Investment News

One of Japan’s largest property houses, Mitsubishi, has emerged alongside China’s Ping An Insurance as the parties being courted as capital partners for Lend Lease’s proposed Circular Quay Tower. This article originally appeared on theaustralian.com.au/property.

The world’s largest real estate investor, Blackstone, expects the surge of offshore investment to continue as capital chases major office towers, shopping malls and logistics assets. This article originally appeared on theaustralian.com.au/property.

Australia’s eastern seaboard metro office markets are seeing increasing levels of investment as buyers find themselves priced out of the CBD or chasing juicier yields.

The Singapore-listed Frasers Hospitality Trust has forged into the Melbourne hotel market with the purchase of the Novotel Melbourne on Collins from US giant LaSalle Investment Management. This article originally appeared on theaustralian.com.au/property.

Steve Waugh’s fame as a cricketing legend on the subcontinent has opened doors for his fledgling property company, Waugh Global. This article originally appeared on theaustralian.com.au/property.

Investor interest in the retail investment market south of Brisbane is showing no signs of slowing, with a Foodworks-anchored convenience centre snapped up and the Coles Group placing a prime site on the market.

A prime 2.96ha waterfront development site in the heart of Townsville’s Breakwater Marina and near the Townsville Entertainment and Convention Centre has been placed on the market.

Sydney-based fund manager Eureka has added to its holdings in Parramatta, paying private equity real estate group Altis Property about $85 million for the former Century Centre. This article originally appeared on theaustralian.com.au.

A department store brand not yet seen in Australia is among the luxury retailers being sought by the Star Entertainment Group to open at the $3 billion Queen’s Wharf development in Brisbane. This article originally appeared on theaustralian.com.au/property.