Dexus commences transformation of MLC Centre retail precint in Sydney

GPT sells stake in MLC Centre for $800 million

The GPT Group has entered into a binding agreement with Dexus and Dexus Wholesale Property Fund to sell its 50 per cent...
CRE Herald commercial real estate news

Singapore largest source of Asian capital in global real estate

Singapore-based investors have continued its leaderships as the most active offshore real estate investor group in 2H 2018 in Asia, according to CBRE. In 2018,...
Sydney offica space

Sydney suburban office market continues to grow

The Sydney suburban office market continued to grow over the past 12 months with increasing of new supply across the South West, Inner West...

C&W acquires Australia’s Smith Brothers Group

Cushman & Wakefield has acquired South Australia’s largest trade services businesses, Smith Brothers Group (Smith Brothers). Cushman & Wakefield plans to enhance the company’s facilities...

Bank of Sydney to purchase CBD building in Sydney

Bank of Sydney will acquire 62 Pitt Street Sydney, accroding to the bank's statement.Bank of Sydney plans to make the CBD building bank's signature...
commercial office property

Elanor Investors Group acquires commercial office property in Perth

Elanor Investors Group, ASX-listed an investment and fund management business (“ENN” or “Group”), announced that it has launched a new fund management initiative, the...
Brisbane office market

Brisbane office tower sold to joint venture by JLL

Brisbane office tower, 288 Edward Street, was purchased by a new joint venture led by Heitman and Marquette and sale process managed by JLL’s...
Seoul commercial real estate

ARA Asset Management to acquire prime office building in Seoul,Korea

ARA Asset Management anoounced that it has signed an agreement to acquire prime office building, Seoul Square, via a new private real estate fund...
real estate in china

CapitaLand announces the first closing of CREDO I China

CapitaLand Limited announced the first closing of CREDO I China – the Group’s first discretionary real estate debt fund. US$750-million CREDO I China will...
Australian hotel news

AXA IM-Real Assets buys Australian hotel portfolio

AXA Investment Managers - Real Assets has acquired 831 room Australian hotel portfolio for A$330.4 million. The acquisition is one of the largest hotel transaction...
mega construction

CapitaLand completes the final skyscraper of Raffles City Chongqing

CapitaLand announced the completion of the eighth and final skyscraper of Raffles City Chongqing.The company plans to open the highly anticipated 1.12-million-square-metre (sqm) megastructure...
CRE Herald commercial real estate news

Hyatt and BTG Hotels to create new hospitality brand

Hyatt Hotels Corporation and BTG Hotels Co. have entered a strategic joint venture to create a new hospitality brand to expand across China. The...

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