Dexus moves to buy Collimate
Dexus has entered a Share Sale and Purchase Agreement for Collimate Capital Limited – the new name for AMP Capital’s
Read more
National
JLL replaces ANZ CEO
JLL has appointed Dan Kernaghan (pictured, top) as Australia and New Zealand chief executive officer. The former office leasing department
Read more
CBD office occupancy rises in March: PCA
CBD workers are heading back to their offices with occupancy rates in Melbourne, Sydney, and Canberra all more than doubling
Read more
Aware Super ups exposure in $2b Lendlease retirement living fund
Lendlease has sold a 24.9 per cent stake in its Retirement Living trust to Aware Super – Australia’s largest superannuation
Read more
Federal Budget 2022-23: how will it affect Australia’s key property sectors?
This is an excerpt of a Colliers Research report republished with permission. To download the full document, follow this link.
Read more
Charter Hall, PGGM buy out Irongate
Charter Hall with Dutch pension fund PGGM has signed a scheme implementation agreement to take over Irongate (IAP) for $1.3
Read more
NorthWest, GIC tip $2.4b into healthcare fund
Toronto listed NorthWest Healthcare Properties with Singapore sovereign wealth fund GIC will invest another $2.4 billion into a healthcare joint
Read more
Centuria, Morgan Stanley form healthcare fund
Centuria has formed a joint venture with Morgan Stanley Real Estate Investing to acquire and develop healthcare product. The Centuria
Read more
SRG snares WBHO Infrastructure
Western Australia based SRG Global has snapped up Probuild arm WBHO Infrastructure for $15.2 million. The deal was announced one
Read more
ADIA boosts exposure to industrial fund
The Abu Dhabi Investment Authority will tip over a billion dollars into the LOGOS Australian Logistics Venture, created with LOGOS,
Read more
WBHO calls in administrator for Probuild
Probuild has told its national workforce to down tools, with its parent, Johannesburg listed Wilson Bayly Holmes-Ovcon Limited (WBHO), putting
Read more
Daryl Browning quits ISPT
Daryl Browning will step down as ISPT chief executive officer after 17 years. In a statement, chair Rosemary Hartnett said
Read more
Blackstone spends $2.1b for stake in logistics portfolio
Blackstone, via its Core+ Real Estate strategy in Asia, will pay $2.1 billion for a 49 per cent stake in
Read more
Ampol servos collect $73.5m
Charter Hall has snapped up a 49 per cent stake in another portfolio of Ampol service stations. The 20 assets
Read more
Qualitas seeks to float
Qualitas, founded in 2008 by Andrew Schwartz and owned in equal part with backer Trawalla Group, directed by Alan and
Read more
Adairs snaps up Focus on Furniture
Adairs has snapped up smaller rival Focus on Furniture for $80 million. The deal gives the buyer control of 23
Read more
The Agency awarded $212,000 for false administration move
The federal court yesterday ordered a former The Agency board member pay $212,269 to the property broker for wrongly putting
Read more
Macquarie beefs up BTR presence
Macquarie Asset Management has invested in a Build to Rent company, Local, established by ex-Scape and Grocon acquisition manager Matthew
Read more
Damien Frawley joins Mirvac board
Mirvac Group has appointed outgoing Queensland Investment Corporation chief executive officer Damien Frawley as non-executive director of the board. The
Read more
Kylie Rampa appointed QIC CEO
Queensland Investment Corporation has appointed Kylie Rampa – who was raised in the state – as chief executive officer. Ending
Read more
Blackstone makes $1.7b play for DALT stake
Blackstone is looking to take out a 49 per cent stake in the $3.5 billion Dexus managed Australian Logistics Trust
Read more
Aventus, HomeCo REIT proposed to merge
Aventus (AVN), co-developed in 2004 by Brett Blundy and Darren Holland, and listed six years ago, is intending to merge
Read more
Ampol offers portfolio of surplus servos
Ampol is selling a portfolio of 18 service stations. The bulk are in regional locations in east coast states including
Read more
Nick Scali buys Plush
Nick Scali has purchased rival sofa retailer Plush from Greenlit Brands. The $103 million deal will see the buyer control
Read more
Growthpoint invests again in APN fund
Growthpoint Properties Australia is seeking to acquire 14.74 per cent of new securities for the APN Industria REIT (ADI). The
Read more
Charter Hall bids for ALE Property Group
Charter Hall – for its Long WALE REIT (CLW) and a trust managed for Hostplus – has entered a Scheme
Read more
HealthCo REIT soars on debut
Home Consortium’s HealthCo Healthcare & Wellness REIT (HCW) listed today. Units in the fund closed at $2.32 – or 16
Read more
Redcape proposes to delist
Postscript: shareholders voted to delist on September 10. Redcape Hotel Group directors have proposed to delist with a $247 million
Read more
GPT acquiring Ascot industrial, office portfolio
The GPT Group is paying Ascot Capital $681.7 million for a portfolio of 24 investments. Containing a total lettable area
Read more
ESR pays $7.1b for ARA AM
Hong Kong listed ESR is paying $7.07 billion (US$5.2b) for Singapore’s ARA Asset Management. The deal will see the buyer
Read more