Home Tags Office

Tag: office

Rushabh Desai (image: Allianz Real Estate)

Allianz commits US$150m to Indian office developments

Allianz Real Estate, the property arm of the German insurer, has committed US$150m to Indian office developments after teaming up with Indian conglomerate Godrej...
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...
Midosuji Grand Tower

German BVK trades Osaka office for nearby housing portfolio

CBRE Global Investors and Universal-Investment have sold the Midosuji Grand Tower in Osaka and acquired a portfolio of more than 1,000 residential units in...
Zen Plaza, Ho Chi Minh City (image: Nomura Real Estate)

Japan’s Nomura Real Estate drives Asian expansion with Vietnam deal

Japanese property group Nomura Real Estate has bought the Zen Plaza office building in Ho Chi Minh City (HCMC), as the firm expands further throughout...
71 Robinson Rd, Singapore

Commerz Real sells Singapore office for US$476m

Commerz Real, the property arm of German Commerzbank, has sold its 71 Robinson Road office in Singapore to a Sun Venture subsidiary for S$655m...

Allianz, Gaw Capital buy Singapore’s DUO complex for US$1.17bn

Allianz Real Estate, the property arm of the German insurer, and Gaw Capital have teamed up to acquire the DUO Tower and DUO Galleria...
Project Autumn, Hong Kong

PAG, investors pour nearly US$700m into Asia Pacific office portfolio

A group of institutional investors, including Dutch investment manager Bouwinvest, has invested nearly US$700m (€615m) into a portfolio of 26 offices spanning Tokyo, Osaka,...
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...
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...
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...
Frasers Tower in Singapore

Frasers Property sells Singapore office stake for US$327m

Singapore-listed Frasers Property has agreed to sell a 50% stake in its Frasers Tower in Singapore for S$422.7m (US$327.2m) after completing the 38-storey property...
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...
KY Kojimachi Building

Japan Prime Realty buys Tokyo office, retail assets for US$89m

Tokyo-listed Japan Prime Realty Investment Corporation (JPR) has bought an office building and a retail property in Tokyo from its parent company for a...
Office generic

Asia home to 6 of world’s most expensive office markets

Hong Kong's Central district is once again the world's priciest prime office market, with five other Asian markets joining the top 10, according to...
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...
BlueRidge 3 (image: Ascendas India Trust)

Ascendas India Trust forward purchases IT development in Pune

Ascendas India Trust has forward purchased an IT complex development in Pune, Maharashtra, as it grows its existing footprint in the Indian city. The trust...
AOF

Charter Hall, Abacus launch takeover bid for Australian office fund

Australian-listed property groups Charter Hall and Abacus Property have made a joint takeover offer for the Australian Unity Office Fund after acquiring a 19.9%...
The Zenith complex (image: Centuria)

Starwood, Arrow Capital snap up Sydney’s Zenith tower for US$306m

Starwood Capital and private property firm Arrow Capital Partners have acquired the Zenith office complex on Sydney’s North Shore from fund manager Blackrock and...
Sydney

Finding extra value in Australia’s office market

This story appeared in the first issue of APAC Real Estate magazine. Yields in Sydney and Melbourne's CBD office markets are extremely tight,...