News on REITS & Property Groups

ESR raises A$540 million with the first close of ESR Australia Development Partnership II

ESR, APAC’s largest real asset manager powered by the New Economy, has raised A$540 million for a substantial anchor close of its new venture, EADP II, a develop-to-core logistics fund that will further expand ESR Australia's strategy of delivering premium, sustainable and human-centric designed industrial estates.

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Gurners’ Pipeline Swells to over $2bill with new QLD Office

Multi-billion-dollar developer GURNER™ has solidified its Queensland presence with a high-profile local senior team and a new office location, building on the developer’s Melbourne Head office and recently announced Sydney expansion.

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$75m No Gap Private Hospital Groundbreaking

Construction of Adeney Private Hospital, which will be operated by a doctor-led joint venture with Medibank, is underway with developer Centuria breaking ground on the $75million, four-storey building today.

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Stockland and Compost Revolution promote circular living through first-of-its-kind program

Stockland and Compost Revolution have teamed up to deliver a first-of-its-kind program to empower, educate and equip Stockland’s masterplanned communities to support the better disposal of organic waste, reducing landfill and avoiding greenhouse gas emissions in the process.

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Centuria and MA Financial Secure $223m Allendale Square Office Tower

Centuria Capital Group (ASX: CNI) and MA Financial Group have conditionally secured one of Perth’s well-known A-Grade office towers, “Allendale Square,” through a 50:50 joint venture for $223million on a capitalisation rate of 7.25%.

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New North Sydney boutique office Blue & William reaches structural completion

North Sydney’s newest boutique office building, Blue & William, has celebrated a significant milestone today as it reaches structural completion and moves into the next phase of development with the installation of the building’s distinct terracotta façade.

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