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Bentley

Companies | Asia

18-Oct-2017

Diversified property giant Lendlease has sold a quarter of its retirement living business to Dutch pension fund investment manager APG Asset Management for an estimated $470 million.

18-Oct-2017

Nissan is the latest car manufacturer to sell a redundant Australian site, offloading its 11.4 hectare local headquarters and adjoining warehouse distribution centre in Dandenong South, Melbourne, to a private syndicate for a speculated $35 million.


 

17-Oct-2017

Billionaire investor Solomon Lew has fired a sharp shot across the bow of struggling department store chain Myer, demanding it release sales data ahead of a planned strategy day in November.

16-Oct-2017

Luxury apartment developer GURNER™ has proven the naysayers wrong, repaying its $180m loan to ANZ and settling approximately $200,000,000 worth of apartments, just days after calling for settlement of the first 520 apartments of stage one of the developer’s 981-apartment, three tower ‘FV’ project.

15-Oct-2017

The Australian hotel sector will see a major shift in its landscape after the Mantra Group accepted an offer from French-based global giant operator Accor, valued at about $1.2 billion.


 

11-Oct-2017

Australian Unity Office Fund has increased its portfolio with an unconditional agreement to acquire 150 Charlotte Street, Brisbane, for $105.75 million, partly funded through a $50 million equity issue.


 

11-Oct-2017

LOGOS and Frasers Property have expanded their presence in Sydney's west with key leasing deals in industrial property estates.

11-Oct-2017

Lendlease has scored its biggest tenant to date for its $2.5 billion Melbourne Quarter project in Docklands.

10-Oct-2017

The Australian hotel sector is set for a shake-up with the giant, French-based Accor hotel group, making a non-binding $1.2 billion takeover offer for Mantra Group, Australia's second-largest hotel operator in the small to medium asset sector.


 

09-Oct-2017

Retirees looking to enjoy life on the coast or peace and quiet in the countryside now have more options thanks to GemLife expanding its resort-style over-50s villages into the southern states.

09-Oct-2017

Off the back of the recent completion of its iconic FV development in Brisbane, luxury property developer GURNER™ has secured its largest and most ambitious Melbourne site to-date, with the acquisition of a 10,000sqm island site in South Melbourne that will add $1.5b+ to the developer’s portfolio once complete. 

09-Oct-2017

Multiplex, a leading global contractor, has been appointed by OSK Property to deliver Stage One of its iconic $2.8 billion Melbourne Square development, set to be one of the largest mixed-use precincts in central Melbourne.

07-Oct-2017

Global investment giant Blackstone Group LP has reportedly hit the first close of its Asia-focused real estate fund at over $5 billion, surpassing its initial targets.

07-Oct-2017

Australia's fiercely competitive grocery sector is set for another shakeup after German giant Kaufland purchased a landmark South Australian site for its first major supermarket in this market.


 

07-Oct-2017

The $55 million purchase by Prince Hotels, a subsidiary of Japanese Seibu Holdings, of the Australian-based operator Staywell Hospitality Group, will be used as a springboard for expansion across the country.


 

07-Oct-2017

For the second time in the space of two weeks, Cromwell Property has stepped away from a potential deal, this time exiting its long-held 9.83 per cent stake in the listed Investa Office Fund for $276 million.


 

04-Oct-2017

Brisbane-based Queensland Investment Corporation has expanded its international presence with a $US3.17 billion ($4 billion) deal with its joint-venture partner, Forest City Enterprises (FCE), in 10 US regional shopping malls on behalf of a client. 


 

04-Oct-2017

Growthpoint Properties Australia has moved to offload Woolworths' Victorian distribution centre and head office in Melbourne's eastern suburbs.

03-Oct-2017

A takeover of department store chain Myer by Solomon Lew's Premier Investments could see savings in rent of about $23 million, according to Citi.

30-Sep-2017

AMP Capital and UniSuper have bought a combined half share of the $1.9 billion Wynyard Place project from Brookfield Property Partners as part of the investors' strategy to boost its presence in the strong Sydney office market.