Less than two weeks after unveiling the company’s third project in Seoul, Weave Living announced its Australia debut on Thursday with the regional rental housing platform acquiring a Sydney project as a first step toward an anticipated $300 million fund.
Goodman Buying Western Sydney Airport Site From Saint-Gobain for $370M
Australian developer Goodman Group has agreed to acquire a logistics site next to the under-construction Western Sydney Airport for A$575 million ($370 million).
Market sources confirmed the ASX-listed builder’s role in the deal, which was announced Wednesday by the land’s… Read More>>
Gateway Capital Buys Blackstone Sydney Warehouse to Help Seed $524M Fund
Sydney-based Gateway Capital is aiming to assemble a portfolio of A$800 million ($524.4 million) in Australian industrial assets and has kicked off the fund with the acquisition of a warehouse in Sydney’s western outskirts from private equity titan Blackstone.
The… Read More>>
Link Real Estate Partners Buying Sydney Shed Project From Dexus JV for $80M
Link Real Estate Partners, the private funds arm of Hong Kong’s Link Asset Management, has agreed to acquire an under-development western Sydney logistics project, with market sources confirming a deal value of A$121.5 million ($80.4 million).
The four-warehouse project with… Read More>>
Shimao Founder Sells Sydney Office Tower to Lendlease for $1.6B Residential Project
The founder of Chinese developer Shimao Group has sold a central Sydney office tower to Australian builder Lendlease, which plans to redevelop the site into a luxury residential project with a gross end value of more than A$2.5 billion ($1.6… Read More>>
Singapore’s Furama Buys Central Sydney Hotel Complex for $45M
Singaporean hospitality group Furama has purchased a central Sydney hotel complex, with market sources on Thursday confirming a transaction price of A$68 million ($44.7 million).
Skye Suites Sydney opened in 2018 and comprises a 73-key serviced apartment offering within the… Read More>>
BGO Teams With Centuria to Buy Three Sydney Sheds From Goodman for $130M
North American fund manager BGO has acquired three Sydney warehouses for A$201 million ($129.6 million) through a joint venture with Aussie property investor Centuria Capital Group, adding to a salvo of recent deals in one of the world’s hottest industrial… Read More>>
Manulife IM Buys Sydney Logistics Park From KKR, Centennial for $35M
Australian warehouses continue to be a top target for institutional investors with Manulife Investment Management announcing on Monday that it has acquired a logistics park in suburban Sydney.
The wealth management unit of Canada’s largest insurer purchased 243 Forrester Road… Read More>>
Goodman to Invest $722M Developing 90MW ‘Project Mars’ Data Centre Campus in Sydney
Australian builder Goodman Group has filed for an environmental assessment of a 90-megawatt data centre project in Sydney, with plans to invest A$1.2 billion ($722 million) developing the facility.
The scheme involves the redevelopment of Goodman’s existing four-warehouse industrial park… Read More>>
Japan’s Daibiru Corp Buying Sydney Tower From Investa Fund for $378M
Daibiru Corp is buying a central Sydney office tower from a fund managed by Investa Property Group, with market sources confirming a deal value of around A$600 million ($378 million), as Japanese capital continues to pour into Australia real estate… Read More>>
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