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Gateway Capital scoops up Sydney warehouse from Blackstone for $800M industrial portfolio
Gateway Capital has acquired a warehouse in Sydney's Eastern Creek from private equity firm Blackstone for $75 million as part its plan to build a $800 million industrial and logistics portfolio.
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ASIC to review stamp duty disclosures for superannuation funds
The corporate regulator has launched a review into the requirement that superannuation funds disclose land transfer duty fees, commonly referred to as a 'stamp duty', in a move that could boost super investments in the property sector.
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Elanor Funds hits back at Lederer claims in $284M takeover bid
Commercial property fund Elanor Funds Management has hit back at "factually incorrect" claims made by Lederer Group as part of a $285 million takeover bid.
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Star Entertainment reaches deal to exit Queen’s Wharf venture
Star Entertainment has reached an agreement with its Queen's Wharf partners to sell its 50 per cent stake in the Brisbane entertainment venture.
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Developer Goldfields acquires Sorrento Beach resort for $30M
Developer Goldfields Group has purchased the Quality Resort in Western Australia's Sorrento Beach in a $31 million off-market sale.
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Ex-EY partner in ATO trial says he gave objective advice over developments
A former EY partner accused by the ATO of promoting a tax avoidance scheme over property developments has told a trial judge the commissioner has "overreached".
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Invesco acquires RetireAustralia for $845M
Invesco’s global real estate business will acquire retirement village operator and owner RetireAustralia for $845 million.
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Vitale teams up with Metrics in large-scale Gold Coast land deal
With plans to transform it into a mixed-use estate, Queensland developer Vitale Property Group has partnered with Metrics Credit Partners to acquire a large-scale industrial site on the Gold Coast.
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Gilbert + Tobin beefs up real assets team with Blackstone hire
Gilbert + Tobin has strengthened its real assets team with the appointment of a partner recruited from global asset manager Blackstone.
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Dexus earns $155.5M from REIT’s Brisbane Technology Park sale
Dexus Industria REIT has entered option agreements to sell its 13 Brisbane Technology Park properties for a net $155.5 million.