Investment News

The company behind a $20m bid for 15,600ha of fire-damaged forestry land on Kangaroo Island claims the site’s owner faces a $100m “black hole” if the offer is rejected.

Perth’s CBD office market has remained one of the most robust in Australia, despite COVID-19 transitioning businesses from traditional workplaces to work-from-home set-ups. Industry analysts say it is largely due to the booming resources sector.

Funds manager at AMP Capital says its joint venture with Ares Management Corporation could deliver significant benefits for investors across its $28bn property arm.

AMP’s funds unit has signalled its commitment to its flagship office fund as it prepares for a process that could see it take on a new manager to steer the $7bn wholesale trust.

Childcare property owner has turned in a $58.7m profit and says it’s on track after the coronavirus crisis.

Centuria Capital Group has upgraded fiscal 2021 distribution per security guidance as its property empire tops $10bn.

While residential purchases are often judged on how they look, commercial property transactions are driven by more practical considerations.

Australia’s commercial property has become even more popular with overseas investors looking at Asia Pacific.

Flights to Cairns, meals at a top Adelaide restaurant, and luxury resort accommodation near Far North Queensland’s Daintree were some of the tools used by Mayfair 101 executives to draw in about $210m from investors.