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WEE EE LIM UOL Group

Singapore Land Confirms $352M Buy of Brookfield’s Sydney Office Tower

2024/10/14 by Michael Cole Leave a Comment

SGX-listed Singapore Land announced late Friday that it has teamed up with another unit of its parent firm, UOL Group, in an agreement to buy a half-stake in a Sydney office tower from Brookfield Asset Management.

The UOL Group subsidiaries… Read More>>

Warriewood Square in Sydney

Hong Kong’s JY Group Buys Half-Stake in Northern Sydney Mall for $91M

2024/10/14 by Christopher Caillavet Leave a Comment

JY Group has acquired its second half-stake in an Australia mall in less than two months, with the Hong Kong investor picking up a 50 percent interest in a northern Sydney shopping centre for A$135.5 million ($91.3 million).

JY purchased… Read More>>

Francis Choi Chee-ming

Singapore’s Metro, Sim Lian Buy Sydney Tower From Hong Kong Toy King for $132M

2024/10/10 by Christopher Caillavet Leave a Comment

The Australia joint venture of Singapore builders Metro Holdings and Sim Lian Group has acquired a downtown Sydney office tower from Early Light International, the Hong Kong firm controlled by toy tycoon Francis Choi, for A$196.4 million ($132 million).

Metro… Read More>>

Michael Fattouh of QIC

Hines, Australia’s Haben Buying Western Sydney Mall From QIC for $605M

2024/10/08 by Christopher Caillavet Leave a Comment

A joint venture of US property giant Hines and Australian fund manager Haben has agreed to acquire a western Sydney mall from the Queensland Investment Corporation for A$900 million ($605 million).

The sale of Westpoint Shopping Centre represents the largest-ever… Read More>>

WEE EE LIM UOL Group

Brookfield Said Selling Half-Stake in Sydney Tower to UOL, SingLand for Up to $330M

2024/09/28 by Christopher Caillavet Leave a Comment

Asset management giant Brookfield is in talks to sell its half-stake in a Sydney office tower to companies of Singapore’s UOL Group, with a local media report putting the deal’s value in a range of A$460 million to A$480 million… Read More>>

Sally-Box Cabot

US Builder Cabot Expands Into Sydney With $92M Shed Buy From LaSalle

2024/09/18 by Christopher Caillavet Leave a Comment

Cabot Properties has purchased a two-storey warehouse in suburban Sydney from LaSalle Investment Management for A$137.6 million ($91.8 million), marking the US logistics builder and fund manager’s first acquisition in the Harbour City.

The newly built shed in the Matraville… Read More>>

Yuzo Nishiyama, head of Australia at Mitsubishi Estate Asia

Mitsubishi Estate Seeks Buyer for 30% Stake in Sydney’s Salesforce Tower

2024/08/07 by Christopher Caillavet Leave a Comment

Mitsubishi Estate is marketing its 30 percent stake in Sydney’s tallest office building, with the Japanese property giant saying it plans to reinvest the proceeds in other projects across Australia.

The Tokyo-based investor owns Salesforce Tower in a joint venture… Read More>>

Francis Choi Chee-ming

Hong Kong’s ‘King of Toys’ Francis Choi Marketing ASX Building in Sydney

2024/07/26 by Kevin He Leave a Comment

Hong Kong toy tycoon Francis Choi Chee-ming has put up for sale the central Sydney home of the Australian Securities Exchange (ASX), as the bourse operator prepares to relocate to a newer building ahead of its lease expiry.

Choi, who… Read More>>

Kwek Leng Beng CDL

Singapore’s First Sponsor Closes $16M Deal to Buy Sydney Heritage Building

2024/07/16 by Christopher Caillavet Leave a Comment

A consortium led by Singapore-listed First Sponsor has completed the acquisition of Sydney’s City Tattersalls Club in a deal valued at A$24.7 million ($16.7 million), paving the way for the downtown property’s redevelopment into a 50-storey residential and hotel project.

… Read More>>

Kurt Wilkinson, founding partner of Arrow Capital Partners

ESR Books 62% Gain on $68M Sale of Sydney Logistics Estate to Australia’s Arrow Capital

2024/07/04 by Kevin He Leave a Comment

ESR has sold a north Sydney logistics estate to Australian real estate investment manager and operator Arrow Capital Partners for A$101.8 million ($68 million) in Australia’s largest single-asset industrial transaction so far this year.

The HKEX-listed industrial specialist backed by… Read More>>

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