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 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>>
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>>
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>>
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>>
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-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>>
One of China’s biggest investment houses sees more cross-border real estate investments in 2017, despite an intensifying capital clampdown. Also in the headlines today, a Macau casino clan has taken enough off the tables to buy Exxon’s Melbourne office for… Read More>>
With property markets in Melbourne and Sydney looking as if they have peaked, Gaw Capital decided to go in another direction. The Hong Kong-based firm is teaming up with Abacus Property Group for an A$200 million ($151.5 million) opportunistic investment… Read More>>
Poly Australia, Shanghai-listed Poly Real Estate’s Australian arm, is looking for A-grade office investments in Melbourne’s CBD, according to The Australian. The news comes less than two months after the developer purchased a pair of buildings near Sydney’s Circular Quay… Read More>>