Investment News

The powerful AMP Life operation is offering about $300m worth of units in one of the nation’s top retail landlords, the AMP Capital Shopping Centre Fund, for sale at a discount of about 7%.

Canadian behemoth Brookfield has won a major foothold in Australia’s retirement living sector, with Aveo shareholders voting to approve its takeover scheme.

Taiwanese-backed developer Shayher Group has added to the rush of commercial property purchases in Queensland, picking up Brisbane’s landmark Q&A Centre for about $395 million.

Australia has been named the top student accommodation market in the world as the sector matures in the eyes of global investors.

Funds inflow to property investment will continue, underpinning solid returns in the short term.

The former Masters property empire, now known as HomeCo, is set to list on the ASX in October after raising $300 million from investors keen to back the company’s growth alongside some of the country’s wealthiest families.

Our economic growth may be sluggish, inflation low and retail trade in recession, but compared to the rest of the world we are looking like an economic and political dream.

Southeast Asian and Chinese buyers remain the biggest investors in Australian residential real estate despite tough, ongoing government restrictions on foreign ownership.

Melbourne has locked in its status as a prime international investment destination with its central business district recording the greatest yield compression over the past three years across CBD office markets globally, real estate group Savills said.