Australian Property Markets

News & Views

Nov 26, 2020

Archive News

Charter Hall Take Up Arnotts Huntingwood Estate Offer

December 14, 2019

Prime Super pick up Prime Brisbane Office

December 12, 2019

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December 14, 2019

Charter Hall have acquired Arnott’s manufacturing site in Huntingwood, Sydney for $ $398.9 million, representing a passing yield of 4.5%.

The Charter Hall Prime Industrial Fund and the Charter Hall Long WALE REIT will each acquire 50% in the facility which is 100% lease...

December 14, 2019

Ingenia Communities Group announced this week that the Group has completed the acquisition of ‘Bevington Shores Lifestyle Village’ identified in the October 2019 equity raising.

Bevington Shores is an established community of 190 units built over 5.8 hectares in a prime...

December 14, 2019

Aventus Group announced that the gross revaluation of its portfolio of large format retail centres as at 31 December 2019 has resulted in an increase of $38 million ($20 million net of capital expenditure).

On a portfolio $1,935m, the net valuation gain of just $20m rep...

December 14, 2019

The ongoing strength in the office and industrial markets has been reflected in the latest set of valuation numbers at Dexus with an increase of $656 million or circa 4% on the June 2019 book values.

Dexus revalued 109 of its 118 assets, comprising 43 office properties...

December 12, 2019

SCA Property Group announced the results of its property valuations as at December 2019.

The total value of investment properties has increased by $85.8m, from $3,147.0m at June 2019 to $3,232.8m at December 2019.

In summary this movement is comprised of the following:

  • ...

December 12, 2019

Cromwell have responded to ARA's moves at their recent Board meeting by appealing to the Takeover Panel to seek orders against ARA for not disclosing aggregated interests of over 35%.

As at 4 December 201 Cromwell securities were held by ARA Real Estate Investors XXI Pt...

December 12, 2019

Prime Super have paid Deutsche Asset & Wealth Management $155m for an A Grade building on the edge of the Golden Triangle in Brisbane.

The building, at 313 Adelaide Street, comprises 21 floors of office, retail and basement car park with a NLA of more than 14,000 square...

December 12, 2019

The listed Investec Australia Property Fund has sold its Fortitude Valley office block to Hong Kong interests for $94m, as investor appetite for Brisbane office buildings continues to strengthen.

The 11-storey A Grade office at 757 Ann Street was completed in 2014 and c...

December 12, 2019

Three Charter Hall funds have acquired a 49% interest in $1.7bn of convenience retail properties operated by fuel giant BP.

The BP portfolio, marketed by JP Morgan, comprises 225 properties, across metro locations on the Australian eastern seaboard. The portfolio has a...

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Latest Data

December 7, 2019

GDP numbers out on Wednesday showed an economy growing at 1.7 per cent, up from 1.4 per cent last quarter.

Across the country, the figures show that household consumption growth slowed in the quarter to 0.1 per cent, taking the annual rate lower to 1.2 per cent.

A breakd...

November 29, 2019

Residential construction in NSW and QLD continue to bear down on the total construction industry across the country with a 5th quarterly decline in total construction. 

The ABS's Quarterly Construction Activity for the September 2019 showed that the seasonally adjusted...

November 13, 2019

Business conditions rose 1pt in October to +3 index points – around half the long-run average of 6 index points. The tick up was driven by an increase in trading (now +7 index points) and profitability (now 0 index points) in the month. The employment index was unchang...

November 13, 2019

The Westpac-Melbourne Institute Index of Consumer Sentiment rose 4.5% to 97.0 in November from 92.8 in October.

This rise in the Index follows a sharp 5.5% fall in October. The pattern of confidence falling in response to a rate cut and recovering when the RBA remains o...

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