Asia Pacific real estate investment news and information
Just over a month after closing on $532 million for its second Australia logistics fund series, Hale Capital Partners has purchased a Melbourne campus in what analysts describe as the city’s biggest industrial acquisition of this year.
Sydney-based Hale has… Read More>>
Australia’s competition regulator has opened a review of a proposed acquisition of Melbourne’s Moorabbin Airport by a consortium led by US asset manager Barings, as owner Goodman Group looks to continue recycling capital from stabilised assets.
The Australian Competition and… Read More>>
Australian real estate fund manager Dexus group has put plans for a A$1.1 billion ($780 million) office tower in central Melbourne on the back burner as the war in the Gulf and interest rate hikes at home undermine the economics… Read More>>
Receivers have moved to sell the development site for Beulah International’s long-stalled Sth Bnk project in Melbourne’s Southbank, putting on the market a high-profile scheme once slated to include Australia’s tallest tower.
KordaMentha and Alvarez & Marsal have appointed Cushman… Read More>>
Frasers Property is marketing more than $631 million in Australian commercial property, offering two recently completed retail centres in western Sydney for a combined A$650 million ($459 million) alongside a Melbourne logistics portfolio with a book value of S$218.9 million… Read More>>
Melbourne’s beleaguered commercial property market is showing signs of recovery, with the Victoria capital recording what is said to be its biggest office deal so far this year with a reported A$185 million ($131 million) sale of a property in… Read More>>
A Charter Hall fund has acquired three sub-regional shopping centres in Australia from LaSalle Investment Management for a total of A$360 million ($254.3 million).
The portfolio of so-called convenience-based assets, anchored by non-discretionary retailers, comprises Bonnyrigg Plaza in Sydney, Morayfield… Read More>>
PGIM Real Estate has acquired a site in the industrial heartland west of Melbourne for development of a data centre campus, as the fund manager continues to grow its digital infrastructure footprint in Asia Pacific.
The 20.7 hectare (51.2 acre)… Read More>>
Australian fund manager Charter Hall has formed a joint venture with Japanese property giant Mitsubishi Estate to develop an industrial park in Melbourne’s western suburbs.
The project will provide 40,000 square metres (430,556 square feet) of warehouse space as the… Read More>>
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>>
