Investment News

Leading shopping centre managers are tipped to bid for Commonwealth Superannuation Cor­p­oration’s half stake in Brisbane’s Indooroopilly Shopping Centre in a deal that could reap the fund up to $1 billion. This article originally appeared on theaustralian.com.au/property.

Offshore private investors have been snapping up Australian office assets at a faster pace over the past year, looking for yield in a nation seen as a relative safe haven. This article originally appeared on theaustralian.com.au/property.

Singapore’s Mapletree Investments has snapped up a $145 million ­office tower on Melbourne’s St Kilda Rd in a deal that shows the highest ever price for a building on the famed boulevard. This article originally appeared on theaustralian.com.au/property.

One of the nation’s largest hoteliers, Mantra, has bought the Art Series Hotels group in a $52.5 million deal, in a bid to boost its presence in the luxury sector. This article originally appeared on theaustralian.com.au/property.

Chinese investors are setting their sights on big box retail centres and larger retail properties, looking for defensive assets and income despite the focus on the looming entry of Amazon into Australia. This article originally appeared on theaustralian.com.au/property.

A Singaporean-owned group has paid $15 million for Perth’s 4.5-star waterfront hotel, the Sebel Mandurrah.

A Melbourne developer has secured a row of commercial properties on High St, Belmont in a well executed pre-auction raid.

Half a decade after buying Queensland’s Lindeman Island, the Chinese owners have finally revealed their redevelopment agenda — although the Great Barrier Reef resort is not slated to open for business until late 2021. This article originally appeared on theaustralian.com.au/property.

A property fund run by sector stalwart the GPT Group has made one of the most expensive shopping mall investments in Australia’s history, snapping up a 25% stake in Melbourne’s Highpoint Shopping Centre, in a $680 million purchase from the city’s wealthy Besen family. This article originally appeared on theaustralian.com.au/property.