Investment News

The latest commercial property investment news and insights

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Record deals cap huge year for Geelong
A $115 MILLION deal to sell Geelong’s Transport Accident Commission headquarters capped off a big year for the region’s commercial real estate sector.
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Singapore tycoon plans more Australian hotels
Fresh from opening his latest Sydney CBD hotel, international billionaire hotel tycoon Michael Kum has at least two other real estate deals in play on Australia’s east coast.
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TAC building fetches Geelong’s biggest ever price
The Transport Accident Commission’s waterfront headquarters has sold in Geelong’s biggest-ever property deal.
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Hong Kong group pays $40m for Brisbane’s Emporium hotel
One of Brisbane’s most iconic ­hotels, the stylish Emporium in Fortitude Valley, has been picked up by Hong Kong’s Ovolo Hotels group in a deal worth about $40 million.
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Aussie shareholders to pocket record Westfield payout
Australian shareholders in Westfield will ­receive a record cash payout of $7.36 billion when the shopping centre empire is taken over by Europe’s Unibail-Rodamco, new data shows.
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SA outlook: Investors to cast eyes south in 2018
Agents in South Australia say investors are already pinpointing the southern state as a major target for 2018, with more attractive yields on offer than what they can find on the eastern seaboard.
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APDC puts data centre assets on block
Takeover target Asia Pacific Data Centre Group has put its assets up for sale with hopes of reaping $300 million for its data centre properties.
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KordaMentha buys up Exhibition St building
Advisory and investment group KordaMentha has bought a Melbourne office building and plans to launch a fund for retail investors to take a stake, through its property funds management business Placer Property. 
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Holden site redevelopment to be named “Lionsgate”
Pelligra Group has been named as the buyer of Holden’s former manufacturing site in Adelaide’s north but the Melbourne-based development company will not take control of the land until mid-2019 when decommissioning has been completed. 
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