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Phile Pearce ESR

ESR Secures Anchor Tenant for Melbourne Green Logistics Hub

2022/03/14 by Beatrice Laforga Leave a Comment

ESR Australia has kicked off development of a logistics project occupying a 79 hectare (195 acre) site in suburban Melbourne and secured France-based CEVA Logistics as an anchor tenant, according to its top official.

Best known as the shipping provider… Read More>>

Ruban Kaneshamoorthy of Brookfield

Brookfield Buys Melbourne Site to Kick Off $370M Aussie Student Accommodation JV

2022/03/07 by Beatrice Laforga Leave a Comment

Brookfield Asset Management has entered the student accommodation market in Australia, kicking off its first development project in Melbourne under a portfolio that it aims to grow to over A$500 million ($370.5 million) as the country reopens its borders to… Read More>>

388 George Street

Hong Kong’s Link REIT Pays $428M for Half-Stake in Oxford Properties Aussie Portfolio

2022/02/10 by Michael Cole Leave a Comment

Hong Kong’s Link REIT has agreed to make its second Australian investment in just over two months, with Asia’s largest real estate investment trust announcing today that it is investing A$596 million ($428.2 million) for a 49.9 percent stake in… Read More>>

Darren Searle Logos

KKR, Mubadala Backing New Logos Projects in Sydney and Melbourne

2022/02/10 by Christopher Caillavet Leave a Comment

Logos has acquired an industrial site in suburban Sydney and another in Melbourne under the Australian developer’s partnership with private equity major KKR and Abu Dhabi’s Mubadala Investment Company.

The partners will develop the two properties into multi-unit logistics estates… Read More>>

chen feng HNA

Ho Bee Land Claims HNA Melbourne Asset and More Asia Real Estate Headlines

2021/11/02 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, the restructuring scheme for failed Chinese conglomerate HNA hits a snag in Australia, Singapore’s Keppel Capital plans to convert a Seoul hotel into an office building, and logistics developer Goodman raises its full-year… Read More>>

aitken hill conference centre

HNA Melbourne Prize Seized by Receivers and More Asia Real Estate Headlines

2021/07/20 by Danat Krairiksh Leave a Comment

In today’s roundup of regional news headlines, failed Chinese conglomerate HNA’s conference centre in Australia is seized by receivers, a Singapore-listed REIT picks up a Florida office building, and indebted developer Evergrande seeks liquidity from a bottled water IPO.

Read More>>

Kylie Rampa Lendlease

Korea’s NPS Acquires Melbourne Quarter Tower From Lendlease for $900M

2021/07/05 by Christopher Caillavet Leave a Comment

The National Pension Service of South Korea has acquired a 100 percent interest in the 34-storey Melbourne Quarter Tower from Australian developer Lendlease for a reported A$1.2 billion ($900 million).

The largest and last of three office towers in Lendlease’s… Read More>>

Paul Gately Baring

Baring, Singapore’s SLB Stitch Up Melbourne Commercial Tower for $159M

2021/04/27 by Christopher Caillavet Leave a Comment

Hong Kong’s Baring Private Equity Asia (BPEA) has teamed up with a Singapore-listed developer to back an A$206 million ($159.5 million) consolidation of a commercial building in central Melbourne.

BPEA, together with Matthew Ong’s SLB Development and local partner Futuro… Read More>>

Ho Bee Land CEO Chua Thian Poh

Singapore’s Ho Bee Land Buys Trio of Aussie Residential Sites for $81M

2021/03/18 by Christopher Caillavet Leave a Comment

Singaporean developer Ho Bee Land continues to mine housing opportunities in suburban Australia, announcing Wednesday that local units of the firm had paid A$103.73 million ($81.2 million) to acquire three residential development sites.

The two sites in Victoria and one… Read More>>

The sale of 15-85 Gladstone Street is expected to be completed on 31 March next year.

Chip Eng Seng Selling Melbourne Project to Greystar and More Asia Real Estate Headlines

2020/12/21 by Pimfha Chandhapradit Leave a Comment

In Mingtiandi’s latest roundup of regional news headlines, a trust tied to US developer Greystar buys an Australian property from Singapore’s Chip Eng Seng, Canadian insurer Sun Life makes a big bet on Japanese office assets, and Hong Kong steels… Read More>>

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