Wing Tai Holdings leads our roundup of real estate headlines today as the Singaporean developer announces the acquisition of a Melbourne site. Making the list from farther north is Queensland’s QIC, which is expanding its Asia presence with a Singapore… Read More>>
Charter Hall Sells Melbourne Warehouse Complex to Barings for $62M
Charter Hall’s Core Logistics Partnership has sold a suburban Melbourne warehouse to Barings for A$94.1 million ($62.2 million), with the proceeds to be redeployed into developing the Australian property investor’s existing land banks.
The property at 2-30 Saintly Drive in… Read More>>
Singapore’s Keppel Buys Pair of Sydney School Campuses for $125M
Singapore property heavyweight Keppel Corp has purchased a pair of school campuses in Sydney on behalf of its private education fund for a total of A$198 million ($125 million), the company announced late Thursday.
The company said its Keppel Education… Read More>>
GIC Buys Half-Stake in Amazon-Anchored Melbourne Project
Singapore’s GIC is buying a half slice of an A$800 million ($568.3 million) Melbourne office development from Charter Hall after the Australian property giant secured Amazon and Aware Super, the third largest pension fund in the country, as anchor tenants.
GIC, Charter Hall Near $1.5B Melbourne Deal and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore’s GIC nears a record-breaking Melbourne office deal alongside Aussie fund manager Charter Hall, SGX-listed Starhill Global REIT posts solid quarterly growth, and time runs short for delinquent firms to file annual reports… Read More>>
Link REIT Hires Charter Hall’s Greg Chubb as International COO
Hong Kong-listed Link REIT on Monday announced the appointment of Charter Hall retail veteran Greg Chubb as the trust’s chief operating officer for international, effective this April.
Chubb will lead and oversee Link REIT’s asset management, leasing and corporate functions,… Read More>>
GIC, Charter Hall Buy Canberra Office Tower for Record $236M
Singapore’s sovereign wealth fund GIC has teamed up with Aussie fund manager Charter Hall to buy an office building in Canberra, Australia for A$335 million ($236.06 million) as it continues to ramp up its investment in the country’s booming office… Read More>>
GIC, Charter Hall Buying Canberra Office for Over $219M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore sovereign wealth fund GIC partners with Charter Hall on an office buy in Australia’s capital, a rare residential plot in Hong Kong’s pricey Repulse Bay heads for auction, and four key… Read More>>
Keppel REIT Bids Farewell to Brisbane Office Tower With $206M Half-Stake Sale
Singapore’s Keppel REIT is parting ways with its earliest Australian asset, a 31-storey Brisbane office building in which it holds a 50 percent interest.
The trust on Thursday announced the divestment of its half-stake in 275 George Street for an… Read More>>
Singapore’s GIC, Charter Hall Investing A$682M for Aussie Convenience Store Stake
Singapore’s sovereign wealth fund has partnered with Australian property group Charter Hall to buy a 49 percent stake in a portfolio of convenience stores operated by Ampol, Australia’s biggest oil refiner, for A$682 million ($488.9 million).
Ampol, formerly Caltex Australia,… Read More>>