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.
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.
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.
Star Entertainment has reached an agreement with its Queen’s Wharf partners to sell its 50 per cent stake in the Brisbane entertainment venture.
Developer Goldfields Group has purchased the Quality Resort in Western Australia’s Sorrento Beach in a $31 million off-market sale.
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”.
Invesco’s global real estate business will acquire retirement village operator and owner RetireAustralia for $845 million.
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.
Gilbert + Tobin has strengthened its real assets team with the appointment of a partner recruited from global asset manager Blackstone.
Dexus Industria REIT has entered option agreements to sell its 13 Brisbane Technology Park properties for a net $155.5 million.