Foreign Commercial Investment News

A high-flying Brunei prince has emerged as the latest global heavyweight to cash in on Melbourne’s property boom, nabbing a near 40% premium on an office tower in less than two years. This article originally appeared on theaustralian.com.au/property.

The Gold Coast’s re-emergence as an international holiday hotspot has been given a major boost, with Hong Kong billionaire Tony Fung planning a $440 million six-star beachside hotel.

Australia’s booming market for purpose-built student accommodation, having caught the attention of some of the world’s largest investors, could be on the precipice of oversupply. This article originally appeared on theaustralian.com.au/property.

Gaming giant The Star Group has won approval for a lavish 55-level six-star hotel and apartment tower on the Gold Coast, as more global hoteliers flag interest in Australia’s cramped hospitality sector. This article originally appeared on theaustralian.com.au/property.

A Gina Rinehart-led takeover offer for S. Kidman & Co, Australia’s largest landholder, has been waved through by Treasurer Scott Morrison, bringing an end to the long-running sale saga. This article originally appeared on theaustralian.com.au/property.

Chinese buyers are still coming to the Victorian capital as the mystery buyer of former Toll Holdings chief Paul Little’s $60 million Docklands twin towers development is revealed. This article originally appeared on theaustralian.com.au/property.

Call them Sydney’s own twin towers. This article originally appeared on theaustralian.com.au/property.

Boston-based investment manager AEW Capital Management is looking to enter the local market with the purchase of a B-grade tower in Sydney’s Clarence St for close to $170 million. This article originally appeared on theaustralian.com.au/property.

Eager investors have splurged more than $12 billion on office space in Sydney and Melbourne alone in one year as the cash splash on Australian commercial property continues.