Archive

Week in ReviewWeek in Review
🏢 Mirvac sells $1.3b stake in new tower to Mitsui

🏢 Mirvac sells $1.3b stake in new tower to Mitsui

Mirvac sold a two-thirds stake in its planned A$2B Sydney office tower at 55 Pitt Street to Mitsui Fudosan.

Week in ReviewWeek in Review
🏌️ GreenFort Capital Targets $800M Land Lease Portfolio

🏌️ GreenFort Capital Targets $800M Land Lease Portfolio

GreenFort Capital, in partnership with Gaw Capital, acquired Willow Village in Queensland’s Gympie region as part of a planned A$800 million land lease portfolio.

Week in ReviewWeek in Review
🛑 Starwood Limits Fund Redemptions

🛑 Starwood Limits Fund Redemptions

Starwood Real Estate Income Trust, managing approximately A$15B, has reduced investor redemptions to 1% per quarter

Week in ReviewWeek in Review
💸 Cromwell sells European business for A$457M

💸 Cromwell sells European business for A$457M

Cromwell plans to use the sale proceeds to reduce its gearing to about 25% and exit offshore operations entirely, focusing solely on Australia and New Zealand.

🏌️ Avid Property Group targets A$1.4B land lease portfolio with new acquisition

🏌️ Avid Property Group targets A$1.4B land lease portfolio with new acquisition

Avid Property Group has entered the land lease market with the acquisition of eight operational assets and development of six new sites

💸 Real Estate Jobs Update (16 May)

💸 Real Estate Jobs Update (16 May)

Current real estate jobs and internship openings in Australia

Week in ReviewWeek in Review
🏙️ A$780M of Goodman Industrial acquired by Barings and Rest Super

🏙️ A$780M of Goodman Industrial acquired by Barings and Rest Super

The deal encompasses 12 assets, housing 17 tenants over 70 hectares of land in Sydney and Melbourne

Week in ReviewWeek in Review
📈 Wall Street predicting +15% for REITs over next 12 months

📈 Wall Street predicting +15% for REITs over next 12 months

US analysts predict a +15% rally in US REITs over next 12 months following the Fed's stance on future rate rises

Jobs + InternshipsJobs + Internships
💸 Real Estate Jobs Update (2 May)

💸 Real Estate Jobs Update (2 May)

Current real estate jobs and internship openings in Australia

Week in ReviewWeek in Review
💸 Abu Dhabi money coming down under

💸 Abu Dhabi money coming down under

Abu Dhabi-based ADQ has acquired a 49% stake in Plenary for A$1B, planning to boost it's presence in global markets including Australia

Week in ReviewWeek in Review
🍹A$800M of retirement village up for grabs

🍹A$800M of retirement village up for grabs

RetireAustralia is being marketed for sale by NZSuper, Infratil & Jefferies

Week in ReviewWeek in Review
🥂 Scape to give students 3,000 spots to chill

🥂 Scape to give students 3,000 spots to chill

Scape has partnered with APG and Ivanhoe Cambridge to develop 3000 student units in a A$1B JV

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