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This week we recorded 20 major transactions worth $2.4bn

Charter Hall on Acquisition & Fees Hunt

Charter Hall are ramping up their acquisition activities as the group continues to aggregate property across their range of funds prompting JPMorgan analysts to upgrade the property fund manager’s projected haul of performance fees over the next five years.

Charter Hall has been in  talks with GIC to acquire a $900M half-sta...

This week we recorded 20 major transactions worth $1.3bn

Perron Group take 50% of Westfield Burwood

Scentre has stepped up efforts to fortify its retail portfolio, selling down a half stake in Westfield Burwood to the Perron Group in $575m deal announced this week. 

Westfield decided to off load the interest in the Centre as it offered little further development potential and additional land was unlikely to be acquired...

This week we recorded just 26 major transactions worth $760m

Oxford sell Canberra complex

The sell off of the Investa Office Fund by Oxford continues with the sale of 18 Mort Street Canberra to Charter Hall who are in the final stages of due diligence on the asset.

Charter Hall are set to pay approx $105M for the A grade 14,506sqm commercial building which is fully leased by Telstra with a 6.7 year lease expiry. 

The sal...

This week we recorded just 12 major transactions worth $347m

Alexandria Land for Data Centre

Data Centre operator and developer Equinix has settled on a transfer of land at 506 Gardeners Rd Alexandria for $110M as it expands its Data Centre platform.

The 3.9ha site sale was settled in August last year from what is likely to be a related party, but only just hit the public record. The site contains the group's existing SY4 facilit...

This week we recorded 16 major transactions worth $1.12bn

Mapletree acquire 111 Pacific Highway

The break up of the commercial assets held by Investa (now Oxford) continues with the announcement that Singapores' Mapletree Investments will acquire 111 Pacific Highway, North Sydney for $275.0M. 

The A Grade, 24-level building contains 18,668sqm of commercial space and 164 car spaces. According to the June 2018 Investa reports, the...

This week we recorded 13 major transactions worth $232m

Frasers acquire 41ha in Dandenong South

Frasers Property has paid a hefty price for a 41.3-hectare prime industrial land parcel in Melbourne’s South-East industrial precinct, valued at approximately $80 million.

A number of recent land deals have demonstrated how hot the market is with pricing over 100% higher than 18 months ago. At close to $200/square metre the Frasers tra...