Investment News

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.

Melbourne is the top location for commercial property investors in Australia toppling Sydney as the preferred destination, according to a new survey. The CBRE 2018 Asia Pacific Investor Intentions Survey revealed the Victorian capital is …

Real estate investment firm Qualitas has unveiled one of the country’s largest-ever industrial portfolio deals, snapping up the Allied Pinnacle property portfolio in a sale and lease-back deal worth about $400 million.

Melbourne investment firm Folkestone Education Trust have snapped up nine Brisbane properties worth more than $63 million, expanding its footprint in the booming childcare real estate market. The centres were sold on a leaseback arrangement with Avenues …

French shopping centre giant Unibail-Rodamco’s $30 billion takeover bid for Westfield’s international shopping centre empire has received the green light from federal Treasurer Scott Morrison, as heavyweight offshore fund managers say a rival bid is unlikely to emerge for the Frank Lowy-led mall empire.

Prime Sydney office towers are changing hands at record rates and buildings are selling at prices well above those during the last property boom.

The ACCC has finally cleared the $1.2bn Accor takeover of the Mantra Group, with the combined venture to own over 200 hotels across Australia. The deal has been under consideration since October.