Weekly Transaction Update – 16th Dec

16 December 2016

For Week ending 16th Dec 2016 This week recorded 20 significant transactions across the market with over $2.0B of deals changing hands. The largest deals announced this week was the 50% portfolio sale of 13 office building in New Zealand to CPBIB for $550M followed by Stan Perron’s acquisition of GPT’s 50% stake in Westfield Woden for $335M. GPT have also been busy with the acquisition of 111 Eagle St Brisbane for $284.2M. Growthpoint Properties announced their portfolio sale of 4 industrial assets for $142.5M to Singapores MappleTree Logistics Trust. These assets appear to have traded at a yield of 8.4% and have an average lease expiry of 6.6 years. Scoll through the list below or head to the Australian Property Transaction Data Map for further details. This Weeks deals