Foreign investor clear for tower
The commercial property market has been bolstered by foreign investment authorities waving through the purchase of an office tower in Sydney’s CBD.
The commercial property market has been bolstered by foreign investment authorities waving through the purchase of an office tower in Sydney’s CBD.
Dexus advances plans for a $2.1bn overhaul of the Eagle Street Pier and Waterfront Place precinct.
The likes of Charter Hall, Dexus, ESR and Centuria are thought to have made approaches for Blackstone’s portfolio of Australian industrial properties.
Dexus had been requesting due diligence on the AMP Capital Diversified Property Fund which could now be granted, say sources.
The listed Dexus and Canada’s CPP Investment Board are looking to offload Brisbane’s $300m Gold Tower in the city’s largest office sale of the year.
Property group Dexus is backing up its claim that office values will hold, selling a North Sydney office block for $273m.
Retail behemoth Amazon will open one of its signature new fulfilment centres in the western suburbs of Melbourne.
Dexus has struck a series of fresh leasing deals and is keeping its distribution in line with last year.
Dexus has earmarked health as the next big asset class and is looking to get the jump on listed rivals.
The $4.6bn Australian wealth manager AMP is understood to have turned its attention to the sale of its entire real estate platform.
The office titan is bullish on a market recovery but has been swamped with lucrative offshore offers.
In a bid to get workers back to CBDs, the nation’s largest office landlord is partnering up with e-bike supplier Zoomo.
A strong run of office deals continues with German group Deka snapping up an office tower sold by a Dexus managed fund.
Dexus is understood to have put an unsolicited proposal to merge with the AMP Capital Diversified Property Fund.
Shares touched 5-day highs but faded at the close, led by outperformance in Dexus on takeover talk, while BHP traded ex-dividend.
Private equity firm Blackstone is understood to be actively scanning the Australian market for a large takeover opportunity.
Office landlord Dexus says the recession will hurt but it believes companies are realising the limits of working from home.
Top local and international architects have been appointed to build a $2.5bn project for Dexus and Frasers.
Property group Dexus displayed the strength of industrial and office markets with a major portfolio sale.
Property managers believed to be in talks with AMP Capital investors, in quest for control of funds in its $30bn real estate empire.
Original URL: https://www.theaustralian.com.au/topics/dexus/page/8