Business News

Ingenia Communities has tapped institutional shareholders for another $60 million as it pushes the accelerator on an aggressive expansion strategy and adds another four communities to its portfolio. This article originally appeared on theaustralian.com.au/property.

Property tycoon Lang Walker has lodged the development application for two top-grade office towers at the $2 billion Parramatta Square project in Sydney’s west. This article originally appeared on theaustralian.com.au/property.

REST Super has succeeded in fighting off attempts by the listed Aveo Group to block it from attempting to dislodge the aged care outfit as manager of the Retirement Villages Group real estate trust. This article originally appeared on theaustralian.com.au/property.

Some of Sydney’s most iconic commercial buildings were lit up like never before as part of Sydney’s Vivid festival.

The NSW government has been forced to become master developer of Sydney’s White Bay Power Station site, saying the private sector’s proposals for the land involved too many apartments. This article originally appeared on theaustralian.com.au/property.

Singapore-listed ARA Asset Management is seeking more major assets in Australia as it gets deeper into due diligence on Dexus Property Group’s landmark Southgate complex in Melbourne. This article originally appeared on theaustralian.com.au/property.

The $55 billion First State Super has emerged as the backer of a new $400 million Lend Lease infrastructure fund that will hold stakes in Sydney’s Darling Harbour Live project. This article originally appeared on theaustralian.com.au/property.

Aged care market darlings ­Japara Healthcare, Regis Aged Care and Estia Health had almost $250 million wiped off their market values after being hit by a slew of analyst downgrades. This article originally appeared on theaustralian.com.au/property.

South Australia’s Motor Accident Commission has stepped up plans to offer its $600 million-plus property portfolio, with the state’s treasurer issuing a request for real estate experts to assist on the sale. This article originally appeared on theaustralian.com.au/property.