Asian outbound commercial real estate investment surges to $54.6bn in 2021
After a muted year in 2020, Asian outbound commercial real estate investment surged 69% year-on-year (y-o-y) in 2021 to US$54.6 billion, surpassing 2019’s pre-pandemic...
Hines fund makes first logistics acquisition in Australia
Hines Asia Property Partners (HAPP) fund has made its first investment in Australia with the acquisition of four logistics properties in New South Wales...
GLP Japan logistics fund reaches $5.4bn assets under management
GLP has announced the second close of GLP Japan Income Fund (GLP JIF), Japan’s largest private open-ended logistics real estate income fund, with JPY...
Mirvac tells employees to work remotely to prevent Covid-19 spread
Australian property group Mirvac has announced measures to prevent the spread of COVID-19 infection within its workforce and wider community.
Mirvac said in a...
Lendlease sells JV stake in A$1.2bn North Sydney tower project
Lendlease has sold a 25 per cent joint venture interest in the Victoria Cross Over Station Development Tower which is expected to have an...
Singaporean REIT invests £101m in UK logistics development
Singapore-listed real estate investment trust (REIT) Frasers Logistics & Commercial Trust has agreed to acquire a prime freehold logistics development in Cheshire, North West...
Deloitte Australia new anchor tenant in AMP Capital’s Quay Quarter Tower
According to AMP Capital's announcement, Deloitte Australia will be the new anchor tenant with 10-year lease for 32,000 square metres in Quay Quarter Tower...
Dexus to buy APN Property to expand funds management business
Dexus is acquiring ASX-listed APN Property Group to further strengthen its funds management business.
Dexus has entered into a binding scheme implementation deed (SID) with...
Wynn Resorts terminates discussions with Crown Resorts
Just one day after Crown Resorts' announcement in relation to A$10 billion ($7.1 billion) takeover offer by Wynn Resorts, Las Vegas based Wynn Resorts...
Mapletree Industrial Trust completes acquisition of interest in US data centre portfolio
Mapletree Industrial Trust (MIT), a real estate investment trust (REIT) listed on the Main Board of Singapore Exchange, has completed the acquisition of the remaining...
Stamford to sell office property in Perth for A$67.8m
Stamford Land Corporation (Stamford) today announced that the trustee of Dynons Perth Trust, a wholly-owned subsidiary of the Company, has entered into a contract...
Tishman Speyer closes its largest-ever transaction with ByteDance
Tishman Speyer has closed a transaction with Chinese technology company ByteDance to sell and lease a combined 2.55 million square feet of office and...
