Leading today’s news, Chinese capital is reportedly on the rebound in Sydney. Also, in the headlines, Hong Kong’s Great Eagle seems to be creating America’s first politically aligned hospitality brand, and Shenzhen condo projects are going rental as China looks… Read More>>
Hong Kong’s K Wah Reportedly Buying Sydney Tower for $146M
K Wah Group may be the latest Asian investor to buy into Sydney’s heated commercial property market, as the Hong Kong-based property firm is reportedly poised to pick up a grade A office tower in the city’s financial district for… Read More>>
Ascendas-Singbridge Buys Downtown Sydney Tower for $200M
Singapore’s Ascendas-Singbridge is buying a landmark office tower in downtown Sydney for A$252 million ($200 million), marking its second office acquisition in Australia.
The state-backed commercial developer announced on Friday that it has agreed to acquire 66 Goulburn Street, a… Read More>>
ARA, Straits Real Estate Buying Sydney Office Tower for $207M
Straits Real Estate is teaming up with funds managed by ARA Asset Management to buy an office tower in downtown Sydney from a fund run by local investment firm Propertylink for A$275 million ($207.3 million), according to announcements this week… Read More>>
Chinese-Owned Aussie Builder Scoops Up Sydney Project for $60M
China Communications Construction Company (CCCC) is pressing ahead with overseas projects, buying an office tower in the heart of downtown Sydney through a local company it bought three years ago, The Australian reported this week.
John Holland, an Australian builder… Read More>>
Shanghai Private Equity Group Said Buying Sydney Hotel for A$140M
Shanghai United Real Estate Investment, a private equity firm set up by a team of mainland investors and developers, is said to be on the cusp of buying an Intercontinental Hotel in Sydney from its Singaporean owners for A$140 million… Read More>>
Malaysian Fund Sells Sydney Asset to HK Investor for A$340M and More Asia Real Estate Headlines
Leading the news after a long weekend is a record-setting Sydney purchase by an unnamed Hong Kong family office, while Goldman wins some big new business in Korea. Also in the headlines, China’s biggest construction firm may be getting a… Read More>>
GIC Makes Third Student Housing Deal of 2017 With $302M Sydney Buy
GIC has made its third major student housing investment of 2017 as the Singaporean sovereign wealth fund is said to have agreed to pay A$400 million ($302 million) to purchase a pair of Sydney student blocks from Frasers Property Australia and… Read More>>
China’s Aqualand Takes Aim at $128 Mil Office Tower for Latest Sydney Deal
Continuing on its North Sydney spending spree, Chinese-backed developer Aqualand is said to have entered into a conditional agreement to buy the 19-storey Fujitsu Centre from local developer Denwol Group for around A$168 million ($128 million), pending the government-owned RailCorp’s… Read More>>
Foreigners, Mostly Chinese, Buy 25% of New Homes in Australia’s NSW
New abodes in New South Wales are a good deal for Chinese buyers, according to Credit Suisse, which claims that the lion’s share of foreign real estate investment in major Australian cities is coming from China.
In a report released… Read More>>
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