Tag: Australia commercial property
Dexus Australian Logistics Trust buys two industrial properties for $173.5m
Dexus Australian Logistics Trust, in which Dexus holds a 51% interest, has agreed to acquire two industrial properties, 37-39 Wentworth Street, Greenacre NSW (Greenacre)...
Primewest buys two shopping centres from Charter Hall
ASX listed Primewest (PWG), a property fund manager with over A$4.5 billion of assets under management across all mainland states of Australia and the...
ESR launches A$1 billion Australian logistics fund
ESR Cayman Limited (ESR), the APAC focused logistics real estate platform, has launched the ESR Australia Development Partnership (EADP), a new Australian develop-to-hold logistics...
Mark Steinert to retire CEO of Stockland
Stockland, the Australian Stock Exchange listed company, announced that Mark Steinert plans to retire as Chief Executive Officer and Managing Director after seven and a...
GPT retail portfolio value reduces by 8.8 percent
Australia’s property group and the ASX-listed company GPT Group announced that it has independently revalued its retail portfolio as at 31 May 2020. The...
Allianz, Charter Hall JV acquires Australian logistics portfolio for A$648m
A joint venture between (50:50) Allianz Real Estate and Charter Hall Group managed wholesale fund CPIF has signed a sale and purchase agreement to...
Nuveen Real Estate sells stake in Brisbane shopping centre for A$285m
Nuveen Real Estate, one of the largest real estate investment managers globally with US$130 billion of assets under management, has sold 75 percent stake...
NAB : Australian commercial property market sentiment falls in Q1 2020
Australian commercial property market sentiment fell 8 points to a below average 0 in the March quarter, according to The NAB Commercial Property Index...
Mirvac gets approval for industrial estate development in Auburn
Mirvac has received development approval from Cumberland Council for its most recent industrial estate at 300 Manchester Road, Auburn in Western Sydney. ASX-listed Mirvac plans...
Australian property sentiment falls sharply amid COVID-19 crisis
Property industry sentiment across Australia fell sharply to a record low amid COVID-19 pandemic crisis, according to the ANZ Property Council industry survey for the June 2020 quarter. Australian property industry...
