Perth Archives - Mingtiandi

PAG Buying Perth Mall From CPPIB-Backed Fund After Price Slides 25%

Michael Cole — Thu, 21 Sep 2023 15:23:20 +0000

Asian private equity powerhouse PAG has made its second opportunistic property purchase in Australia within less than two months with the pick-up of Perth mall for a figure said to be around a quarter less than what its owners were... Read More>>

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GIC Markets Half-Stake in $332M Perth Mall and More Asia Real Estate Headlines

Christopher Caillavet — Mon, 03 Jul 2023 10:11:01 +0000

In today’s roundup of regional news headlines, Singaporean giant GIC seeks a buyer for its 50 percent stake in an Australian mall, and signs of weakness in China’s property market continue to mount as developers pull back on land buys.... Read More>>

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Singapore’s ARA Eyes Exit From Office Tower in Perth for $65M

Beatrice Laforga — Mon, 09 May 2022 12:25:59 +0000

ARA Asset Management is marketing an office tower in Perth, Australia at an asking price of A$90 million ($65 million) in a bid to exit the nearly filled building as the market begins to rebound following the border reopening, marketing... Read More>>

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GIC Pays Brookfield $170M for 25% Stake in Perth Office Project

Christopher Caillavet — Wed, 10 Feb 2021 13:35:21 +0000

GIC has signalled its continued interest in Australia with the purchase of a quarter stake in Chevron’s under-construction headquarters building in Perth from asset management firm Brookfield.

The Singaporean sovereign wealth fund agreed to pay A$220 million ($170.3 million) for... Read More>>

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GIC Said to Buy Perth’s Exchange Tower for A$320M

Jan Kot — Sun, 21 Oct 2018 03:37:06 +0000

Singapore’s sovereign wealth fund GIC is said to have successfully won a tender for a prime office building in Perth, Australia, paying more than A$320 million ($228 million) to the building’s existing joint owners AMP Capital and Primewest, according to... Read More>>

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Blackstone, Navis Sell Aussie Residential Assets to GIC JV

Greg Isaacson — Tue, 29 May 2018 12:25:27 +0000

Singapore’s $359 billion sovereign wealth fund GIC is building on a string of residential investments globally by joining with a local partner to acquire a set of gated communities in Western Australia from Blackstone and its Malaysia-based partner Navis Capital... Read More>>

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Gaw Buys Aussie Office Block for Student Housing Project

Michael Cole — Wed, 07 Dec 2016 10:25:06 +0000

Gaw Capital has agreed to acquire a 20,000 square metre office property in Perth, Australia for conversion into a 500 bed student housing facility, according to an announcement this week by the Hong Kong-based real estate private equity firm.

While... Read More>>

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