Canadian property giant Brookfield has begun combing through a shortlist of three or four candidates to invest in an $800 million new Perth headquarters for resources giant Chevron.
The process to identify a joint investor to take a half stake alongside Brookfield itself has been through multiple rounds after 11 or so parties were invited to bid.
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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com
Ingrid Fuary-Wagner is the AFR's explainer editor, based in Sydney. She previously wrote about property and before that was news editor at Domain. Connect with Ingrid on Twitter. Email Ingrid at ingrid.fuary-wagner@afr.com
