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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...
Barangaroo Office Precinct

GIC buys 25% stake in US$2.9bn Sydney office fund

Singaporean sovereign wealth fund GIC is buying a 25.1% interest in the A$4.3bn (US$2.9bn) trust that owns the landmark Barangaroo office precinct in Sydney's...
M&A

Australian Aveo accepts Brookfield’s US$860m takeover bid

Canadian investment manager Brookfield is on track to take over Australian-listed senior living operator Aveo Group in a deal worth A$1.27bn (US$860m). Aveo owns and...
Sydney

Charter Hall, Abacus buy Sydney office for US$427m

Australian-listed Charter Hall and Abacus Property have teamed up to buy a Sydney CBD office from Dexus and Perron Group for A$630m (US$427.4m), reflecting...
Research

GIC offloads half-stake in US$1.2bn Sydney office to Charter Hall

Singapore's sovereign wealth fund GIC has sold a half-stake in its A$1.8bn (US$1.2bn) Chifley Tower skyscraper in Sydney to Australian property group Charter Hall. Charter...
80 Flinders St Adelaide

Centuria scoops US$90m Adelaide office for new fund

Australian property group Centuria has bought a grade-A office building in Adelaide from Lendlease-managed Australian Prime Property Fund for A$127m (US$89.9m). Centuria acquired the 80...
242 Exhibition Street, Melbourne

Charter Hall, PSP Investments snap up US$582m Melbourne office tower

Australian property fund manager Charter Hall, Canada's Public Sector Pension Investment Board and the Charter Hall Prime Office Fund have acquired Telstra's global headquarters...
M&A

Australian Aveo names Brookfield as preferred takeover partner

Australian-listed senior living group Aveo has confirmed it is in takeover talks with Canada's Brookfield Property Group, naming the major real estate investor as...
Northpoint Tower

Cromwell strikes Sydney office deals worth A$413.3m

Australian-listed Cromwell Property has sold its half-stake in Sydney's Northpoint Tower for A$300m after purchasing the Altitude Corporate Centre in the same city for...
Investment generic

Dutch APG enters Asia Pacific debt market with US$420m Australian venture

Dutch pension fund APG has committed up to A$600m (US$419.5m) to Australian real estate debt investments in its first foray into Asia Pacific property...
21 Harris Street, Pyrmont resized

ARA’s Suntec REIT snaps up Sydney office project for US$207m

Singapore-listed Suntec REIT has snapped up an office development in Pyrmont, a tech and media hub near Sydney's CBD, for A$297m (US$206.9m), marking its...
Scentre Sydney CBD office tower

Blackstone buys Sydney office tower from Scentre for US$1bn

Australian-listed Scentre Group has offloaded its Sydney CBD office towers to US asset manager Blackstone for A$1.52bn (US$1.06bn), just weeks after selling off a...
Collgar wind farm (image: Rest/UBS AM)

Australian Rest snaps up wind farm stake from UBS

Australian superannuation fund Rest taken full control of the largest wind farm in Western Australia after acquiring the outstanding 60% stake from UBS Asset...
Darling Park complex, Sydney

GPT to raise US$550m for US$365m Sydney office, retail deal

Australian-listed GPT is tapping investors for A$800m (US$550.4m) to fund an A$531m (US$365.3m) deal comprising 25% stakes in an office complex and a retail-led...
Warehouse

German DWS buys half-stake in Brisbane warehouse for US$92m

German asset manager DWS has acquired a half-stake in a Brisbane warehouse from Singapore-listed Frasers Logistics & Industrial Trust for A$134.2m (US$92.2m). The 54,245 sq.m....