Asia real estate and outbound investment news
An A$3.6 billion ($2.3 billion) Brisbane casino resort backed by a pair of Hong Kong heavyweights has secured financing that allows the controversial development to press ahead despite opposition from preservationists and design groups.
Australian gambling and entertainment company Star… Read More>>
ESR Australia has put Brisbane’s State Law Building on the market with the sale expected to fetch upwards of A$275 million ($184 million), as the logistics specialist continues to offload non-core assets down under.
The Warburg Pincus-backed company, which has… Read More>>
Co-living provider Hmlet has secured HK$310 million ($40 million) in a new round of funding that will allow the Singapore-headquartered company to ramp up its presence across Asia Pacific.
The fresh cash comes as the shared housing operator implements a… Read More>>
Warburg Pincus-backed ARA Asset Management announced on Friday that it had acquired a commercial block in the central business district of Brisbane for a reported A$96.5 million ($68.8 million), in the latest in a series of big-ticket investments down under… Read More>>
The manager of Singapore-listed Mapletree Logistics Trust has agreed to spend A$105.0 million ($74.5 million) to add a distribution centre in Brisbane, Australia to the trust’s existing portfolio of logistics facilities, according to an announcement by the company to the… Read More>>
Singapore-listed Ascendas REIT continues to build out its portfolio of industrial properties as the manager of the real estate investment trust announced the acquisition of Cargo Business Park in Brisbane, Australia late last week.
A-REIT has agreed to acquire the… Read More>>
Singapore’s Rockworth Capital has added to its portfolio of Australian real estate assets with the purchase of 100 Edward Street, a grade B office asset in Brisbane for a sum of over A$60 million ($44.4 million), according to an announcement… Read More>>
Singaporean sovereign wealth fund GIC has taken on Brisbane’s biggest office deal of the year by purchasing a downtown office tower for A$370 million ($281 million) in the northern Australian city.
GIC, which has an estimated $359 billion in assets… Read More>>
Singapore-listed Ascendas REIT (A-REIT) has bought a 14-storey office tower on the outskirts of Brisbane for A$83.83 million ($66.6 million), marking the trust’s second acquisition of an office property in Australia.
The office deal in Brisbane, capital of the state… Read More>>
UK-based real estate specialists Savills Investment Management are continuing to deploy capital from their Savills IM Asia Pacific Fund (SIM APF), having picked up a second Australian asset through the pan-Asian open-ended vehicle, according to a statement today by the… Read More>>
