Yesterday
- Exclusive
- Shopping centres
Dexus appeals forced sale of $830m Macquarie Centre stake
Dexus is disputing a court decision that requires one of its managed funds to sell a half stake in the Sydney shopping mall to its co-investors.
- Campbell Kwan
This Month
- Exclusive
- Retail property
Why Victoria will struggle to sell Mount Baw Baw alpine resort
More than one-third of the resort’s commercial sites are vacant and it doesn’t have enough power to use them all, business owners say.
- Michael Bleby
- Opinion
- Business People of the Year
Greg Goodman turns his company into a data centre powerhouse
The billionaire’s push to meet the booming demand for data storage lands him a place on the 2024 The Australian Financial Review Business People of the Year list.
- Larry Schlesinger
- Exclusive
- Industrial
James Packer behind $110m deal for Surry Hills heritage building
An investment company ultimately owned by James Packer is partnering with developer Time & Place on plans for a $500m inner-Sydney development.
- Larry Schlesinger
Retail investors invited to the private assets party
Access into private markets is being democratised as retail investors get an invite to the party.
- Nina Hendy
- Exclusive
- Agriculture
Macquarie buys $175m stake in fresh fruit producer
Macquarie Asset Management adds a controlling stake in one of the country’s largest citrus, berry and table grape producers to its $4.7 billion agricultural portfolio.
- Campbell Kwan
Pubs operator beats theme park giants to snap up Sydney’s Luna Park
The popular harbourfront landmark was sold by Canadian investor Brookfield for more than $50 million. Its new owner described it as a “great opportunity”.
- Campbell Kwan
November
Lowys swoop on Domain’s Sydney HQ in $230m bargain deal
The Lowy-family backed Assembly Funds Management and local fund manager Wentworth Capital have acquired a Pyrmont office tower at a 33 per cent discount from its peak value.
- Campbell Kwan
Di Pilla’s HMC Capital on track for 90pc boost to earnings
The outperformance of its private equity fund and fees generated from its data centre IPO have supercharged earnings.
- Larry Schlesinger
AUKUS subs project to drive $40b logistics, housing boom: report
The building and maintenance of nuclear submarines in Adelaide and Perth is expected to create demand for 1 million square metres of warehouse space and 24,500 homes.
- Larry Schlesinger
Housing construction rises to a three-year high
There are some signs of a pick-up in home-building, but higher costs and a risky environment for contractors are holding back development.
- Michael Bleby
Victoria to sell loss-making Baw Baw, Lake Mountain ski resorts
The two resorts closest to Melbourne have long needed subsidies to keep operating. But selling them creates dilemmas for the state’s alpine tourism market.
- Michael Bleby
Singapore’s CapitaLand in talks to acquire $8bn Wingate Group
After 20 years in operation, Melbourne-based investment manager and real estate financier Wingate Group is set to change hands.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Student bed developers look beyond Sydney, Melbourne as market matures
Demand remains strong in the two largest cities, but the purpose-built accommodation sector is looking more widely for cheaper sites.
- Michael Bleby
Di Pilla’s $4b data centre play books December debut on ASX
The much-heralded float from the deal-making dynamo taps into one of this year’s hottest themes across the infrastructure, technology and property sectors.
- Nick Lenaghan
- Investigation
- Insolvency
The tech billionaire, his wife, her ex-husband and a big property deal
WiseTech Global founder Richard White has invested in many ventures, but a disused industrial site is one of the more surprising. It could be a lucrative one.
- Max Mason, Kate McClymont and Nick McKenzie
Double Bay’s new $1b village to replace InterContinental
Owners believe the new precinct will be the “final piece of the puzzle” that transforms one of Sydney’s most salubrious suburbs into a global destination.
- Campbell Kwan
- Exclusive
- Shopping centres
Dexus circles $830m of malls to catch retail wave
The property giant is on the hunt for a major shopping centre, looking at the likes of Woodgrove mall and a half stake in Erina Fair.
- Campbell Kwan
Why this fundie thinks inner-city offices are a hot play
Forza Capital has acquired a Darlinghurst office building in inner-city Sydney, its third such investment in the sector this year.
- Campbell Kwan
Former UBS real estate operative pops up at rival bank
Street Talk understands the investment bank has drafted in ex-UBS veteran and head of real estate sales and execution Tim Leahy.
- Sarah Thompson, Kanika Sood and Emma Rapaport
