Investment fund Gateway Capital has partnered with two overseas funds to acquire the Connect Central logistics centre in western Sydney, purchasing the property from Brookfield for $330 million.
Property developer Goodman Group is seeking to raise $4.4 billion to fund its investments in data centres, as demand increases from the expanded use of cloud computing and artificial intelligence.
Property developer Mirvac has won a $220,000 dispute against designer outlet store Estro over unpaid licence fees and charges under a commercial lease for a store at Sydney’s Birkenhead Point.
Billionaire petroleum tycoon turned property investor Nick Andrianakos has scooped up a half share in Melbourne’s Northland shopping centre for $385 million.
The Albanaese government has announced it will ban foreign investors from buying established homes for two years and also take steps to crack down on land banking.
Lendlease has resolved its challenge to a valuation for the site of its $3.1 billion luxury development One Circular Quay, located between the Harbour Bridge and the Sydney Opera House.
Lendlease has abandoned its bid to purchase a parcel of land owned by one of Australia’s oldest families for well below market value as part of its project to develop 6,700 homes in Campbelltown, Sydney.
Property developer Investa and The Salvation Army have partnered to develop a $230 million ‘Studio Living’ apartment building in Sydney’s CBD.
Real estate funds manager Centuria Capital Group has acquired Logan Super Centre in Brisbane, hosting big ticket tenants including Freedom, Fantastic Furniture, Spotlight and Anconda.
ASX-listed property investment group Desane has secured a $4.5 million lease extension with the Brisbane City Council.