Foreign Commercial Investment News

Chinese investors are swarming over Australia’s hotel market, accounting for almost half of hotel purchases so far this year.

Brisbane’s office towers are on the radar of international investors in a fundamental shift in favour of the Queensland capital as offshore players look to invest. This article originally appeared on theaustralian.com.au/property.

Mining billionaire Gina Rinehart has defused the political controversy over the nation’s biggest ­cattle holdings by lodging a $365 million bid for the historic company. This article originally appeared on theaustralian.com.au/property.

Chinese demand for Australian commercial real estate is expected to remain strong with investors not deterred by tougher foreign investment rules, according to a senior HSBC executive. This article originally appeared on theaustralian.com.au.

Chinese-backed developer JQZ has bought the former factory site of confectionary company Darrell Lea in Sydney’s south for an estimated $80 million, with plans to build 550 apartments. This article originally appeared on theaustralian.com.au/property.

American hotelier Marriott Inter­national has confirmed it will launch a swag of new hotels in Australia including a six-star Bulgari and a JW Marriott. This article originally appeared on theaustralian.com.au/property.

Hainan Airlines is acquiring the Novotel Twin Waters resort on Queensland’s Sunshine Coast, in the Chinese carrier’s first foray into the Australian tourism industry.

One of Japan’s largest property houses, Mitsubishi, has emerged alongside China’s Ping An Insurance as the parties being courted as capital partners for Lend Lease’s proposed Circular Quay Tower. This article originally appeared on theaustralian.com.au/property.

The Singapore-listed Frasers Hospitality Trust has forged into the Melbourne hotel market with the purchase of the Novotel Melbourne on Collins from US giant LaSalle Investment Management. This article originally appeared on theaustralian.com.au/property.