Australian Property Markets News Better Informed. Better Decisions Frasers has announced the sale of the iconic Sofitel Wentworth in Sydney to two local firms backed by KKR for $315m.
Read More »Frasers Sell Sydney Sofitel for $315m
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Charter Hall acquires future mixed use precinct in Brendale
Charter Hall has paid $19.7 million for an industrial property at Brendale that will ultimately become a comprehensive mixed used project adjacent to Strathpine Train Station.
Read More »Former Aged Care Home Sells With Vacant Possession
Another vacant aged care home has sold in Victoria making it two sales in as many weeks for the asset class which only had a handful of transactions on file over the past 4 years.
Read More »Charter Hall acquire Treasury Casino building for $248m
The Star Entertainment Group has announced it has reached a $248 million sale and partial leaseback accord for its Treasury Casino and Hotel in Brisbane.
Read More »ASX AREIT Weekly Update 29/10/2021
The ASX200 AREIT Index this week was down 2.7%
Read More »September Retail sales up 1.3% as some restrictions ease
Australian retail turnover rose 1.3 per cent in September 2021, seasonally adjusted, according to the Retail Trade figures released today by the Australian Bureau of Statistics (ABS).Â
Read More »Boutique office development changes the landscape in Macquarie Park
Construction is underway on a speculative $90 million, boutique office development in Macquarie Park amid ongoing tenant interest in suburban Sydney workspaces.Â
Read More »GPT Wholesale Office Fund prices inaugural Green Bond for $250 million
The GPT Group had made a further commitment to a more sustainable future with the GPT Wholesale Office Fund pricing an inaugural Green Bond for $250 million for a tenor of 10 years.
Read More »AMP Capital completes $800 million redevelopment of Karrinyup Shopping Centre
AMP Capital and Multiplex have completed the $800m redevelopment of Karrinyup Shopping Centre on behalf of UniSuper.
Read More »Vicinity Centres Join Click Frenzy in new strategic partnership
Global Marketplace (GMP) and Vicinity Centres (Vicinity), have today announced a strategic partnership combining the national physical footprint of Vicinity’s 61 retail destinations with leading e-commerce events, data and marketplace owner GMP.
Read More »Brisbane CBD office leasing up as market confidence grows
A full floor in a premium Brisbane CBD office building has been leased as market confidence continues to grow
Read More »Two Service Centres Hit the Market
Two 7-Eleven service Centres have hit the market via Stonebridge Property Group offering long leases in quality locations in Melbourne and Canberra.
Read More »New Office for Brisbane’s North Quarter precinct
Morris Property Group unveils its plans for Eagle Terrace – a next generation, $250 million + office building in Brisbane’s North Quarter precinct.
Read More »Centuria Expand its Agricultural Interests
Centuria Capital Group has announced the acquisition of an agricultural property in Warragul, VIC for $177m.
Read More »Charter Hall acquires high quality brownfield site on sale and leaseback in Minto, NSW
Charter Hall Group have confirmed that its flagship $8.5 billion wholesale industrial and logistics fund, Charter Hall Prime Industrial Fund, has acquired a 100% interest in a large brownfield redevelopment site on a 12-month sale and leaseback to Toyo Tyres for $75.3 million, reflecting a holding yield of 3.3%.
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