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Perron Group buys half share in Sydney mall for US$398m

Perth-based Perron Group has agreed to acquire a 50% share in the Westfield Burwood shopping centre in Sydney from Scentre Group for A$575m (US$398.2m),...

Charter Hall fund snaps up Melbourne, Adelaide offices for A$275m

Charter Hall's PFA fund has purchased two offices in Melbourne and Adelaide for a combined A$275m (US$192.3m), marking its first deals in either CBD...

Dexus to buy Melbourne office for US$1bn

Australian REIT Dexus and the Dexus Wholesale Property Fund have teamed up to buy an office asset in Melbourne from Brisbane-based QIC Global Real...

Singapore’s Rockworth buys 18% stake in Australian property fund manager

Singapore-based real estate firm Rockworth Capital Partners has acquired an 18% interest in property fund manager Elanor Investors Group to expand its footprint in...

ESR completes A$723m Propertylink acquisition

Asian logistics real estate platform ESR said it has effectively completed its A$723m takeover of Australian industrial and office landlord Propertylink. ESR has bought 98%...

Singapore’s Ascott REIT bags first business hotel in Australia

Singapore-listed Ascott REIT has purchased the 150-room Felix hotel near Sydney's airport for A$60.6m (US$42.9m), marking the trust's first business hotel in Australia. The property...

Centuria’s Ross Lees on tightening warehouse yields in Australia

Australian industrial and logistics real estate yields are set to compress further, with an ever-growing crowd of investors fuelling competition for assets, says Centuria...

Dexus takes over Sydney’s MLC Centre in US$565m deal

Australian REIT Dexus and its wholesale property fund have gained full control of the landmark MLC Centre in Sydney after acquiring the outstanding 50%...

Australian Coles offloads hotel portfolio for A$200m

Australian retail group Coles has sold a pub and hotel portfolio to KKR-owned Australia Venue Co for A$200m (US$140.8m), as part of a joint...

AXA bags Australian hotel portfolio for A$330m

AXA Investment Managers - Real Assets, the property arm of the French insurer, has purchased a portfolio of four hotels in Sydney and Canberra...

Dexus offloads Sydney office park for A$231m

Australian REIT Dexus has agreed to sell an office park in Sydney for A$231.2m (US$165m), as it recycles assets to fund its development and...

Dutch Bouwinvest to invest US$1.7bn in Asia Pacific by 2021

Dutch investment manager Bouwinvest Real Estate Investors plans to deploy €1.5bn (US$1.7bn) into Asia Pacific’s real estate markets by 2021 after opening its first...

Australian Vicinity picks Peter Huddle for COO

Australia retail landlord Vicinity Centres has appointed former Unibail-Rodamco-Westfield executive Peter Huddle to the newly created role of COO. Huddle will start in the new...

Australia’s Healthscope to sell hospital portfolio for A$2.5bn

Australian private healthcare operator Healthscope has agreed to sell 22 hospitals to North American investors NorthWest and Medical Properties Trust for a combined A$2.5bn. Both...

Australian Charter Hall nabs Sydney towers for A$804m

Australian property fund manager Charter Hall has completed the purchase of two office buildings in Sydney from Canadian investment manager Brookfield for a reported...

Australian GPT to sell 50% stake in Sydney office

Australian property firm GPT has announced plans to sell its 50% stake in the MLC Centre in Sydney to reinvest into developments across the...

M&G Real Estate buys 50% stake in Australian industrial portfolio

M&G Real Estate, the real estate arm of the British insurer, has purchased a 50% stake in the Australian-focused Dexus Industrial Partnership from Melbourne-based...

Singapore’s SPH REIT expands into Australia with A$175m mall deal

Singapore-based SPH REIT has acquired a majority stake in a shopping centre in the Australian city of Wollongong for A$175m (US$123m), marking its first...

Canadian Oxford Properties bags Investa office REIT for A$3.4bn

Oxford Properties, the real estate arm of Canadian pension fund OMERS, has taken over the Investa Office fund and its portfolio of 19 Australian...

Charter Hall Long WALE REIT bags Australia farm portfolio for A$207m

Australian-listed Charter Hall Long WALE REIT has agreed to buy a portfolio of 27 agri-logistics properties across Australia including hatcheries, feedmills and breeder farms...