More than 900 industry leaders, representing 570 firms from 36 countries, attended the annual MIPIM Asia real estate conference in Hong Kong last week, with technology and trade tensions among the recurring themes throughout the packed program of presentations, panel… Read More>>
Melbourne Named Top APAC Property Investment Prospect for 2019
Developed markets maintain the broadest appeal to investors in Asia Pacific real estate markets, with Melbourne, Australia being selected as city with the most appealing prospects for property investment, according to the latest Emerging Trends in Real Estate Asia Pacific… Read More>>
Logos Continues on Melbourne Tear with $86M Kmart Warehouse Buy
In its third Melbourne deal in as many months, pan-Asian logistics developer Logos Property has acquired a Kmart distribution centre in the city’s Truganina suburb for A$119 million ($86 million).
Logos, which is headed by logistics veterans Trent Iliffe and… Read More>>
Logos Buys Melbourne Logistics Site for Reported A$28M
APAC warehouse platform Logos Property announced late last week that it had purchased a 27.5 hectare industrial site in the western suburbs of Melbourne, with market sources cited in local media indicating that the Sydney-and-Shanghai-based developer had paid A$28 million ($20.9… Read More>>
Gaw Capital Buys Melbourne Complex for A$157M
Gaw Capital Partners continues to be in buy mode this week as the Hong Kong-based investment manager has headed south to Melbourne, Australia to pick up a hospitality and office complex for A$157 million ($115 million)
The family-run real estate… Read More>>
China’s Hengmao Takes Hit on Lucky Melbourne Deal and More Asia Real Estate Headlines
There’s good news and bad news in today’s real estate roundup, starting with a Chinese developer taking a loss on a Melbourne office that it bought for the supposedly lucky price of A$88,888,888. Some cities in northern Britain aren’t so… Read More>>
Suntec REIT Buys 50% of Melbourne Office Project for $328M
Singapore-listed Suntec REIT is buying a 50 percent stake in a downtown Melbourne office project from Australian property group Mirvac for A$417 million ($328 million), according to an announcement by the REIT’s manager, ARA Trust Management (Suntec) last week.
Once completed,… Read More>>
Country Garden Picks Up Suburban Melbourne Site for $304M
China’s Country Garden has scooped up a residential site in a suburb of Melbourne for A$400 million ($303.6 million), where it could build more than 4,000 houses.
Should the deal by the top five mainland developer win approval from Australia’s… Read More>>
Dalian Wanda Announces $10B China Healthcare Scheme and More Asia Real Estate Headlines
Leading the news today, Wang Jianlin’s Dalian Wanda is ready to bet $10 billion that Sichuan residents will have some major healthcare needs, CY Leung notices that Hong Kong’s home market seems to be getting frothy, and JP Morgan coughs… Read More>>
Singapore’s UOL Buys Melbourne Hilton from Host Hotels & Resorts JV for $175 Mil
Singapore-listed real estate conglomerate UOL Group continued to expand its hospitality holdings last week with the announcement of an agreement to purchase the Hilton Melbourne South Wharf hotel in Melbourne, Australia for A$230 million ($175 million).
UOL, which is the… Read More>>
