Business News

Commercial property business news and insights.

Queensland Investment Corporation spends up on New York mall
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Queensland Investment Corporation spends up on New York mall
Queensland Investment Corporation has extended its US shopping centre portfolio in a trio of acquisition deals worth $1.06 billion. This article originally appeared on theaustralian.com.au/property.
Macquarie grows global reach with Stonehenge stake
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Macquarie grows global reach with Stonehenge stake
Macquarie Group is driving deeper into global real estate, taking a stake in Stonehenge NYC, which controls an empire of about 3000 apartments in Manhattan. This article originally appeared on theaustralian.com.au/property.
Mount Gravatt ATO office changes hands for $57m
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Mount Gravatt ATO office changes hands for $57m
LaSalle Investment Management has fought off local and international investors to land an ATO-leased office complex in Upper Mount Gravatt for $57m.
Defence Housing Australia grabs slice of western Sydney
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Defence Housing Australia grabs slice of western Sydney
Defence Housing Australia has finally bought into Sydney’s inner west with plans for a $100m residential development on the former ThyssenKrupp Elevator site. This article originally appeared on theaustralian.com.au/property.
Two becomes one as Harrison assumes Charter Hall leadership
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Two becomes one as Harrison assumes Charter Hall leadership
David Harrison has been unveiled as Charter Hall Group’s chief executive amid a shake-up of the $16b real estate funds empire. This article originally appeared on www.theaustralian.com.au/property.
Hunt on for Bendigo Hospital retail operators
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Hunt on for Bendigo Hospital retail operators
Food and convenience store operators are being sought to become the first tenants of Victoria’s new Bendigo Hospital.
Dexus in a fix over Investa management takeover
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Dexus in a fix over Investa management takeover
Investa Commercial Property Fund’s play for the management rights of the entire Investa platform could create new complications for Dexus Property Group. This article originally appeared on theaustralian.com.au/property.
Brisbane aims to double down on office growth
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Brisbane aims to double down on office growth
Brisbane’s office market was a surprise performer last year, with hopes the good news will roll on in 2016.
We’ll keep investing in Australian property: Blackstone
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We’ll keep investing in Australian property: Blackstone
The world’s biggest real estate investor, Blackstone, does not see the Australian commercial property market as overheated. This article originally appeared in theaustralian.com.au/property.
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