Lendlease, Mitsubishi Estate form new JV for Sydney residential tower
Lendlease has established a joint venture with Mitsubishi Estate to deliver Residences Two, the second residential tower at One Sydney Harbour, Barangaroo.
Under the terms...
Mapletree Logistics Trust to acquire cold storage facility in Melbourne
Singapore-listed Mapletree Logistics Trust (MLT) is acquiring a cold storage facility at 5-17 Leslie Road and 6-10 Pipe Road in Melbourne, Victoria, Australia for...
Asia Pacific prime office markets see uneven recovery: Knight Frank
Global property consultancy firm Knight Frank has released its Asia Pacific Prime Office Rental Index for Q3 2021.
The index saw a 0.3% quarter-on-quarter decrease, and a...
Hines’ Pan-Asian fund makes first investment in Japan
Hines has acquired the New Stage Yokohama office building in the Yokohama submarket in the Greater Tokyo area.
The asset was purchased off-market on...
Ascott forms US student housing venture with Riyad Capital
Singapore-based CapitaLand’s wholly owned lodging business unit The Ascott Limited (Ascott) has formed a development venture totalling US$150 million (S$204.8 million) in committed equity...
ARA appoints CIO for private funds business
ARA Asset Management has appointed David Blight as chief investment officer of its private funds division, ARA Private Funds (APF).
APF is led by Moses...
GIC buys 50% interest in Charter Hall’s Melbourne office tower project
Charter Hall Group's Prime Office Fund has sold a 50 per cent interest in 555 Collins Street office project, in Melbourne to Singapore’s sovereign...
Brookfield sells office tower in Perth, Australia
Lendlease’s Real Estate Partners 4 fund and Realside have agreed to acquire 108 St Georges Terrace, an office tower in Perth, Australia, from Brookfield...
Gaw Capital raises US$3bn for Asia Pacific real estate fund
Gaw Capital Partners has raised US$3 billion for its seventh Asia Pacific real estate fund, Gateway Real Estate Fund VII.
Following a similar opportunistic investment strategy...
Asia Pacific CRE investment recovery expected in mid-2024, says new survey
According to a recent survey by CBRE, a substantial number of investors are revising their projections for the revival of commercial real estate (CRE)...
Global real estate is at a ‘pivot point’, say ULI and PwC
Despite facing monetary headwinds and persistent economic uncertainty worldwide, there is a prevailing belief that the global real estate industry is at a crucial...
Global prime warehousing costs rise 1.7% in H1 2024
Global prime warehousing costs rose by 1.7% in the first half of 2024, bringing the average cost to $12.05 per square foot, according to...
