Australia’s largest student accommodation portfolio sold to joint venture
AXA Investment Managers - Real Assets, Allianz and APG has partnered with Scape to acquire Australia’s largest student accommodation portfolio.
According to the announcement...
Grade-A office property in Canberra sold for A$256m
Centuria Metropolitan REIT(CMA) has acquired NewActon Nishi Building, a high quality Grade-A commercial office property in Canberra for A$256 million.
Centuria will raise $185...
Commercial property in Melbourne sold for A$24M
Singapore's The Straits Trading Company Limited has agreed to acquire a commercial property located in Mulgrave, Victoria, Melbourne for AUD24.0 million (approximately SGD22.3 million),...
Hong Kong’s CIC launches first mega construction innovation expo
Hong Kong based Construction Industry Council (CIC) announced the “Construction Innovation Expo 2019” (CIExpo) which will be held from 17 to 20 December 2019....
Scentre buys stake in Perth shopping centre for A$570M
Scentre Group has acquired a 50% interest in Garden City Booragoon shopping centre, Perth for A$570 million, inclusive of long-term property management, brand and...
GDS buys data center campus in Beijing for US$348M
GDS Holdings, a developer and operator of data centers in China, has agreed to acquire a data center campus in the Shunyi district of...
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...
Prologis increases investments in China
Global logistics real estate company Prologis, Inc. announced the expansion of its development venture in China which increased its development capacity to more than US$3.5 billion...
Parramatta office property sold for $A105.3M
SC Capital Partners, on behalf of its SCORE+ Fund has exchanged contracts to acquire Two Wentworth Street, an office property in Parramatta, NSW from...
Stockland gets approval for commerial precinct in Sydneys Macquarie Park
Stockland announcd it has received development approval for the masterplan and first stage of its A$500 million M_Park development at Macquarie Park in Sydney...
Singapore’s Mapletree closes Australian commercial trust at A$654M
Mapletree Investments has closed a new Australian private commercial trust, MASCOT Private Trust (MASCOT), at about A$654 million (S$608 million) in total fund equity....
GLP launches US$2.1bn China fund
GLP, a global investment manager and business builder in logistics, real estate, infrastructure, finance and related technologies, has launched a new China fund, GLP...
