ISPT expands neighbourhood centre and sub-regional footprint
Property fund manager ISPT via the ISPT Retail Australia Property Trust (IRAPT) has re-affirmed its confidence in the non-discretionary retail property market by increasing its investment in Fort Street Real...
Newmark acquires Large Format Retail property in Brisbane for $57m
Newmark REIT Management Limited as the responsible entity of Newmark Property REIT has announced the exchange of a contract for the acquisition of a large format retail (LFR) property in...
AMP agrees to sale of real estate and infrastructure equity business
AMP Limited has entered into an agreement for the sale of Collimate Capital’s real estate and domestic infrastructure equity business to Dexus Funds Management Ltd (Dexus), for an upfront cash...
EG Funds acquires stake in Brisbane’s Grand Plaza Shopping Centre
EG’s Australian Core Enhanced Fund has acquired a half stake in Brisbane’s Grand Plaza Shopping Centre in a deal worth about $220 million as interest in sub-regional investment opportunities resurge....
Fawkner Property acquires Stockland Cairns for $146 million
Australian asset manager, Fawkner Property has acquired Stockland Cairns in an off-market deal that was transacted at the 30 June 2021 book value of $146 million, reflecting a core capitalisation...
Pete Wylie joins Assembly Funds Management as Head of Capital
Assembly Funds Management (AFM) has appointed Pete Wylie to the newly created role of Head of Capital based in Sydney. Wylie joins AFM from Lendlease where he has held various roles...
Primewest Secures Northgate Shopping Centre and Potts Point Retail Centre
Centuria Capital Group subsidiary, Primewest, has secured two retail assets – Northgate shopping centre in Geraldton for $71.2 million and Woolworths-anchored daily needs retail precinct within Potts Point’s OMNIA mixed-used development for...
Elanor establishes new managed fund to acquire $136 million Warrawong Plaza
Elanor Investors Group (ENN) has established Warrawong Plaza Fund to acquire the Warrawong Plaza shopping centre for $136.35 million. The acquisition reflects an attractive 7.75% fully leased yield and $3,143...
APN Convenience Retail REIT acquires two new properties for $24.4 million
APN Funds Management Limited as responsible entity for APN Convenience Retail REIT (AQR) has exchanged contracts to acquire Warrego Highway Travel Centre, in Queensland and conditionally exchanged contracts to acquire Dubbo...
Lendlease property fund named world’s most sustainable for fifth time
Lendlease’s Australian Prime Property Fund (APPF) Commercial has achieved the number one ranking from 964 global participants in the annual GRESB real estate assessment. It is the fifth time in...
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