Foreign Commercial Investment News

A department store brand not yet seen in Australia is among the luxury retailers being sought by the Star Entertainment Group to open at the $3 billion Queen’s Wharf development in Brisbane. This article originally appeared on theaustralian.com.au/property.

A St Kilda property touted for its development potential will instead remain as public housing, after a local housing group overcame developers and a gruelling buyer elimination process to secure the site.

Hong Kong-listed Far East Consortium has bought two lots in the Perth City Link project, with plans for a $219 million mixed-use development including a hotel and apartments. This article originally appeared on theaustralian.com.au/property.

Forget about baby formulas or ­vitamins, Australian homes could be the next hot commodity on China’s e-commerce market, particularly on WeChat, the popular Chinese chat app. This article originally appeared on theaustralian.com.au/property.

An Asian investor has snapped up the Woolworths-anchored Reedy Creek Village Shopping Centre, on the southern end of the Gold Coast, for $20.5 million.

Just a week after WA Premier Colin Barnett was on hand to turn the first sod at its $400 million mixed-use project, the Hong Kong-listed Far East Consortium has put The Ritz-Carlton Perth on the block. This article originally appeared on theaustralian.com.au/property.

Asian investor interest in Queensland’s leisure and tourism sector has been solidified with China Capital Investment Group’s $25 million acquisition of the perpetual lease of South Molle Island.

The United States has re-emerged as a dominant player in Australia’s commercial property market, eclipsing China as the biggest foreign investor in 2016.

Investors came hard for a KFC outlet in suburban Melbourne but many sat on their hands at a quiet Burgess Rawson investment auction on Wednesday.