Investment News

Superannuation fund-backed investment manager ISPT has finalised one of the largest office market deals of the year, taking a half-stake in Sydney landmark Westpac Place in a play valuing the tower at more than $1.7 billion.

A company backed by a Macau gaming dynasty has emerged as the buyer of a prize office complex opposite Sydney’s Hyde Park in a deal worth about $265 million.

Foreign investors are disappearing from Australia’s commercial property market but cashed-up self-managed super fund investors are moving in to fill the gap, a new industry report reveals.

An Armadale shop tenanted by AFL power couple Chris and Bec Judd’s ‘Jaggad’ brand has been sold. And that wasn’t the only AFL link to the space at 1033 High St, with another AFL great …

Perth office towers are beginning to trade at a brisk pace with two major complexes attracting buyers in deals worth more than $250 million in total with both local and international investors chasing deals.

Has the already raging childcare property market gone to yet another level?

Real estate investor Ashkenazy Acquisition Corporation and its partner Saudi Prince al-Waleed bin Talal, minority owners of New York’s Plaza Hotel, have agreed to buy full ownership in a deal that values the property at $US600 million ($800 million), according to sources.

Capital city growth in purpose-built student accommodation is unlikely to slow down soon as large institutional investors jump on board, attracted by solid potential returns. 

A Macau-backed investor has snapped up an office block on Melbourne’s Collins Street for $40.1 million as offshore money continues to chase opportunities in the city despite yields reaching eye-watering levels.