Asia Pacific real estate investment news and information
Local Residential has acquired a rental apartment development in Melbourne from US builder Hines, with the project said to have a stabilised asset value of A$370 million ($258.8 million).
The site at 15-37 Bank Street will yield 355 apartments with… Read More>>
C Capital, the private equity firm co-founded by former New World Development CEO Adrian Cheng, has acquired 507 hectares (1,253 acres) of land near Melbourne for industrial projects with an expected end value of A$4.5 billion ($3.2 billion).
The land… 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>>
Charter Hall has purchased a regional shopping centre in Melbourne’s eastern suburbs for A$210 million ($138.7 million), marking the Australian fund manager’s second mall buy in as many weeks.
The acquisition of Burwood One in Burwood East was made on… Read More>>
Japanese real estate group Tokyo Tatemono is buying a stake in Lendlease’s A$500 million ($327 million) build-to-rent project under construction in central Melbourne.
The TSE-listed firm will acquire the minority equity interest in 899 Collins Street, a waterfront development in… Read More>>
Mapletree Investments has contributed to a growing list of bargain Australian office deals with the Singapore firm reportedly having sold 417 St Kilda Road in Melbourne to a local retail magnate for over A$90 million ($59.5 million).
At the reported… Read More>>
AXA IM Alts has agreed to acquire a development site in central Melbourne for the first project in the city under the French fund manager’s Australia build-to-rent platform.
The 105-unit residential complex on Adderley Street in the Victoria capital’s CBD… Read More>>
Australian property giant Dexus has agreed to sell a central Melbourne office complex for A$254.5 million ($163.8 million), with market sources confirming fund manager PAG as the buyer.
The Hong Kong- and Tokyo-based private equity shop is picking up Flinders… Read More>>
Australian build-to-rent platform Novus has tapped Japan’s Kanden Realty & Development to invest in a 190-unit BTR project in Melbourne, with the partners seeking to add much-needed supply to the local apartment market.
The 19-storey project, called Novus on Spencer,… Read More>>
Frasers Logistics and Commercial Trust has agreed to sell a Melbourne office tower for A$192.1 million ($124 million) as the Singapore-listed REIT turns its focus to industrial assets.
The 25-storey 357 Collins Street is changing hands at a mere 0.6… Read More>>
