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How Australia’s commercial landlords should prepare for 5G

As 5G mobile technology is rolled out across Australia, landlords holding commercial buildings already suffering from poor mobile coverage will need to act fast...

Australia’s National Storage REIT draws third takeover bid

Australian-listed National Storage REIT (NSR) has announced it has received a takeover offer from Warburg Pincus, joining bids from Gaw Capital Partners and Public...
59 Goulburn Street

Poly buys Sydney office tower from SC Capital for US$182m

The Australian arm of Shanghai-listed Poly Developments has agreed to buy a Sydney office tower from Singapore-based SC Capital Partners for A$270m (US$181.6m). The 26-storey...

Link REIT expands into Australia with US$470m office deal

Hong Kong-listed Link REIT has agreed to buy a 10-storey office tower in Sydney from funds managed by Blackstone for about A$683m (US$470.4m), marking...

Centuria REITs strike US$340m in Australian office, logistics deals

Centuria Metropolitan REIT has agreed to buy a Canberra office building for A$256m (US$177m) this week, as Centuria Industrial REIT purchased two logistics assets...

AXA, Allianz JV buys Australia’s largest purpose-built student housing portfolio

A joint venture backed by Allianz Real Estate, AXA Investment Managers - Real Assets, APG and Scape Australia has agreed to buy Urbanest, the...

Scentre bags US$390m stake in Perth mall from AMP Capital

Australian-listed Scentre group has bought a 50% stake in a Perth shopping centre from the AMP Capital Diversified Property fund for A$570m (US$390m), as...
2-10 Wentworth Street

SC Capital snaps up Sydney office from Centuria for US$72m

Singapore-based SC Capital Partners has agreed to buy an office tower in Sydney's second busiest hub, Parramatta, from Australian property group Centuria for A$105.3m...
111 Pacific Highway, North Sydney

Mapletree raises US$446m for private Australian office trust

Singapore-based real estate asset manager Mapletree Investments has raised A$654m (US$446m) for its new private Australian office fund, targeting a 12% IRR and growing...
99 Walker Street, North Sydney

Australian REIT Abacus buys North Sydney office for US$211m

Australian REIT Abacus Property Group has snapped up a North Sydney office from Oxford Properties for A$311.3m (US$211.4m) after the buyer's joint takeover bid...

CBRE Global Investors snaps up North Sydney office development

US-headquartered CBRE Global Investors has purchased an office development on behalf of a German real estate Spezialfonds, tapping into the major infrastructure investment in...
412 St Kilda Road, Melbourne

Singapore’s SC Capital buys Melbourne office for US$73m

Singapore-based SC Capital Partners has bought a Melbourne office on behalf of its opportunistic RECAP fund series for A$107.08m (US$72.6m) and plans to splash...
Westfield Marion

Singapore’s SPH REIT bags Adelaide mall stake for US$460m

Singapore-listed SPH REIT has agreed to buy a 50% stake in Adelaide's largest shopping centre, Westfield Marion, from Australian property group Lendlease for A$670m...

Assembly raises over US$100m for Australasian property fund

Assembly Funds Management (AFM) has raised more than AU$150m (US$102.4m) in the first close of its maiden fund, ADPF1, which will invest in real estate debt...

Allianz, AXA, Scape form US$1bn Australian student housing fund

European insurance giants Allianz and AXA have teamed up with student accommodation specialist Scape Australia for an A$1.5bn (US$1.03bn) core student housing joint venture...
Ibis Swanston Street

Serene Capital lists Melbourne hotel for over A$70m

Australian fund manager Serene Capital has put the Ibis Swanston Street hotel in Melbourne on the market with price expectations of more than A$70m...

AXA, Grosvenor, Centuria team up for US$341m Australian healthcare fund

AXA Investment Managers - Real Assets, the property arm of the French insurer, has entered the Australian healthcare property market through a A$500m (US$340.8m)...
M&A

Charter Hall, Abacus strike takeover deal for Australian Unity Office Fund

Australian property groups Charter Hall and Abacus Property have taken a step closer to their A$495m (US$332m) takeover of the ASX-listed Australian Unity Office...
400 George Street, Brisbane

Cromwell snaps up Brisbane office for US$354m

Australian-listed Cromwell Property Group has exchanged contracts to buy a 35-storey office in Brisbane for $524.75m (US$353.6m), as the city's office vacancy continues to fall. Cromwell...
Sydney

M&G expands Australian presence with Sydney, Melbourne offices

M&G Investments, part of the London-headquartered M&GPrudential, has established a ground presence in Australia after opening offices in Sydney and Melbourne. The firm has appointed...