Foreign Commercial Investment News

Indonesia’s billionaire Halim family is taking on another billionaire, James Packer, in the race to develop one of the nation’s first ultra luxury six-star hotels. This article originally appeared on theaustralian.com.au/property.

The Lend Lease-managed fund APPF Commercial has acquired the first commercial tower in the $2 billion Melbourne Quarter project for more than $250 million. This article originally appeared on theaustralian.com.au/property.

Singapore-backed developer Frasers has won exclusive development rights for a site in the Western Sydney Parklands and plans to build a 50,0000sqm shopping mall. This article originally appeared on theaustralian.com.au/property.

The Queensland government is sounding out the market for interest in another regional casino ­resort, following the withdrawal of the multi-billion-dollar Aquis development. This article originally appeared on theaustralian.com.au/property.

China’s Han’s Group is emerging as the next major player in the Sydney CBD, lodging a development application for a $500 million mixed use development with one of the tallest buildings in the city. This article originally appeared on theaustralian.com.au/property.

Singapore hotel giant M&L Hospitality is aiming to dominate the Sydney CBD hotel market, kickstarting the development of a new mid-tier hotel in Sussex St. This article originally appeared on theaustralian.com.au/property.

The level of Chinese investment in commercial property markets globally has slipped in 2016, and Australia is not immune.

Singapore-based investors are setting the pace in buying Melbourne hotels with two major inner-city properties snapped up in the past few weeks. This article originally appeared on theaustralian.com.au/property.

Japanese property developer Sekisui House has brushed aside fears of crumbling inner-city apartment markets and splashed out a near-record $360 million for a site at Wentworth Point in Sydney. This article originally appeared on theaustralian.com.au/property.