trust has agreed to spend A$105.0 million ($74.5 million) to add a distribution centre in Brisbane, Australia to the trust’s existing portfolio of logistics facilities, according to an announcement by the company to the… Read More>>
Ascendas REIT Agrees to Buy Brisbane Industrial Project for A$33.5M
Singapore-listed Ascendas REIT continues to build out its portfolio of industrial properties as the manager of the real estate investment trust announced the acquisition of Cargo Business Park in Brisbane, Australia late last week.
A-REIT has agreed to acquire the… Read More>>
SG’s Rockworth Capital Buys Brisbane Building for Over A$60M
Singapore’s Rockworth Capital has added to its portfolio of Australian real estate assets with the purchase of 100 Edward Street, a grade B office asset in Brisbane for a sum of over A$60 million ($44.4 million), according to an announcement… Read More>>
Singapore’s GIC Puts Brisbane Back on Map with $281M Office Tower Deal
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>>
Ascendas REIT Picks Up Brisbane Office Tower for $67M
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>>
Savills IM Notches $68M in Aussie Deals for APAC Fund With Brisbane Mall Acquisition
UK-based real estate specialists Savills Investment Management are continuing to deploy capital from their Savills IM Asia Pacific Fund (SIM APF), having picked up a second Australian asset through the pan-Asian open-ended vehicle, according to a statement today by the… Read More>>
R&F Pays Fine, Escapes Liquidation in Brisbane and More Asia Real Estate Headlines
Part of learning about the development industry in western markets appears to involve getting acquainted with the court system – at least for R&F Properties, as the Guangzhou-based developer settles a court case that nearly closed down its biggest project… Read More>>
R&F Aussie Unit in Liquidation After Court Orders Wind Up
A subsidiary of China’s Guangzhou R&F Properties went into liquidation this month after the supreme court of the country’s Victoria state ordered the company be wound up, according to a report today in The Australian.
The legal setback for R&F,… Read More>>
China’s Guangzhou R&F Takes on $4.8B Australian Megaproject
Chinese real estate giant R&F Properties has added to its string of more than 15 overseas projects by signing an A$6.3 billion ($4.8 billion) deal to build around 10,000 homes in Brisbane, Australia.
The development heavyweight signed an agreement earlier… Read More>>
R&F Pays 3X Price for Aussie Site Dumped By Local Developer Over Contamination
Guangzhou R&F, already one of China’s most prolific cross-border real estate investors has made a bold gamble in the Australian property market by paying a local developer triple the price that it had paid two years earlier for a site… Read More>>