ESR becomes Australia’s third largest industrial owner
ESR Australia today settled on a $3.8 billion purchase of 45 industrial investments – the Milestone collection – and a
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
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