Dexus fund to merge with AMP Capital fund

Dexus fund to merge with AMP Capital fund

Australian real estate group Dexus has made a proposal to merge its fund with AMP Capital Diversified Property Fund. The company said on Tuesday that...
real estate equity fund

Greystar’s first close of its China focused fund with $450 million

Greystar Real Estate Partners together with its investment partners APG Asset Management N.V., Bouwinvest Real Estate Investors, and MIRA Real Estate announced the first...
Hhotels in India

Hyatt to open 14 new hotels during the next 24 months in India

Hyatt Hotels Corporation announced that 2019 will mark record growth for Hyatt in India. Expansion plans foresee the addition of over 2,100 guestrooms through...
Hyatt to open 21 new luxury hotels in Asia Pacific by 2020

Hyatt to open 21 new luxury hotels in Asia Pacific by 2020

Hyatt Hotels Corporation plans to open 21 new luxury hotels and resorts in Asia Pacific by the end of 2020. According to the announcement, the company...
Cromwell announces 11% increase in operating profit

Cromwell announces 11% increase in operating profit

Real estate investor and manager Cromwell Property Group reported full-year (FY19) statutory profit of $159.9 million (FY18 $204.1 million). Operating profit, considered by the...
Singapore office prices fall 3.9% in Q3 2019

Office space prices in Singapore fall 3.9% in Q3 2019

Prices of office space in Singapore's central region decreased by 3.9% in the third quarter of 2019, compared with the 0.9% increase in the...
City of Adelaide announces partnership for $400m redevelopment project

City of Adelaide announces partner for $400m redevelopment project

Lord Mayor Sandy Verschoor announced ICD Property as the development partner for the iconic Central Market Arcade, a A$400 million redevelopment project led by...
PropTech firms optimistic about growth of their market, says KPMG survey

PropTech firms optimistic about growth of their market, says KPMG survey

Real estate companies are increasing their engagement with digital, with 58 percent stating they have a digital strategy in place, up from 52 percent...
NAB : Australian commercial property market sentiment falls in Q1 2020

NAB : Australian commercial property market sentiment falls in Q1 2020

Australian commercial property market sentiment fell 8 points to a below average 0 in the March quarter, according to The NAB Commercial Property Index...
Dexus sells Grade-A office tower in Sydney for $530m

Dexus sells Grade-A office tower in Sydney’s CBD for $530m

Australian real estate group Dexus, the largest office landlord in the country, has sold 45 Clarence Street Sydney, an A-grade office tower in Sydney's...

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