Friday, August 14, 2020
David Jones sells Bourke Street Mall menswear store in Melbourne for $121m

David Jones sells Bourke Street Mall menswear store in Melbourne for $121m

David Jones has sold its menswear store at 299 Bourke Street Mall to Australian-based investor Newmark Capital for $121 million, progressing with...
Ascott Residence Trust to sell serviced residences for S$191.4m

Ascott Residence Trust to sell serviced residences for S$191.4m

Singapore-listed hospitality trust Ascott Residence Trust (ART) has entered into two conditional agreements to sell serviced residences, Ascott Guangzhou in China and...
ESR-REIT and Sabana REIT announce proposed merger

ESR-REIT and Sabana REIT announce proposed merger

The managers of ESR-REIT and Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana REIT) jointly announced theproposed merger of ESR-REIT and...
Charter Hall funds buy industrial portfolio leased to Owens-Illinois Australia

Charter Hall funds buy industrial portfolio leased to Owens-Illinois Australia

Charter Hall Group managed two funds, the Charter Hall Prime Industrial Fund (CPIF) and Charter Hall Direct Industrial Fund No.4 (DIF4), have...
Cromwell to invest in data centre property platform

Cromwell to invest in data centre property platform

Cromwell Property Group, a real estate investment manager listed on the Australian Securities Exchange, has entered into a strategic partnership with Stratus...
Charter Hall Retail REIT acquires 52% interest in Adelaide distribution facility

Charter Hall Retail REIT acquires 52% interest in Adelaide distribution facility

Charter Hall Retail REIT announced it has purchased a A$111.8 million or 52% interest in a A$215 million purpose-built distribution facility fully...
ESR completes the largest logistics warehousing project in APAC

ESR completes the largest logistics warehousing project in APAC

APAC focused logistics real estate platform ESR Cayman Limited (ESR) announced the completion of ESR Amagasaki Distribution Centre (ESR Amagasaki DC) in...
Dexus Australian Logistics Trust buys two industrial properties for $173.5m

Dexus Australian Logistics Trust buys two industrial properties for $173.5m

Dexus Australian Logistics Trust, in which Dexus holds a 51% interest, has agreed to acquire two industrial properties, 37-39 Wentworth Street, Greenacre...
Frasers Centrepoint Trust to buy additional 12% interest in AsiaRetail Fund

Frasers Centrepoint Trust to buy additional 12% interest in AsiaRetail Fund

Singapore listed Frasers Centrepoint Trust (FCT), a retail real estate investment trust (REIT), said it will acquire additional 12% interest in AsiaRetail...
ESR, Manulife JV buys logistics real estate portfolio in China

ESR, Manulife JV buys logistics real estate portfolio in China

A joint venture between ESR and Manulife has acquired four institutional-grade logistics properties from Redwood China Logistics Fund (RCLF) for approximately RMB1.7...

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