The ongoing recovery in Australia’s retail market leads real estate news from around the region today as Blackstone makes a fresh attempt to sell a Melbourne shopping centre and MA Financial finds a buyer for a Wollongong mall. Malaysia also… Read More>>
MA Financial Buys Greater Brisbane Mall From QIC for $445M as Aussie Retail Stays Hot
Australia’s MA Financial Group has acquired a regional mall in the suburbs southeast of Brisbane from Queensland Investment Corporation for A$678.7 million ($444.5 million).
The transaction for the 44 hectare (109 acre) Hyperdome Town Centre complex in Loganholme represents the… Read More>>
Blackstone Selling Sydney Mall to Keppel REIT, MA Financial for $345M
Private equity titan Blackstone has agreed to sell a suburban Sydney mall to Singapore-listed Keppel REIT and Australia’s MA Financial Group for A$525 million ($344.6 million).
The REIT sponsored by Temasek-backed Keppel Ltd is acquiring its 75 percent interest in… Read More>>