Investment News

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.

Melbourne-based SB&G Hotel Group has snapped up two Watermark hotels in southeast Queensland from Japanese-owned HIS Co in a deal worth about $100 million. 

A pair of Singaporean groups, Roxy Pacific and Tong Eng. Group, are set to become the latest owners to cash in on Sydney’s office boom as they bring a Clarence Street building to market that could sell for than $160 million.

Chinese investment in Australian commercial property tumbled by 60% to just $2.83 billion last year, according to real estate agency Cushman & Wakefield, and there are warnings it could come under pressure as mainland regulators crack down on insurance companies.

More Asian and institutional cash is expected to flow to the Geelong region as major property investors seek to reap the rewards of strong population growth and higher retail spending.