Investment News

Accor’s $200 million purchase of 15 budget hotels from the Abu Dhabi Investment Authority ­heralds the start of the French hotel chain’s long-term plan to dominate Australia’s fragmented hospitality sector. This article originally appeared on theaustralian.com.au/property.

A property fund managed by South African investment bank Investec has bought two suburban Sydney office properties from private equity giant Blackstone for $160 million, increasing its exposure to the buoyant NSW economy. This article originally appeared on theaustralian.com.au/property.

The United States proved to be the dominant foreign force in Australian retail investment in 2016, while Queensland tipped New South Wales out of top spot for sales.

A six billion dollar sales slump hasn’t stopped Australia’s commercial property investment market from powering into the New Year.

The level of foreign investment in Australian commercial property hit a record $10 billion last year and is not expected to peak any time soon. This article originally appeared on theaustralian.com.au/property.

Woolworths sale of 527 petrol stations to BP for almost $1.8 million wasn’t the only major deal that made headlines throughout 2016. Here are some of the biggest sales to have been signed off in the last 12 months.

Billionaire Lang Walker will build Parramatta’s largest ever skyscraper after securing an agreement with the NSW government to house thousands of public servants. This article originally appeared on theaustralian.com.au/property.

It consistently tops the list of Victoria’s most searched-for commercial property hotspots outside of the Melbourne CBD. And agents say Ballarat is in demand for a few key reasons.

Heavyweight property developers are eyeing construction of thousands of apartments on prime Sydney harbourfront after the Baird government reached a deal to move the Sydney Fish Market. This article originally appeared on theaustralian.com.au/property.