Melbourne Archives - Mingtiandi

Singapore’s JL Family Office Buying Melbourne Shed for First Aussie Acquisition

Michael Cole — Sun, 29 Oct 2023 15:19:29 +0000

The Land Managers is making its first direct purchase in Australia after the real estate investment division of Singapore’s JL Family Office teaming up with unidentified co-investors to acquire a Melbourne logistics facility for A$26.5 million ($16.8 million), the company... Read More>>

The post Singapore’s JL Family Office Buying Melbourne Shed for First Aussie Acquisition appeared first on Mingtiandi.

Country Garden Sells Melbourne Project to Frasers After Bond Default

Michael Cole — Mon, 23 Oct 2023 05:18:25 +0000

Country Garden Holdings has agreed to sell an unfinished housing project near Melbourne, Australia to Singapore’s Frasers Property, market sources have confirmed to Mingtiandi, with the asset sale emerging during the same week that China’s largest developer formally defaulted on... Read More>>

The post Country Garden Sells Melbourne Project to Frasers After Bond Default appeared first on Mingtiandi.

Worldwide Follows Singapore Record Deal with $113M Melbourne Hotel Buy

Beatrice Laforga — Sun, 09 Jul 2023 06:56:52 +0000

After making the Lion City’s largest purchase of a single hotel earlier this week, Singapore’s Worldwide Hotels Group has followed up with an A$170 million ($112.8 million) buy of a high-rise hotel in downtown Melbourne from one of its compatriots.

Mainland Buyer Picks Up Melbourne Mall as Chinese Investors Return to Oz

Beatrice Laforga — Fri, 05 May 2023 11:21:48 +0000

An investor from mainland China has acquired a boutique shopping centre in Melbourne from local property fund manager MPG Funds Management, as Chinese investors are helping to drive a rebound in Australian property deals.

MPG, through its MPG Retail Brands... Read More>>

The post Mainland Buyer Picks Up Melbourne Mall as Chinese Investors Return to Oz appeared first on Mingtiandi.

Mainland Chinese Buyer Scoops Up Melbourne Office Building for $20M

Christopher Caillavet — Tue, 18 Apr 2023 14:06:39 +0000

An unidentified mainland Chinese investor has acquired an ageing building in Melbourne’s central business district, marking the first major office deal of 2023 in Australia’s second-largest city.

The 12-storey office block at 99 Queen Street changed hands after a competitive... Read More>>

The post Mainland Chinese Buyer Scoops Up Melbourne Office Building for $20M appeared first on Mingtiandi.

Hines Asia Fund Picks Up 2 Melbourne Logistics Projects

Christopher Caillavet — Wed, 31 Aug 2022 19:00:49 +0000

The flagship Asia Pacific strategy of US developer and fund manager Hines has entered Melbourne with the acquisition of two logistics properties from Honda Australia.

A project near the Melbourne airport in the suburb of Tullamarine will be the first... Read More>>

The post Hines Asia Fund Picks Up 2 Melbourne Logistics Projects appeared first on Mingtiandi.

GIC Buys Half-Stake in Amazon-Anchored Melbourne Project

Beatrice Laforga — Sun, 14 Aug 2022 12:40:24 +0000

Singapore’s GIC is buying a half slice of an A$800 million ($568.3 million) Melbourne office development from Charter Hall after the Australian property giant secured Amazon and Aware Super, the third largest pension fund in the country, as anchor tenants.

The post GIC Buys Half-Stake in Amazon-Anchored Melbourne Project appeared first on Mingtiandi.

GIC-Backed ESR Fund Acquires Five Melbourne Industrial Properties for $73.5M

Christopher Caillavet — Tue, 19 Jul 2022 13:11:48 +0000

Industrial specialist ESR has expanded its footprint in Greater Melbourne with the acquisition of five income-producing properties via a GIC-backed fund for A$106.5 million ($73.5 million).

The assets in the suburbs of Truganina, Kilsyth, Keysborough, Port Melbourne and Dandenong in... Read More>>

The post GIC-Backed ESR Fund Acquires Five Melbourne Industrial Properties for $73.5M appeared first on Mingtiandi.

CDL, HThree Buying Downtown Melbourne Office Tower From AMP for $162M

Christopher Caillavet — Thu, 30 Jun 2022 12:17:25 +0000

City Developments Ltd has teamed up with fellow Singaporean investor HThree City to acquire an 18-storey building in downtown Melbourne for A$236 million ($162.2 million), marking an expansion by property giant CDL into the Australian office sector.

The Grade A... Read More>>

The post CDL, HThree Buying Downtown Melbourne Office Tower From AMP for $162M appeared first on Mingtiandi.

Goodman Sells 3 Melbourne Industrial Properties to Singapore’s FLCT for $42M

Christopher Caillavet — Mon, 13 Jun 2022 10:24:45 +0000

Frasers Logistics & Commercial Trust has agreed to acquire three newly completed industrial properties near Melbourne for A$61 million ($42.5 million), as the REIT continues to spend cash obtained from the disposal of a Singapore commercial complex earlier this year.