Real Estate

Abacus Storage Kings has a received a $2.2 billion takeover offer from a consortium of Ki Corporation, the family office of South African businessman Nathan Kirsh, and New York Stock Exchange-listed Public Storage, after rejecting a $1.9 billion offer in May.

Lendlease has been chosen to manage real estate investment for Malaysia's biggest public sector superannuation fund, even as it reportedly faces a fight to retain control of investment dollarsfor Australia's super giants.

A court has described a plan to demolish a 32-room boarding house for the construction of four luxury residences in Paddington as an "unacceptable loss" of affordable housing in inner-city Sydney.

Private equity real estate firm AsheMorgan has snapped up two industrial properties, paying a reported $33.5 million for a logistics hub in Melbourne and $20.5 million for another in Brisbane.

A judge has allowed a Central Coast resident to weigh in on Optus’ challenge to a council's refusal to bless its plans to build a telecommunications tower, saying the council’s “commercial relationship” with the telco justified a contradictor.

The NSW Land and Environment Court has blocked a developer’s controversial plan to demolish a 32-bedroom boarding house in Inner Sydney suburb of Paddington to develop four luxury residences.

Real estate portals Domain and REA Group have settled a lawsuit that alleged Domain scraped photos and floorplans from REA's exclusive listings for its property reports.

The infrastructure investment arm of Chinese e-commerce giant JD.com has entered the Australian industrial property market with the acquisition of a large distribution center in Brisbane.

A court has found a NSW prefab home builder that convinced a couple to vary their contract to allow different cladding which did not have the same aesthetic effect as their preferred one engaged in misleading and deceptive conduct.

Property investment firm Charter Hall has sold its Bunnings Warehouse in the southeast Melbourne suburb of Clyde North for $44 million, in an off-market deal that reinforces the strength of retail real estate.