Oxford bets on local towers as offices hit straps
Canadian giant Oxford Properties is one of the biggest names in global real estate and has identified Australia as a key growth market.
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Fashion millionaires splash out on $70m Sydney HQ
The young couple have spent big on a new home for their booming retail business, hot on the heels of going mansion hunting around Sydney.
Blackstone to check out of $2bn Sydney landmark
One of Sydney’s iconic towers, Grosvenor Place, is in play with US owner Blackstone believed to be negotiating a deal to offload it to an office heavyweight.
‘Safe haven’ to lure investors but state a worry
For Property Council president Carmel Hourigan the big focus of the federal election is the chance to improve the country’s tax and investment settings.
Lendlease seals offshore exit with sale of UK construction arm
The company has dumped ambitions of being a global builder but still wants to be an investment manager around the globe.
AVJennings falls to foreign raider in $369m takeover
The home builder, which is run by former Wallaby Phil Kearns, is set to be folded into a global investor’s operations after a poor share market run.
HMC targets Healthscope with revamped private equity fund
David Di Pilla’s HMC Capital is revving up to buy troubled private hospital operator Healthscope from Brookfield. After a profitable year on the sharemarket, he has the capital to do it.
Japanese investors grab city tower for $600m
Japanese property players are continuing to set the pace for city office towers, with a Sydney purchase the biggest of the year to date.
Domain to recommend CoStar’s $2.8bn bid amid exclusive talks
The Nine Entertainment-controlled real estate listing company edges closer into foreign hands, which could reshape both the media landscape and the world of property listings.
Roberts Co faces break-up to lure new builders as debts hit $160m
Builder Roberts Co’s Victorian arm has shut down its big jobs but administrator McGrathNicol says it can get projects back on track and it will have to break them up for the best result.
Original URL: https://www.theaustralian.com.au/author/ben-wilmot