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REITS dominate as Christmas commercial deals ring in $1b

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Real estate investment trusts including Mirvac, Vicinity Centres and Hong Kong-listed Link REIT dominated the more than $1 billion of commercial property deals struck during a busy Christmas period.

Link REIT, Asia's largest listed property trust, struck the biggest deal in the final weeks of the year, snapping up Sydney A-Grade office tower 100 Market Street from Blackstone for $683 million.

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Larry Schlesinger writes on real estate, specialising in commercial and residential property. Larry is based in our Melbourne newsroom. Connect with Larry on Twitter. Email Larry at larry.schlesinger@afr.com

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    Original URL: https://www.afr.com/link/follow-20180101-p53lrj