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Singapore’s Hiap Hoe Sells Melbourne Hotel to Australia’s MA Financial For $63M

2024/02/05 by Beatrice Laforga Leave a Comment

Hotels continue to be a top target for real estate investors in Asia Pacific, with Sydney-based alternative asset manager MA Financial agreeing to buy a Melbourne hospitality asset from Singaporean developer Hiap Hoe late last week for A$96 million ($62.55… Read More>>

Matthew Ong, CEO of SLB Development

Singapore’s SLB Lodges Plans for 420-Unit Melbourne Student Housing Project

2024/01/24 by Beatrice Laforga Leave a Comment

Singapore builder SLB Development is making its first foray into Australian student accommodation as it takes on a more than 400-unit development project in central Melbourne.

SLB lodged a planning application with the City of Melbourne last month to demolish… Read More>>

OSK Property CEO Ong Ghee Bin

Malaysia’s OSK Teams with Gurner-Qualitas JV For $400M Aussie Rental Residential Project

2023/12/09 by Beatrice Laforga Leave a Comment

OSK Property is adding a rental residential element to its Melbourne Square mega-project by teaming up with a local apartment platform for an A$400 million ($262 million) apartment project according to an announcement this past week.

The real estate arm… Read More>>

Simon Greig of Charter Hall

Charter Hall Sells Melbourne Warehouse Complex to Barings for $62M

2023/12/01 by Christopher Caillavet Leave a Comment

Charter Hall’s Core Logistics Partnership has sold a suburban Melbourne warehouse to Barings for A$94.1 million ($62.2 million), with the proceeds to be redeployed into developing the Australian property investor’s existing land banks.

The property at 2-30 Saintly Drive in… Read More>>

Andy Lim of JL Family Office

Singapore’s JL Family Office Buying Melbourne Shed for First Aussie Acquisition

2023/10/29 by Michael Cole Leave a Comment

The Land Managers is making its first direct purchase in Australia after the real estate investment division of Singapore’s JL Family Office teaming up with unidentified co-investors to acquire a Melbourne logistics facility for A$26.5 million ($16.8 million), the company… Read More>>

Yang Huiyan Country Garden

Country Garden Sells Melbourne Project to Frasers After Bond Default

2023/10/23 by Michael Cole Leave a Comment

Country Garden Holdings has agreed to sell an unfinished housing project near Melbourne, Australia to Singapore’s Frasers Property, market sources have confirmed to Mingtiandi, with the asset sale emerging during the same week that China’s largest developer formally defaulted on… Read More>>

Worldwide Hotels boss Choo Chong Ngen

Worldwide Follows Singapore Record Deal with $113M Melbourne Hotel Buy

2023/07/09 by Beatrice Laforga Leave a Comment

After making the Lion City’s largest purchase of a single hotel earlier this week, Singapore’s Worldwide Hotels Group has followed up with an A$170 million ($112.8 million) buy of a high-rise hotel in downtown Melbourne from one of its compatriots.

… Read More>>

Mainland Buyer Picks Up Melbourne Mall as Chinese Investors Return to Oz

2023/05/05 by Beatrice Laforga Leave a Comment

An investor from mainland China has acquired a boutique shopping centre in Melbourne from local property fund manager MPG Funds Management, as Chinese investors are helping to drive a rebound in Australian property deals.

MPG, through its MPG Retail Brands… Read More>>

99 Queen Street, Melbourne

Mainland Chinese Buyer Scoops Up Melbourne Office Building for $20M

2023/04/18 by Christopher Caillavet Leave a Comment

An unidentified mainland Chinese investor has acquired an ageing building in Melbourne’s central business district, marking the first major office deal of 2023 in Australia’s second-largest city.

The 12-storey office block at 99 Queen Street changed hands after a competitive… Read More>>

Alysia Reilly of Hines

Hines Asia Fund Picks Up 2 Melbourne Logistics Projects

2022/09/01 by Christopher Caillavet Leave a Comment

The flagship Asia Pacific strategy of US developer and fund manager Hines has entered Melbourne with the acquisition of two logistics properties from Honda Australia.

A project near the Melbourne airport in the suburb of Tullamarine will be the first… Read More>>

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