Investment News

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.

Singapore-listed developer Lian Beng Group has flipped a Melbourne site for a tidy $10 million profit after owning it for less than two years. This article originally appeared on theaustralian.com.au/property.

Young businessmen Rhys Wil­liams and Alex Thorpe are scouring Sydney and Melbourne for inner-city sites to grow their fledgling Veriu contemporary hotel brand. This article originally appeared on theaustralian.com.au/property.

Sydney has arrived as a global investment hub, dragging $7.2 billion of offshore investment into its commercial property market last year and placing it seventh on a list of global cities for foreign investment. This article originally appeared on theaustralian.com.au/property.

Nine retail outlets leased to bulky goods chain The Good Guys have been sold for $92 million, in a series of deal spanning four states and involving multiple buyers.