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Bentley

Companies | Asia

11-Feb-2018

Embattled private developer Grocon made a loss of $27.5 million last year, prompting it to take out a $40 million loan secured against future development fees prior to winning the development rights for Sydney’s Barangaroo Central.


 

11-Feb-2018

Logistics sheds are proving the new black for property investors, with a new green-star rated warehouse leasing for $1.1 million and a Singapore fund’s $177 million purchase pump-priming industrial activity for the new year.


 

11-Feb-2018

This week's sharemarket rout could prove costly for Frank Lowy and his fellow Westfield shareholders.

07-Feb-2018

Shopping Centres Australasia (SCP) has upgraded its earnings after a series of acquisitions and a boost from a better performance of its main tenant, supermarket giant Woolworths.


 

03-Feb-2018

Abacus Property Group has paid $93.5 million on a tight 5.85 per cent yield for an Abbotsford office building fully leased to Computershare in an off-market deal brokered by CBRE National Director, Mark Wizel with Lewis Tong and Kiran Pillai. 

31-Jan-2018

Listed Queensland-based developer Villa World has struck a joint venture with Singapore’s Ho Bee Land to subdivide a 16 hectare site into residential housing in Wollert on Melbourne’s northern outskirts.

30-Jan-2018

Perth based GM Property Group has sold a major Blackburn industrial asset to property investment group Forza Capital for $31.5 million on a passing yield of 6.6 per cent in the first significant industrial deal of the new year.

30-Jan-2018

Westpac has agreed terms on a five year lease at 215 Smith Street (cnr Condell St) in Fitzroy in a deal brokered by Teska Carson Principal Consultant, Barry Novy.

28-Jan-2018

IOOF Holdings Limited is paying MAB Corporation $26.93 million – reflecting a yield of 5.9 per cent – for a near-new office building in Bundoora, 16 kilometres north of the Melbourne CBD.

24-Jan-2018

One of China's biggest property developers, Wanda, has said it has disposed of its flagship Australian property assets.

17-Dec-2017

With the vote to buy the giant Westfield retail group for $33 billion looming, the Paris-based buyer, Unibail-Rodamco is on the hustings to assure shareholders it's a great deal.

13-Dec-2017

One of Australia’s largest landlords has put on hold plans to install 100,000 solar panels across 40 hectares of rooftops in its shopping centres and industrial estates because of uncertainty surrounding the Turnbull government’s energy policy.

12-Dec-2017

Sir Frank Lowy's almost 57-year reign as a shopping centre czar is about to come to an end after Europe's largest listed commercial property company agreed to buy his Westfield Corp in a $32.8 billion deal.


 

12-Dec-2017

There is no stopping the forward momentum of Kokoda Property’s $248m project in Newstead, Brisbane, with the luxury developer breaking ground in the Queensland capital.

11-Dec-2017

Savills Australia comments on Melbourne’s economic stronghold

11-Dec-2017

Real estate technology firm Compass says it's getting an investment of $450 million from the SoftBank Vision Fund.

06-Dec-2017

Repeat customers of Coronation Property receive a range of benefits and opportunities as members of its newly-upgraded loyalty program

06-Dec-2017

Leading global contractor Multiplex has completed construction of West Hotel, Curio Collection by Hilton, Australia’s first Curio Collection by Hilton hotel.

06-Dec-2017

Centuria Metropolitan REIT has expanded its footprint with the purchase of two new office assets for a combined $119.1 million, and will raise $60 million through an entitlement offer to provide some of the funding.


 

06-Dec-2017

Private developer RCL Group has sold a yet-to-be-built Bunnings in Melbourne's northern suburbs for around $25 million.