Australian office vacancy up again: PCA
Australian office vacancy rose again – as several buildings which formed part of a development wave that started before COVID
Read moreAustralian office vacancy rose again – as several buildings which formed part of a development wave that started before COVID
Read moreSpeculative media reports linking the suicide of Metricon co-founder Mario Biasin to a potential company collapse have forced acting managing
Read moreMario Biasin, who co-founded Metricon Homes in 1976, died this morning, aged 71. He was understood to have been suffering
Read moreChris Chapple (pictured, top) will replace Daryl Browning as ISPT chief executive officer at an as-yet-undisclosed date, expected to be
Read moreFawkner Properties has acquired a portfolio of 29 convenience retail assets from ASX-listed Waypoint REIT, formerly known as the Viva
Read moreDexus has entered a Share Sale and Purchase Agreement for Collimate Capital Limited – the new name for AMP Capital’s
Read moreJLL has appointed Dan Kernaghan (pictured, top) as Australia and New Zealand chief executive officer. The former office leasing department
Read moreCBD workers are heading back to their offices with occupancy rates in Melbourne, Sydney, and Canberra all more than doubling
Read moreLendlease has sold a 24.9 per cent stake in its Retirement Living trust to Aware Super – Australia’s largest superannuation
Read moreThis is an excerpt of a Colliers Research report republished with permission. To download the full document, follow this link.
Read moreCharter Hall with Dutch pension fund PGGM has signed a scheme implementation agreement to take over Irongate (IAP) for $1.3
Read moreToronto listed NorthWest Healthcare Properties with Singapore sovereign wealth fund GIC will invest another $2.4 billion into a healthcare joint
Read moreCenturia has formed a joint venture with Morgan Stanley Real Estate Investing to acquire and develop healthcare product. The Centuria
Read moreWestern Australia based SRG Global has snapped up Probuild arm WBHO Infrastructure for $15.2 million. The deal was announced one
Read moreThe Abu Dhabi Investment Authority will tip over a billion dollars into the LOGOS Australian Logistics Venture, created with LOGOS,
Read moreProbuild has told its national workforce to down tools, with its parent, Johannesburg listed Wilson Bayly Holmes-Ovcon Limited (WBHO), putting
Read moreDaryl Browning will step down as ISPT chief executive officer after 17 years. In a statement, chair Rosemary Hartnett said
Read moreBlackstone, via its Core+ Real Estate strategy in Asia, will pay $2.1 billion for a 49 per cent stake in
Read moreCharter Hall has snapped up a 49 per cent stake in another portfolio of Ampol service stations. The 20 assets
Read moreQualitas, founded in 2008 by Andrew Schwartz and owned in equal part with backer Trawalla Group, directed by Alan and
Read moreAdairs has snapped up smaller rival Focus on Furniture for $80 million. The deal gives the buyer control of 23
Read moreThe federal court yesterday ordered a former The Agency board member pay $212,269 to the property broker for wrongly putting
Read moreMacquarie Asset Management has invested in a Build to Rent company, Local, established by ex-Scape and Grocon acquisition manager Matthew
Read moreMirvac Group has appointed outgoing Queensland Investment Corporation chief executive officer Damien Frawley as non-executive director of the board. The
Read moreQueensland Investment Corporation has appointed Kylie Rampa – who was raised in the state – as chief executive officer. Ending
Read moreBlackstone is looking to take out a 49 per cent stake in the $3.5 billion Dexus managed Australian Logistics Trust
Read moreAventus (AVN), co-developed in 2004 by Brett Blundy and Darren Holland, and listed six years ago, is intending to merge
Read moreAmpol is selling a portfolio of 18 service stations. The bulk are in regional locations in east coast states including
Read moreNick Scali has purchased rival sofa retailer Plush from Greenlit Brands. The $103 million deal will see the buyer control
Read moreGrowthpoint Properties Australia is seeking to acquire 14.74 per cent of new securities for the APN Industria REIT (ADI). The
Read moreCharter Hall – for its Long WALE REIT (CLW) and a trust managed for Hostplus – has entered a Scheme
Read moreHome Consortium’s HealthCo Healthcare & Wellness REIT (HCW) listed today. Units in the fund closed at $2.32 – or 16
Read morePostscript: shareholders voted to delist on September 10. Redcape Hotel Group directors have proposed to delist with a $247 million
Read moreThe GPT Group is paying Ascot Capital $681.7 million for a portfolio of 24 investments. Containing a total lettable area
Read moreHong Kong listed ESR is paying $7.07 billion (US$5.2b) for Singapore’s ARA Asset Management. The deal will see the buyer
Read moreThe office vacancy rate across Australia’s 18 key markets has increased since January to 11.9 per cent – the highest
Read moreLendlease has sold its Services business for $310 million. The group said the deal is part of a strategy to
Read moreESR Australia today settled on a $3.8 billion purchase of 45 industrial investments – the Milestone collection – and a
Read moreInvesta has appointed Peter Menegazzo as the group’s chief executive officer, effective July 1. The businessman will replace Jonathan Callaghan
Read moreDexus has made a $180 million cornerstone investment in the Australian Unity Healthcare Property Trust. As part of the partnership,
Read moreA Charter Hall trust – responsible for about a tenth of the group’s funds under management – has recorded a
Read moreCenturia is being rewarded for its decision to counter-cyclically invest in its Industrial REIT (CIP). Following a revaluation of its
Read moreSingapore sovereign wealth fund GIC will open an Australian office next year. The landmark Chifley Tower, in Sydney – which
Read moreSamsung Life and its real estate asset management subsidiary Samsung SRA have snapped up a 25 per cent stake in
Read moreFife Capital is reportedly paying $200 million for a portfolio of industrial, office and residential investments. The 39 properties were
Read moreTwelve months ago, the Australian office workforce was very much settled into the work-from-home routine and many questions were being
Read moreTwo major real estate platforms – the ASX-listed Centuria Capital Group and Primewest – are proposing to merge. If successful,
Read moreREA Group is seeking to acquire Mortgage Choice for $244 million. The broker, which amongst other things finds loans for
Read moreThe Agency Group is branching into commercial property. The ASX-listed real estate company has been investing heavily in its residential
Read moreWoolworths Group will separate its Endeavour Group, likely via a demerger, in June, 2021. The proposal was delayed a year
Read moreThe pandemic has had deep economic ramifications across the globe during 2020. This economic slow-down is evident through the fall
Read moreLendlease has sold another 25 per cent stake in its Retirement Village Living business. The deal, with Aware Super, is
Read moreH&M is preparing to shrink its Australian retail footprint. Two stores are on the line according to reports: Rockhampton and
Read moreLendlease chief executive Steve McCann will retire in June. Asia CEO Tony Lombardo (pictured, top) will replace him. Colleagues Kylie
Read moreThe Property Council of Australia’s twice-annual Office Market Report shows vacancy rose in every capital except Canberra – where it
Read moreColliers International has appointed Malcom Tyson as Australian chief executive officer. The agent will replace John Kenny who was last
Read moreA “purported administration” entered into by The Agency’s biggest shareholder yesterday will end on February 1 following federal court orders.
Read morePostscript: The federal court has reversed this decision. Read our story here. The Agency has been placed into voluntary administration
Read moreThe COVID-19 led collapse of the travel industry has claimed another 91 Flight Centre stores. The ASX-listed group announced in
Read moreSingapore sovereign wealth fund GIC will hold an 80 per cent stake in the ESR Australia Logistics Partnership (EALP) after
Read moreQantas is conducting a group wide review of its rented space, particularly corporate offices. The airline is headquartered at a
Read moreIn its first pure play industrial outlay, the federal government’s Clean Energy Finance Corporation will invest $50 million with Charter
Read moreCharter Hall Group and Singapore’s GIC are paying $682 million for a 49 per cent stake in 203 Australian petrol
Read moreKUBA Investments is making good on its promise to reposition the Napoleon Perdis business it acquired last April – replacing
Read moreMetcash is expanding its hardware sector presence with a $57 million bid for a 70 per cent stake in middleweight
Read moreWesfarmers will undertake a major restructure of its Target business, close up to 75 stores and re-brand another 92 as
Read moreBardot is back – but as an online-only store. Five months after entering voluntary administration, chief executive officer Basil Artemides
Read moreTens of thousands of Australian jobs were shed today as businesses plan for losses stemming and set to come from
Read morePublic auctions and inspections will be temporarily banned following a national cabinet decision earlier tonight. Service based retailers including beauty
Read moreCiting the difficulty operating its business given social distancing rules, Michael Hill has shut its global network of 304 jewellers
Read moreSpotlight Group has pulled Harris Scarfe out of receivership. The Melbourne based, family-owned Spotlight acquired the 170-year old Adelaide-founded department
Read moreHomewares retailer ISHKA was placed into voluntary administration today. Established in Melbourne’s Glen Iris 49 years ago – the family
Read moreIt was hoping to hit the ground running – taking on Aldi, Coles and Woolworths – but Kaufland in Australia
Read moreJeanswest’s Australia arm is the latest retailer to enter voluntary administration. The casual and maternity clothing company, founded by flamboyant
Read moreThe Entertainment & Education Group (TEEG) – the largest operator of family entertainment venues in the Asia Pacific – has
Read moreScape Australia is paying $2 billion for a portfolio of student accommodation units in Sydney, Melbourne, Brisbane and Adelaide. The
Read moreESR Cayman Limited will seed an office focused mandate using two wholly owned Sydney business parks, picked up as part
Read moreCharter Hall (CHC) is paying petroleum giant BP Australia Pty Limited $840 million for a 49 per cent stake in
Read moreHarris Scarfe – one of South Australia’s oldest retail chains – entered voluntary administration today after being put into receivership
Read moreValuation and advisory firm Landmark White has rebranded as Acumentis. The name is derived from two Latin words, it described:
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