Australian commercial property activity reaches record high in 2021

Australian commercial property activity reaches record high in 2021, says RCA

Australian commercial property sales activity set a new annual record in 2021 of $70.8 billion, climbing 69% on a subdued 2020 deal total as...
industrial property in Western Australia

Lendlease acquires industrial site in Western Australia

The Lendlease-managed Australian Prime Property Fund (APPF) Industrial has acquired an industrial site at 45 Boom Street in Gnangara, Western Australia. The land area of...
WeWork slashes rent costs by $8bn, aims for May Chapter 11 exit

WeWork slashes rent costs by $8bn, aims for May Chapter 11 exit

WeWork, the global workspace provider, announced significant progress in its real estate and financial restructuring efforts, positioning itself for emergence from Chapter 11 in...
Mirvac launches $750 million placement

Mirvac launches $750 million placement

Mirvac has launched a $750 million placement to fund strategic growth initiatives. Mirvac announced that it would undertake an equity raising comprising of a fully...
AFIAA buys Sydney office property from Brookfield

AFIAA buys Sydney office property from Brookfield

Swiss investment foundation AFIAA has acquired the 36 Carrington Street office and commercial property in Sydney from Brookfield for an undisclosed price. The transaction...
Blackstone to acquire stake in Dexus Australia Logistics Trust for A$2.1bn

Blackstone to acquire stake in Dexus Australia Logistics Trust for A$2.1bn

Blackstone has agreed to acquire Singapore wealth fund GIC's 49% stake in the Dexus Australia Logistics Trust, an existing joint venture with Dexus that...
CBRE IM raises US$1.74bn for Asia value-add fund

CBRE IM raises US$1.74bn for Asia value-add fund

CBRE Investment Management has raised US$1.74 billion for its sixth pan-Asia value-add fund, CBRE Asia Value Partners VI(AVP VI). ''This exceeds the initial...
Hong Kong’s FEC divets two properties in UK for £17.2m

Hong Kong’s FEC divests two properties in UK for £17.2m

Hong Kong-based Far East Consortium International Limited (FEC) has agreed to divest two properties in the UK for 17.2 million. The buyer is Boundary Park Holdings Ltd, a...
AXA IM Alts sells new office building in Tokyo

AXA IM Alts sells new office building in Tokyo

AXA IM Alts has sold its newly completed a c. 4,000 sqm office building in Roppongi in Tokyo, Japan to a Korean-based investment and...
Macquarie to acquire AMP Capital's global equity, fixed income business

Macquarie to acquire AMP Capital’s global equity, fixed income business

Macquarie Group (Macquarie) said Thursday that its asset management arm Macquarie Asset Management (MAM) has agreed to acquire AMP Capital’s global equity and fixed...
CapitaLand gets largest sustainability-linked loan in Singapore’s real estate sector

CapitaLand gets largest sustainability-linked loan in Singapore’s real estate sector

CapitaLand has obtained a S$500 million sustainability-linked loan from United Overseas Bank (UOB).The loan is the largest sustainability-linked bilateral loan in Singapore’s real estate...
Goldman Sachs, New Ease JV buys $488m China logistics assets

Goldman Sachs, New Ease JV buys $488m China logistics assets

Warburg Pincus-backed logistics property developer New Ease and Goldman Sachs Asset Management have jointly acquired two collection of logistics real estate projects in gateway...

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