Nelson Yap

CHINA has retained its mantle as the largest source for approved residential real estate investment proposals in the June quarter, while it has become apparent that foreign home buyers in Australia have a “new and unexpected complaint”: affordability. The latest data from the Foreign Investment Review Board (FIRB) showed the number and value of approved

PAN-Asian operator StorHub Group has taken another big step into Australia, snapping up Sydney facilities worth more than $110 million, in one of the country’s largest self-storage sector transactions in recent years. StorHub netted $460 million in equity commitments early this year to launch into the Australian market. Its five seed assets totalled 56,210 sqm

PRIVATE equity firm Wentworth Capital and BlackRock’s real estate business have launched a $1.5 billion life sciences platform. The new platform will be seeded with two life sciences assets in Sydney, surrounded by established pharmaceutical and life science occupiers with proximity to universities, established innovation precincts, and core transport infrastructure. The first is a 12,700

CHRIS Lock's IP Generation has secured Elon Musk’s Tesla for a former outlet centre in eastern Melbourne which it bought earlier this year for $43 million and is converting into a large-format retail hub. The Australian arm of the world’s most valuable car company will occupy about half the space at the 288 Whitehorse Road,

MORE valuation pain could be on the way for the office sector, while retail property funds logged positive returns for the first time in nearly two years. According to the latest MSCI/Mercer Australia Core Wholesale Monthly Property Fund Index, retail specialist funds recorded a capital growth of 1.6% for the September quarter, leading the traditional

EXCLUSIVE: ACTIVE Japanese real estate developer Hankyu Hanshin Properties has quietly fallen in love with Australia by making a play for a 2000 apartments proj

AFTER an extended stand-off between vendors and buyers on the prices of office buildings, shopping centres and warehouses that saw hefty devaluations, the prosp

BROOKFIELD is stepping away from plans to move into the nascent Australian build-to-rent sector and is hoping to capitalise on Queensland’s strong economy and the ramp-up to the 2032 Olympic and Paralympic Games, tipping the high-profile Portside Wharf retail and cinema precinct and two adjacent development sites to the market. Listing agents CBRE would not

THE Dexus Wholesale Property Fund and acquisitive Melbourne-based fund manager Fawkner have confirmed their $212 million deal to trade Willows Shopping Centre i

EXCLUSIVE: THE University of Tasmania (UTAS) has banked nearly $42 million from the sale of two Hobart hotel assets, with prolific Singaporean investor and deve