News
Greystar Sells Sydney Logistics Site to Gateway for $55 M
1+ week, 3+ day ago (559+ words) 26 Ferndell Street as it still appeared in 2024 (Image: Google) Sydney-based Gateway Capital has purchased an industrial site in western Sydney from US multifamily specialist Greystar for about A$78 million ($55 million), as it bets on demand for high-end logistics properties close…...
Stockland Seeks Nod for 250 MW Melbourne Data Centre Campus
2+ week, 5+ day ago (480+ words) Stockland aims to redevelop 72-76 Cherry Lane in Laverton North under the plan (Image: Stockland) Australian builder Stockland has applied to redevelop a logistics estate in Melbourne into a 250-megawatt data centre campus, as the ASX-listed group advances plans to expand…...
Dexus to Invest $7. 2 B to Build Australia's Largest Logistics Estate
3+ week, 4+ day ago (660+ words) Boral's Ravenhall cement plant as seen in 2015 (Image: Boral) Australia's Dexus plans to invest more than A$10 billion ($7. 2 billion) developing a warehouse complex in western Melbourne in what the company described in an announcement on Tuesday as the largest logistics…...
Barings, Aware Buy Brisbane BTR Project From Frasers
3+ week, 6+ day ago (688+ words) The deal for the Brisbane project is expected to set a yield benchmark (Image: Cox Architecture) Singapore's Frasers Property has agreed to sell a nearly completed build-to-rent project in Brisbane to a vehicle set up by US investment manager Barings…...
Hale Capital Partners Buys Melbourne's Scoresby Industry Park
1+ mon, 3+ day ago (474+ words) Scoresby Industry Park has significant vacancy (Image: ISPT) Just over a month after closing on $532 million for its second Australia logistics fund series, Hale Capital Partners has purchased a Melbourne campus in what analysts describe as the city's biggest industrial…...
Australia's Dexus Shelves Plans for 80 Collins St Melbourne
1+ mon, 1+ week ago (445+ words) Asia Pacific real estate investment news and information 80 Collins St will have to wait a few more years (Image: Dexus) Australian real estate fund manager Dexus group has put plans for a A$1. 1 billion ($780 million) office tower in central Melbourne…...
Charter Hall Teams With Mitsubishi on Melbourne Industrial Park
3+ mon, 2+ week ago (523+ words) Asia Pacific real estate investment news and information Australian fund manager Charter Hall has formed a joint venture with Japanese property giant Mitsubishi Estate to develop an industrial park in Melbourne's western suburbs. The project will provide 40, 000 square metres (430, 556 square…...
Australia's Land Lease Sector Ready to Meet Needs of Investors
3+ mon, 4+ week ago (842+ words) Asia Pacific real estate investment news and information To meet the needs of this growing segment of the population, Macquarie Real Estate Partners (MREP), a real estate fund managed by Macquarie Asset Management's real estate division, in September last year…...
Roundup: Australia Home Price Growth Accelerated in January
3+ mon, 4+ week ago (645+ words) Asia Pacific real estate investment news and information Aussie home prices rose 0. 8%, quickening from December's 0. 6% gain (Image: CBRE) Housing markets around Asia Pacific dominate the headlines at the start of the month, with home prices in Australia climbing faster despite…...