Feb, 2019

Dexus half year results

Invest / Direct Property Funds

Dexus today announced its result for the half year and reaffirmed its guidance for distribution per security growth of circa 5% for FY19. Dexus Chief Executive Officer, Darren Steinberg said: “It has been a productive six-month period where we have added value through enhancing our development pipeline and attracting new investors to our funds management business. This has all been achieved while maintaining low balance sheet gearing. “In our office portfolio we continue to outperform the MSCI office benchmark1 over one, three and five years through driving higher rents and lower incentives, particularly in Sydney which has been reflected in property valuations during the period. “In our funds management business, we now have $15 billion under management with investors and partners that can invest alongside us through the cycle, reinforcing our objective of being the wholesale partner of choice in Australian property.”

Feb, 2019

CCT’s 4Q 2018 distributable income up 10.7% year-on-year

Invest / Direct Property Funds

CapitaLand Commercial Trust Management Limited, the Manager of CapitaLand Commercial Trust (CCT or Trust), is pleased to report distributable income of S$83.1 million for the quarter ended 31 December 2018 (4Q 2018), an uplift of 10.7% from 4Q 2017. Distribution per unit (DPU) was 2.22 cents, 6.7% higher than the 2.08 cents a year ago. Gross revenue and net property income for the quarter increased by 14.8% and 16.6% year-on-year respectively. The better performance was largely attributed to the contributions from newly acquired Asia Square Tower 2 and Gallileo, which more than offset the loss of income from the divestment of Twenty Anson.

Singapore

Dec, 2018

Home buyers attracted to the Balmain Private platform to save home deposits

Invest / Direct Property Funds

Home loan approvals have fallen significantly off the back of the APRA and the Royal Commission initiatives together with new Responsible Lending Criteria. The ABS recently reported that home loan approvals have fallen by 13.6% year on year and within that, investment loans have come back by c.20%

Australia

Nov, 2018

CPG’s c.$38m industrial fund equity raise oversubscribes in less than 3 weeks forecasting 12.2% and distributions of 6.5%

Invest / Direct Property Funds

Off the back of successfully settling a $48m syndicated first mortgage for a residential apartment development in Sans Souci just weeks ago, Sydney-based real estate investment manager Centennial Property Group (CPG) opened a new fund with a focus on the industrial and logistics market, Centennial Industrial and Logistics Fund II (CIL II). The fund, available only to wholesale and private high net worth investors, opened on 1 November and was seeking to raise c. $38 million. CPG closed the fund less than two weeks later, well before the official close date, due to oversubscription.

Australia

Nov, 2018

Omnia Woolworths investment sale

Invest / Direct Property Funds

After selling to New Zealand investor Brian Cook on a cap rate of c. 5% in mid-2016, the newly completed Woolworths stratum investment under the Omnia building in Potts Point is available for sale.

Australia

Oct, 2018

RICH LISTER TIM GURNER CONFIDENT IN LOCAL MARKET

Invest / Apartments

Luxury property developer, GURNER™ has received planning approval for yet another heritage project in Collingwood, as its proposal for a boutique mixed-use development at 368-374 Smith Street gets the green light after a mediation with locals and Council that saw the permit issued without a VCAT hearing.

Australia

Oct, 2018

Centennial Property Group raises $48m for construction funding loan

Invest / Development Finance

In an ongoing low-interest rate environment on savings and with banks withdrawing from property and construction financing, investment groups like Centennial Property Group are seeing value in providing first mortgage funding for property development, recently settling a $48m loan for a mixed-use retail/residential development in Sans Souci, NSW

Australia

Oct, 2018

Balmain Private's Trinity Point investment oversubscribes in less than 4 hours.

Invest / Direct Property Funds

Investors via Balmain Private's digital platform have rushed to a recently offered Trinity Point Drive investment, with the investment oversubscribing within 4 hours of being listed on the platform. The investment forecasts a 9.15% annual return for a term of 18 months with a Loan to Value ratio (LVR) of 43%, with distributions paid monthly.

Australia

Sep, 2018

Shoreline, Manly Beach

Invest / Apartments

The apartments at Shoreline are crafted to represent an extension of the ocean, welcoming cool breezes, stunning sights and sunshine into the home. Open, airy and full of light, the interiors are in tune with the suburb and its residents? affinity for nature and the outdoor world.

Australia

Sep, 2018

Alta; Inner Sydney City Apartments

Invest / Apartments

Only minutes from the city, these one, two and three bedroom homes feature generously proportioned floorplans styled by a clean-lined and contemporary design.

Australia

Sep, 2018

Investors focus on Highline Westmead

Invest / Apartments

The Western Sydney suburb of Westmead has plenty to offer its local community. With over $5.8 billion of investment over the next decade, it is set to become Australia?s fastest growing economy. Which is why a Highline apartment might just be the best investment you?ll ever make.

Australia

Sep, 2018

The Langston aims high

Invest / Apartments

A dynamic era for Epping unfolding at The Langston. Commanding Epping?s highest vantage point, each of the new tiered towers displays innovative and original design in a landmark location with an enviable community lifestyle.

Australia

Sep, 2018

Visit Teneo's immersive display suite

Invest / Apartments

Photographer Billy Plummer has partnered with Teneo?s project team, to contribute his work to Teneo?s ?Dreams of Alexandria? presentation and transform the display suite into a creative experience not to be missed.

Australia

Jul, 2018

Ceerose breaks ground on $155m Zone Q Milsons Point Aqualuna Residences

Invest / Apartments

Property developer and investor Zone Q has broken ground on its first Sydney residential project, Aqualuna, a prestige 63-apartment, $155M project in the blue ribbon harbourside suburb of Milsons Point.

Australia

Jul, 2018

One Park Drive?s largest available apartments sell out as buyers demand larger living spaces

Invest / Apartments

One Park Drive, Canary Wharf Group?s landmark residential development, has successfully sold out of its largest available apartments.

United Kingdom / London

Jun, 2018

The Balmain real estate investment platform makes your capital work harder

Invest / Direct Property Funds

With the global interest rate environment at all-time lows and banks paying a meager annual rate on savings, which is typically lower than the inflation rate, investors are having to search for opportunities to make their capital work harder.

Australia

Apr, 2018

Changing retail environment driving shopping centre transactions

Invest / Development Finance

The changing and competitive retail environment is driving transaction activity for shopping centres, as owners refine their portfolios, adjust their exposure to different states and asset types and seek greater diversification to improve their long-term risk-return profile.

Mar, 2018

Council approves Ashe Morgan's $500 million two-tower redevelopment

Invest / Direct Property Funds

Brisbane City Council has approved the redevelopment of two former government buildings, which will see them merged to form one $500 million office tower.

Australia / Brisbane

Mar, 2018

Ashe Morgan eschews bank debt to buy Brisbane's Health and Forestry buildings

Invest / Direct Property Funds

In November 2017, real estate investment manager and advisory group, Ashe Morgan, closed its capital raising for its recent purchase of the Health and Forestry buildings in Brisbane adding to the assets it now manages on behalf of its investors.

Australia / Brisbane

Mar, 2018

Ashe Morgan sell Fortitude Valley Heart car park for $64m

Invest / Direct Property Funds

The recent sale of the Chinatown carpark by a Trust managed by Sydney based property group Ashe Morgan in Brisbane's Fortitude Valley for $64 million, ended an energetic 2017 for the group in Queensland which also saw the group purchase the Health and Forestry buildings in the Brisbane CBD for $66million.

Australia / Brisbane

Feb, 2018

Housing mooted for Bundoora quarry following expected $70m deal

Invest / Development Finance

A former Bundoora quarry, marketed as an infill residential redevelopment opportunity, is speculated to be selling for about $70 million.

Australia

Feb, 2018

Abbotsford warehouse has develop potential

Invest / Development Finance

Teska Carson (9421 7000) is marketing a versatile office/warehouse property with potential development upside at Abbotsford on Melbourne CBDs north-eastern fringe. The property will be auctioned on Wednesday, March 7 at 12pm on site.

Australia

Feb, 2018

Glen Iris office/shop offers numerous options

Invest / Development Finance

Teska Carson (9421 7000) is marketing a boutique occupation, investment or development opportunity in the heart of the highly regarded inner eastern suburb of Glen Iris. The property will be auctioned on Thursday, March 1 at 1pm.

Australia

Feb, 2018

Legal eagle nest finally comes to market

Invest / Development Finance

The Law Institute of Victoria has finally moved to put its long-held CBD headquarters on the market, some six months after a sales process was first mooted.

Australia

Oct, 2017

Ex-footballer Fraser Brown outlaying $70m+ for Melbourne outskirt site: sources

Invest / Development Finance

AFL footballer-turned-property developer, Fraser Brown, is speculated to be paying more than $70 million for another development site in Melbourne's south-east.

Australia

Oct, 2017

City Ford site on market with $100m price expectations

Invest / Development Finance

The former City Ford site at 75 Crown Street, Woolloomooloo, is on the market with the private family owners looking to reap about $100 million.

Australia

Sep, 2017

Fitzroy hotel listing unlocks key development opportunity

Invest / Development Finance

The renowned Tankerville Arms Hotel, Fitzroy is being offered for sale, with price expectations exceeding $20 million. Â

Australia

Aug, 2017

$150 billion of investment allocated for China's commercial real estate market

Invest / Direct Property Funds

According to CBRE's Towards 2020: China Investment Strategy report, commercial property transactions in China will grow to RMB 260 billion ($39 billion USD) by 2020, a 45% increase from 2016.

Australia

Jul, 2017

Another commercial agent offers South Melbourne block

Invest / Apartments

An executive with Melbourne real estate agency Lemon Baxter is practising what he preaches to some clients â?? listing the building, in an apartment hotspot, for sale.

Australia

Jul, 2017

Most exciting commercial development in Dubai in 10 years announced

Invest / Development Finance

Even though Dubai's commercial office real estate market has experienced muted growth over the past six months, the recently announced Emirates Towers Business Park is set to become Dubai's most defining commercial development in over 10 years

United Arab Emirates

Jul, 2017

Backpackers and lovebirds help fund North Korea embassies

Invest / Development Finance

Private businesses have rental agreements with North Korean embassies in Eastern European capitals, providing income for his cash-strapped regime...and violate United Nations resolutions

Australia

Jun, 2017

Developers asking $118M for new 23-story Murray Hill rental building

Invest / Development Finance

105-unit property opened in March on old Yeshiva lecture hall site

United States of America

Jun, 2017

Investors pump $14 billion in sales across office sector

Invest / Development Finance

Propertylink has sold its 320 Pitt Street, Sydney, assets for $275 million, which has helped to bump office sales across the country over the $14 billion level as investors take advantage of the favourable leasing conditions. Â

Australia

May, 2017

$3.4 billion mega-mall near Paris being planned despite opposition

Invest / Development Finance

The only thing moving in the broad expanse of wheat, colza, corn and beet fields near Paris is a half-empty city bus trundling along a brand-new road. Overhead, the ever-present noise of planes disrupts the calm.

France

May, 2017

Local malls are in high demand

Invest / Development Finance

Regionally located neighbourhood shopping centres have received high levels of appetite from a range of investors over the past two years.

Australia

May, 2017

12 square metres of Northcote Plaza on the market

Invest / Development Finance

One of the smallest commercial properties in operation outside of Melbourne CBD will test the market as small investors continue to seek alternatives to the hot residential market.

Australia

Apr, 2017

Competition is hotter than ever among Bangkok's luxury developers

Invest / Development Finance

Wealthy Thai's are increasingly looking to buy in the city centre.

Thailand

Apr, 2017

Buildings on leafy boulevard set to excite investors

Invest / Development Finance

Melbourne's premier office boulevard, St Kilda Road, will be the centre of vigorous investor attention as tightening supply and rising rents prompt two vendors to offer neighbouring office towers to the market.

Australia

Apr, 2017

Australian cities see highest growth in skyscraper rents globally

Invest / Apartments

Rents for skyscraper offices in Australian cities are rising faster than those in any other global location, according to the latest index covering commercial building over 30 storeys high.

Australia

Apr, 2017

Chinese investors secure prime beachfront venue in Melbourne's Albert Park

Invest / Development Finance

Melbourne's waterfront Beach Hotel and neighbouring Foodworks Supermarket has been purchased by Mainland Chinese investors after a hotly contested sales campaign.Â

Australia

Apr, 2017

$500 million invested in Irish commercial properties in Q1

Invest / Development Finance

According to JLL, just over $500 million of Irish property has traded in the first 3 months of 2017.

England

Apr, 2017

$125 billion manager says Asia investors are flocking to infrastructure

Invest / Development Finance

Record low yields and negative interest rates are pushing investors from Japan to China into funding infrastructure projects across the globe to bolster ailing income, according to Australia's biggest listed wealth manager AMP Ltd.

Australia

Mar, 2017

$700 million energy from waste facility at Eastern Creek goes to PAC

Invest / Development Finance

Dial A Dump Industries has progressed with its $700 million energy from waste facility at Eastern Creek industrial park, with the lodgement of a submission for approval to the Planning Assessment Commission NSW. Â

Australia

Mar, 2017

Deutsche Bank commits to London with new UK headquarters plan

Invest / Development Finance

Deutsche Bank AG is in exclusive talks to move its U.K. headquarters to a new building being constructed at 21 Moorfields in the City of London financial district.

England

Mar, 2017

MLC Centre stake up for grabs worth $500m-plus

Invest / Development Finance

A half-share in the tallest building in Sydney, the $1.1 billion MLC Centre is up for grabs as the co-owner QIC Global Real Estate is looking to take advantage of the hot office market.

Australia

Mar, 2017

Investors plough more than $500m into office assets

Invest / Direct Property Funds

Investors are seeking a foothold in the booming Sydney office market with new assets worth more than $500 million up for grabs as the owners take advantage of the high demand.

Australia

Feb, 2017

Development opportunity in Wellard growth zone

Invest / Development Finance

Close to 15,000sqm of developable land in Perth's southern suburbs has been listed for sale in a move expected to generate strong interest from developers looking to capitalise on the state's increased First Home Owners Grant.Â

Australia

Feb, 2017

Leasing Ladder

Invest / Apartments

 Carpet Court has leased a 437 sq m showroom at 123 Willoughby Road from S I Investments. The lease term is five years plus a five-year option. Brad Sutton, Sutton  Anderson.

Australia

Feb, 2017

ASCOTT UNVEILS 32,000-SQUARE FEET LIVING LAB TO FIELD TEST CO-LIVING CONCEPTS OF LYF

Invest / Apartments

CapitaLand's wholly owned serviced residence business unit, The Ascott Limited (Ascott) has launched its first living lab to field test its newest brand, lyf.

Australia

Feb, 2017

Compark office buildings to fetch $20 million +

Invest / Development Finance

Two modern office buildings at the Leighton Properties developed Compark Business Park at Mulgrave are poised to fetch in excess of $20 million, representing an attractive yield as suburban office investments increasingly attract international attention.

Australia

Feb, 2017

Melbourne property 'boom' sparks Lonsdale Street sale

Invest / Development Finance

Unprecedented growth in Melbourne's CBD's commercial market has sparked the sale of a prominent freestanding office building in the CBD's legal precinct.Â

Australia

Feb, 2017

Mega development sites are the hot ticket for investors

Invest / Development Finance

Development sites are generating significant interest with investors who want to take advantage of the increasing demand for residential and commercial property opportunities.

Australia