Yesterday
Rest Super joins legal stoush over Melbourne Airport
The fund says its 2 million members should not lose their investment in the Melbourne and Launceston airports because of a legal battle between Dexus and its co-investors.
This Month
Lenders warm to residential projects as boom looms
A renewed appetite for construction is leading banks to lower their pre-sale requirements for projects, a shift from their previous more conservative stance.
Lendlease, Mirvac and Hemmes in box seat for Sydney Metro project
A Brookfield consortium had dropped out of the race to develop one of Sydney’s most highly sought developments, above the new Hunter Street metro station.
Future Fund-backed OneFortyOne in mega forestry deal
The biggest forestry deal by an Australian-owned firm in a decade comes as the country prepares for the next home-building boom.
May
Warehouses, build-to-rent work best for Rich Lister Tarascio family
The Tarascio family platform has delivered office space as well build-to-sell apartments, but such projects are just viable in the current market.
Data centre delivery at full throttle for Goodman
The ramp-up comes as chief executive Greg Goodman warns that global trade uncertainty is causing big warehouse tenants to go slow on their decisions.
Stockland goes shopping for partners in $1.2b malls fund
The malls fund is the latest initiative by Stockland boss Tarun Gupta to bring on board major investors to drive the expansion of Stockland’s portfolio.
Hong Kong tycoon snares carbon project in outback WA
Billionaire Li Ka-Shing’s CK Group has taken over an area it describes as “three times the size of Hong Kong” to dedicate to regenerative agriculture.
Big sovereign wealth funds eyed stakes in Melbourne Airport
Over a dozen international investors, including Singapore’s sovereign wealth fund, were interested in acquiring stakes, court documents reveal.
MA Financial closes funds deal in $2b malls play
The deal lifts MA Financial’s exposure to real estate just as the interest rates begin easing, typically a tailwind for the sector.
Rest Super a potential loser in Dexus’ Melbourne Airport stoush
Retail workers holding pensions with Rest Super stand to lose their exposure to the key infrastructure asset if Dexus is forced to sell its holding.
Sydney CBD towers show first price gain in three years
While the March quarter gain is modest – just 0.7 per cent in capital value – it shows the big institutional buyers are back after a prolonged correction.
Dexus’ Melbourne Airport stake at risk as co-investors cry foul
The $7.8 billion commercial property group could be forced to sell its prized stake in the airport, an asset held in Australian superannuation funds.
The $1.4b office tower deal Sydney is waiting for
A landmark deal in the heart of the CBD could signify the long-waited turnaround in the workplace market, battered by flexible work and high rates.
US investor puts $85m grape operation up for grabs
Australia’s table grape industry is worth almost $1 billion annually. More than half the annual crop is typically earmarked for export to Asia-Pacific markets.
Looking for a safer bet ‘with upside’ during the Trump trade war?
The turmoil following “liberation day” sent global investors on a hunt for safe markets. Australian property may provide a welcome home.
BlackRock takes control at $400m StoreLocal as storage sector heats up
Appetite for self-storage facilities is rising with major offshore institutions looking for exposure to the booming sector.
Auction clearances bounce as buyers sense rate cut
The sugar hit of the February rate cut has been wearing off, but another one is tipped for this month and the decisive election result may also help the market.
April
Billionaire Harry Stamoulis sizes up Collins Street tower
Cash-up private players such as the Rich Lister Stamoulis family are bargain-hunting for deals in Melbourne’s soft office market.
Pressure builds for better offer in battle for Abacus Storage King
Rival operator has taken up a small stake in Abacus Storage, which could potentially block a proposed takeover or force a higher offer.