Thursday, May 28, 2020
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Tag: Australia commercial real estate

Scape completes largest ever student accommodation acquisition in Australia for A$2bn

Evergreen, M3 Capital Partners’ principal investment vehicle, has sold its 6,875 bed Urbanest Australia Purpose Built Student Accommodation (PBSA) platform, to global...

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.

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.

EG sells retail centre on Goald Coast, Australia

EG, a real estate fund manager in Australia, has sold Circle on Cavill retail centre in Surfers Paradise on Goald Coast to...

ESR launches A$1bn Australian logistics partnership

APAC focused logistics real estate platform ESR Cayman Limited, listed on Hong Kong Stock Exchange, has launched ESR Australia Logistics Partnership (EALP),...

Cromwell sells 50% stake in Chatswood office building for A$120m

Cromwell Property Group has sold a 50% stake in 475 Victoria Avenue, Chatswood, a business centre in Sydney’s North Shore region, for...

Lendlease to sell Engineering business

Lendlease, the Australian property and infrastructure group, has entered into an agreement with Acciona Infrastructure Asia Pacific (Acciona) to sell its Engineering business...

Charter Hall announces A$1.25bn investment in Australia

Australian property investment company Charter Hall Group has agreed to acquire a 49% interest for A$840 million in a $1.7 billion portfolio comprising...

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...

Singapore’s Oxley acquires major stake in Australian Pindan Group

Singaporean property developer Oxley Holdings Limited (Oxley) has announced it will acquire full ownership of integrated property and construction company Pindan Group.