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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...
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...
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...
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,...
Warehouse

GPT buys five logistics warehouses in Sydney for US$147m

Australian property firm GPT has snapped up five prime logistics properties in Sydney for A$212m (US$146.8m) and started a new development in Melbourne's west. The...
The proposed Citadines Connect Sydney Airport (image: Ascott REIT)

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...
Ross Lees (image: Centuria)

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...

The top 10 biggest Asia Pacific property deals of 2018

The Asia Pacific real estate market had a bumper year in 2018, reaching the second highest level of deal activity in history. It was a...
MLC Centre (image: Dexus)

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%...
Hotel

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...
1 Talavera Road, Macquarie Park (image: Dexus)

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...
Tjarko Edzes (image: Bouwinvest)

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...
Sydney

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...
MLC Centre

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...
Sydney

German Deka bags Sydney asset for A$56m

Deka Immobilien, the property arm of German banking group Deka, has bought a stake in a commercial building occupied by luxury retailer Bulgari in...