Today
Billionaire Gretel Packer has plans for this historic Kings Cross site
She paid $26 million for the art deco Metro-Minerva Theatre last year, but had been schtum on plans for the beloved venue. Until now.
This Month
ISPT to plug a gap with Brisbane’s first Intercontinental hotel
The super fund-backed developer and fund manager is pairing with operator IHG for the first part of its 1ha transformation of central Brisbane.
Brisbane’s newest attraction has three infinity pools and killer views
The Star Brisbane launches its long-awaited Isoletto Pool Club, seven months after the hotel’s grand opening.
This investor prefers hospitals to offices in $28m Hunters Hill buy
April Group has acquired Hunters Hill Private Hospital for $28 million on the basis it will deliver stable rents and rising land values.
Spotlight’s new Anaconda will teach shoppers to fish
The privately owned large-format retail group will also offer tinnies moored to a life-sized jetty and a cold room for Queenslanders to try on puffer jackets.
There’s a buying opportunity in commercial property, but it won’t last
Cashed-up commercial property investors that act fast can pick up assets at good prices.
New Forests’ agriculture arm launches $750m raising
Previously, the fund manager has landed mega deals on cropping and cattle properties backed by Canadian giant AIMCo. Now it’s throwing the net wider.
Prominent cropping and sheep farm up for grabs at $50m
On Western Australia’s favoured south coast, The Oaks is controlled by descendants of a famed British tea entrepreneur.
Industrial property’s golden run comes to an end
The pandemic surge in demand has eased while supply is still ramping up, with rents falling as a result, a new report shows.
This $US1b-plus cash bid is a real test of valuations in jumpy markets
Who would have thought Australia would be home to the only $US1 billion-plus cash M&A deal globally since ‘liberation day’?
Sentinel takes Brisbane office property deals to Japan
The commercial real estate investor is seeking capital for the first time overseas in a change of pace for the Queensland company.
Ex-CBA business banking chiefs land at real estate group
Mario Saia and Andrew Hazell will establish a debt advisory arm under the HTL Group.
Real estate now takes 1 in 5 Japanese deals – and it’s growing
At a time of global uncertainty, Australian real estate is finding its perfect match in Japanese investors seeking stable revenue and capital growth.
Vestey family puts ‘tariff-resistant’ winery on sale with $20m hopes
One of the UK’s wealthiest clans will exit a long-standing Australian investment portfolio – once it disposes of The Lane.
Chinese e-commerce giant JD.com to buy $240m Brisbane logistics hub
The conglomerate’s proposed acquisition is the latest example of how foreign investors are jostling for position in Australia’s tight industrial market.
The secret Ferrari fire sale while dozens are out of pocket
James Zhang lived large. Is he now about to sail off into the sunset?
Big property deals jump as confidence returns
A key element in the deal-making is investor belief the bottom of the downward cycle – especially for office towers – is all but over.
Sydney CBD car park that could reshape skyline hits the market
The carpark is surrounded by major projects owned by Merivale, Lendlease, Dexus, Mirvac and Milligan.
Lendlease lands Japanese investors for $1.5b London tower
Under pressure from investors, the company is in the thick of a wide-ranging overhaul of its business to reduce global exposures. The London deal is a boost.
Japan’s Daibiru picks up Sydney office tower in $600m deal
Major Japanese players are investing more in Australian real estate, commercial and residential.