Lendlease names new Asia CEO
Lendlease has appointed Justin Gabbani as the group’s new chief executive officer, Asia based in Singapore. Lendlease said the appointment of Justin Gabbani as chief...
Office tower in Brisbane sells for A$285m
Dexus said on Tuesday it has agreed to sell 10 Eagle Street, a 34-level, 27,800 square metre, A-grade office tower in Brisbane for $285...
ESR Australia buys office and warehouse complex for A$71m
ESR Australia has acquired a fully leased office and warehouse complex, 44-50 Waterloo Road in Macquarie Park NSW for A$71 million. Anchored by Macquarie University’s...
Hyatt to grow brand portfolio in India more than 70% by 2023
Hyatt Hotels Corporation said Wednesday that it plans to grow its brand portfolio in India by more than 70% by 2023. With over 20 executed...
New Ease, QuadReal form $1bn China logistics partnership
China-based logistics real estate platform New Ease has formed a China logistics partnership, New Ease Gold Development L.P., with global real estate manager QuadReal...
Ares seeks to buy 100% of AMP Capital’s private markets businesses
Australian wealth management company AMP Limited said on Monday that Ares Management Corporation had expressed interest in acquiring 100 per cent of AMP Capital’s private...
Qualitas, Pelligra to develop mixed-use industrial project in Melbourne
Australian real estate investment management firm Qualitas has formed a joint venture with Melbourne-based developer Pelligra to develop a A$500m mixed-use industrial precinct, Assembly...
LaSalle fund expands portfolio in Japan with $321m investment
LaSalle Investment Management has acquired 10 properties in Japan, one large-scale logistics facility located in the Osaka metropolitan area and nine high-quality multifamily properties...
Dexus, Mercatus JV buys stake in Sydney office building for A$375m
Mercatus Dexus Australia Partnership, a new joint venture between Australian real estate group Dexus and Singapore's Mercatus Co-operative Limited, has agreed to acquire a...
Crown Resorts receives $6.2bn acquisition proposal from Blackstone
Australian casino operator Crown Resorts has received an acquisition proposal from Blackstone that values the company at A$8.02 billion ($6.2 billion). Crown Resorts said on...